HomeMy WebLinkAboutContract 57052-SP1 FORT WORTH,
August 19, 2022 City Secretary Contract No. �
Mr. Adrian Galvan
Managing Director
Tijerina Galvan Lawrence LLC
101 Summit Avenue#802
Fort Worth, TX 76102
Re: Supplemental Agreement to CSC# 57052 for Financial Advisor Services Not
Related to a Bond Issuance
The purpose of this supplemental agreement is to engage TIJERINA GALVAN
LAWRENCE LLC ("Co-Financial Advisor" or" Vendor") to perform Financial Advisor
Services separate from those outlined in City Secretary Contract (CSC)# 57052.
Specifically, services that are unrelated to a bond issuance.
Exhibit B of CSC#57052 between the City of Fort Worth ("City"), and Co-Financial Advisor
provides an hourly rate structure for any services not related to a bond issuance
("Additional Services").
Additional Services include but are not limited to:
• Tax rate calculation review, impact analysis, and/or coverage analysis unrelated
to debt for the City
• Ad hoc research related to current or potential future special projects for the City
• Scenario modeling for special projects that may or may not result in a bond
issuance for the City
• Cash flow modeling unrelated to debt issuance or for other internal City
departments
• Evaluation of third party RFQ or RFP submissions not coinciding with a debt
issuance for the City
• Evaluation of financial models related to third party vendor proposals for the City
• Creation or review of financial models related to special projects for the City
• Assist in the development and maintenance of long-term debt financing plans
and/or forecasts unrelated to traditional debt issuances of the City
• Other financial analysis, forecasting, or planning initiatives requested by the City
Task Orders
The authorization to perform Additional Services will be memorialized via written task
order(s) issued by the City. Each task order must include a description of the services to
be performed with associated deliverable deadlines, time period (if applicable), a
reference to this supplemental agreement, and an estimated maximum amount. Charges
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in excess of the estimated maximum amount must be approved by the City in writing.
Task Orders can be issued via email.
Authorization to Issue Task Orders
The City's Debt Manager is authorized to issue task order(s)for Additional Services in an
amount up to $25,000.00. The City's Treasurer is authorized to issue task order(s) for
Additional Services in an amount up to $50,000.00. The City's Chief Financial Officer is
authorized to issue task order(s) for Additional Services in excess of$50,000.00 but less
than $100,000.00.
Maximum Annual Amount
The maximum annual amount of this supplemental agreement is $100,000.00. This
amount will be available annually throughout the term of this Supplemental Agreement.
Term
The term of this Supplemental Agreement shall align with the term of CSC# 57052 and
any subsequent amendment and renewal of said contract. All other terms and conditions
contained in CSC# 57052 and any subsequent amendment and renewal will apply
throughout the term of this supplemental agreement.
(signature page follows)
Page 2 bf 3
RTWOR
CITY OF FORT WORTH:
CONTRACT COMPLIANCE
1 MANAGER:
By signing I acknowledge that I am the person
By: responsible for the monitoring and
Name: David C6xe administration of this contract, including
Title: City Manager ensuring all performance and reporting
requirements.
APPROVAL RECOMMENDED:
By: ,Q
Name: John Samford
By: Reginald Zeno(Aug 23,2022 09:25 CDT) Title: Assistant Finance Director & City
Name: Reginald Zeno Treasurer
Title: Chief Financial Officer
APPROVED AS TO FORM AND LEGALITY:
ATTEST:
By:
By: A A Name: Taylor C.Paris
Name: rCiSecretary
S. Goodal Assistant City Attorney
Title: �o T
VENDOR:
Tijerina Galvan Lawrence LLC
By: Adrian Galvan(Aug 2 2214:22CDT)
Name: Adrian Galvan
Title: Managing Director
OFFICIAL RECORD
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FT. WORTH,TX