HomeMy WebLinkAboutCRA-R-06-0036 Back UpSOUTHEAST OVERTOWN/PARK WEST
AND OMN I
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
To: James H. Villacorta
Interim Executive Director
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Date: September 15, 2006
Subject:
From: Miguel A. Valentin References:
Financial Officer
Request for Proposal
for Executive Search
Services for Executive
Director.
Enclosures: Supporting Documentation
I have reviewed the proposals submitted by executive search firms for
services required to fill the position of Executive Director at the Community
Redevelopment Agencies. Based on this review (see attached spreadsheet), and
the need to expeditiously fill this position, I have ranked the proposals in
the following order: 1) Colin Baenziger & Associates; 2) Stanton Chase
International; 3) Korn/Ferry International. I recommend that the CRA accept
the proposal made by Colin Baenziger & Associates at a fixed fee of $23,825
and would budget $9,000 for candidate travel and miscellaneous expenses in
conducting the search. This firm has achieved the successful placement of a
number of executive positions for city and county governments in Florida.
Additionally, the firm has provided positive references from local
governments regarding its performance.
i
Area
Evaluation of RFP For Executive Search Services For Executive Director
Qualification/
Experience
and
Firm Ability
Fees for
Service/
Payment
Schedule
Evaluation Criteria
1- Overall relevant search experience.
2- General capability
3- Time to Completion
L
1- Fees for services.
2- Payment schedule.
3-Insurance
4- Warranty
5- Cancellation
Colin Baenziger &
Associates
In business since 1996.
Extensive municipal practice
focusing on executive level
positions.
Estimated project schedule for
Executive Director search is 60-
75 days.
Fixed fee in the amount of
$23,825, including all expenses
and costs, except candidate's
travel and lodging. Work beyond
the scope of the RFP will be
billed at $125 per hour. No such
work will be performed without
written authorization.
As services are rendered.
Maintains general liability,
professional liability and
automobile liability. Workers
compensation and employers
liability available.
If candidate leaves during the first
year will repeat search at no
charge. Fixed fee guaranteed.
Will not approach selected
candidates for new positions.
Negotiable based on work
performed.
i
Stanton Chase
International
Office in Boca Raton since 1980.
Representative assignments
focus mainly on private sector
positions.
Estimates search will take 90-120
days from inception to acceptance
of offer.
Fee based on 33.1/3% of first -
year's cash compensation,
defined as base salary, signing
bonus (if any), and first -year
performance or incentive
compensation determined for the
Executive Director's position.
Payable in three installments: 1/3
at the inception of the assignment;
1/3 at 30 days; and the final 1/3 at
60 days.
information not provided.
IKorn/Ferry international
Parent firm has over thirty-seven
years of experience.
Representative assignments
focus mainly on private sector
positions.
Estimated time to completion not
specified in provider's response.
Fixed fee plus administrative
expenses in the amount of
$54,000, plus related search
expenses which will not exceed
$10,000.
Payable in three installments: the
first installment is due and
payable upon acceptance of the
proposal; second payment due
upon presentation of list of 6
candidates; final third payment
due upon placement or 90 days
after engagement.
Information not provided.
If candidate leaves during the first If candidate leaves during the first
year will repeat search for cost of year will repeat search for cost of
direct expenses. direct expenses. Will not recruit a
CRA employee for 12 months
following commencement of
search.
Compensation based on work
performed prior to date of
cancellation.
If cancelled 33% of fee and
administrative expenses are
earned upon signing. Entire fee is
earned after 90 days.