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HomeMy WebLinkAboutSummary Form.10"' _ AGENDA ITEM SUMMARY FORM �11r FILE ID: / a 0 0551 Law Department Date: 4/7/10 Requesting Department: CIP Matter ID No. Commission Meeting Date: 5/13/10 District(s) Impacted: All Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Resolution to exercise the City's first option to renew the Professional Services Agreement with Post Buckley Schuh & Jernigan, Inc., for the provision of Capital Program Support Services. Purpose of Item: To authorize the City Manager to exercise the City's first option to renew the Professional Services Agreement with Post Buckley Schuh & Jernigan, Inc., for an additional one (1) year period, for the provision of Capital Program Support Services for the multi-year Capital Improvements Plan. Background Information: On May 6, 2008, pursuant to Resolution No. 08-0199, the City executed a Professional Services. Agreement (PSA) with Post Buckley Schuh & Jernigan, Inc. (PBS&J), for the provision of Capital Program Support Services, for a two (2) year period with the option to renew for three (3) additional one (1) year periods. The authorized maximum compensation limit per year is $2,527,943, for a total capacity of $5,055,886 for the two year period. $2,359,842 of this capacity was utilized the first year, and an anticipated $900,000 is expected to be utilized by the close of the second year period. The remaining capacity is $1,796,044. Pursuant to Article 2.04-1 of the Compensation section of the agreement, CIP may utilize the remaining capacity throughout its appropriately exercised option to renew periods. Therefore, it is necessary to exercise the City's option to renew pursuant to Article 2.02. Budget Impact Analysis NO Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: Various NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final AF (SIGN AN CIP N/A Bu If using or receiving capital funds Grants N/A Rig Purchasin /A De Chief Cit Page I of I