HomeMy WebLinkAboutSummary Form°':i . AGENDA ITEM SUMMARY FORM
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Date: 7/9/2010 Requesting Department: Citi, Manager Laiv Department
Commission Meeting Date: 7/22/2010 District Impacted: ALL Matter ID No.
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Authorizing to piggyback City of Philadelphia Request for Qualifications for the provision of
Financial Services.
C V1 IM111:
A Resolution authorizing the City Manager to execute a Professional Services Agreement with Public
Financial Management, Inc., under an existing City of Philadelphia Request for Qualifications dated
April 3, 2009, and subsequent agreement, for the provision of Financial Services, for the Office of the
City Manager, effective through May 13, 2011, with options to renew for two additional one year
periods, in a first year annual amount not to exceed $125,000; allocating funds from Account Code
No. 00001.980000.534000.
Information:
The Office of the City Manager is seeking the services of financial services to provide expert services
to the City in preparation for and during upcoming collective bargaining negotiations with the City's
munlicipaI uuiions. Therefore, said services i�dll be rendered utilizing an existing City of Philadelphia
Request for Qualifications and subsequent agreement effective May. 13, 2011. The City anticipates
utilizing this contract for a not to exceed amount of $125,000 during this period. Any services to be
provided beyond this period and during the remaining option years will require City Conunission
approval.
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: 00001.980000.534000
Special Revenue Account. No: N/A
CIF Project No: N/A
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost: N/A
Maintenance Cost: N/A
Total Fiscal Impact: N/A
CIP
_ Ifusing or receiving capital funds
Final Approvals
(SIGN AND QAL
Budget I/c>
Risk Management
Dept. Director
City Manager ��--
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