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HomeMy WebLinkAboutContract 37686-A2 (2)C17Y SFORETA;! �Y QNIT ACT N64. � 'A::k STATE OF TEXAS § SECOND AMENDMENT TO § CITY SECRETARY CONTRACT COUNTY OF TARRANT § NO.37686 This SECOND AMENDMENT TO CITY SECRETARY CONTRACT NO. 37686 ("Agreement") is made and entered into by and between THE CITY OF FORT WORTH ("CITY"), a home rule municipal corporation situated in Tarrant, Denton, Parker and Wise Counties acting by and through its duly authorized Assistant City Manager, and CROWE HORWATH, LLP ("CONSULTANT") acting by and through its duly authorized representative. WHEREAS, the CITY and CONSULTANT, made and entered into City of Fort Worth City Secretary Contract ("CSC") No. 37686, which was authorized by the City Council via M&C C-23029 on September 9, 2008 and M&C C-23059 on September 23, 2008, and amended by CSC No. 37686 A4, which was authorized by M&C G-16354 on November 11, 2008, collectively referred to as the "CONTRACT;" and WHEREAS, the CONTRACT involves staff augmentation services for completion of the Ciry's FY 2007 and FY 2008 Comprehensive Annual Financial Reports; and WHEREAS, the parties now wish to amend the contract to expand the scope of services and increase the compensation. NOW, THEREFORE, CITY and CONSULTANT, agree as follows: 1. Section 1—Scope of Services is amended to add the following to Exhibit "A," Statement of Work: 4. (i) Provide additional staff resources to complete auditable trial balances for the external audit and assist other City departments, as necessary, in completing tasks for the 2008 audit process. 1.0) Provide additional staff resources to assist the City with the 2009 trial balance for the first six months of the fiscal year. 2. Section 3 —Compensation is amended to read as follows: The City shall pay Consultant an amount not to exceed $1,380,000.00 ("Contract Amount") in accordance with the provisions of this Agreement and the Payment Schedule attached as Exhibit "B," which is incorporated Second Amendment to Contract No. 37686 Page 1 of 2 P12:44 IN '. �OvnRTB i, TX for all purposes herein. Consultant shall not perform any additional services for the City not specified by this Agreement unless the City requests and approves in writing the additional costs for such services. The City shall not be liable for any additional expenses of Consultant not specified by this Agreement unless the City first approves such expenses in writing. 3. Exhibit B —Payment Schedule is amended to add the following: 2. City acceptance of Deliverables: g. Auditable trial balances provided to the external auditors and assistance provided to other City Departments to complete tasks for the 2008 audit process $160,000. h. Departmental assistance in preparing the 2009 trial balance for the first six months of the fiscal year $140,000. 4. All other provisions of the CONTRACT that are not expressly amended herein shall remain in full force and effect. Executed on this theday of 2009. ATTEST: ILM A By: Marry Hendrix City Secretary APPROVED AS TO FORM AND LEGALITY: Bye 11. Malesh'a B. Farmer Assistant City Attorney Contract Authorization: M&C: �llv�l z 2 Date Approved: /-/ 3-0 `1 Second Amendment to Contract No. 37686 Page 2 of 2 CITY OF FORT WORTH: By; i ic.ac,v Karen L. Montgomery Assistant City Manager Date: ;;L S D `l CONSULTANT: Crowe Horw�ath,LLP Bert G. Nuehring Executive M&C Review Page 1 of 2 CITY COUNCIL AGENDA Official site of the City of Fort Worth, Texas Four WoRri� _��. COUNCIL ACTION: Approved on 1/13/2009 -Ord. No. 18439-01-2009 DATE: 1/13/2009 REFERENCE G-16422 LOG NAME: 13CROWEAMEND2 NO.. CODE: G TYPE: CONSENT HEARING: NO SUBJECT: Authorize an Amendment to the Contract with Crowe Horvath, LLP, to Increase Staff Augmentation Services to Complete the Fiscal Years 2008 and 2009 Comprehensive Annual Financial Reports for an Increased Cost Not to Exceed $300,000.00 for a Total Cost Not to Exceed $1,380,000.00 RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached supplemental appropriation ordinance increasing estimated receipts and appropriations in the General Fund by $300,000.00, and decreasing the Unreserved, Undesignated Fr balance by the same amount; and 2. Authorize an amendment to the contract for staff augmentation services for the completion of the Comprehensive Annual Financial Reports for Fiscal Years 2008 and 2009 with Crowe Horvath, LLP, 1 Financial Management Services Department for a projected increased cost not to exceed $300,000.0( DISCUSSION: On September 9, 2008, the City of Fort Worth authorized the execution of a contract totaling $930,000 for staff augmentation services for the completion of the Comprehensive Annual Financial Report (CAI for Fiscal Years 2007 and 2008, as well as provide documentation of the processes, responsibilities ar rules to enhance the City's ability to produce future CAFRs in an efficient and timely manner. On November 11, 2008, the City Council authorized an amendment to the contract for an increased cc not to exceed $150,000.00 and a total contact cost of $1,080,000.00. The contract amendment provide additional staff resources for reconciliation and analytical services in conjunction with the completion c 2007 CAFR. The proposed increase to the contract is necessary in order to expand the scope of work to provide additional staff resources. Additional resources will prevent a drain on current City resources and alloy staff to focus on daily tasks and remain on target in the Fiscal Year 2009 CAFR process. The resource be used for additional reconciliation and analytical services including investment reconciliations, interfr reconciliations and fixed asset roll forward schedules. In addition, resources will be deployed, as nece to assist other City departments in gathering information, preparing necessary schedules, updating incomplete accounting data and other tasks necessary to complete tasks for the Fiscal Year 2008 and process. This increase will bring the total cost of the contract to $1,380,000.00. MWBE: The additional financial obligations of the City exceed 10 percent of the original contract amo� The proposed Amendment complies with the City's M/WBE Ordinance because Crowe Horvath, LLP, committed to an additional 10 percent M/WBE participation level under this Amendment No. 2. http://apps.cfwnet.org/council�acket/mc review.asp?ID=10986&councildate=l/13/2009 2/2/2009 M&C Review Page 2 of 2 FISCAL INFORMATION/CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendati< and adoption of the attached supplemental appropriation ordinance, funds will be available in the current operative budget, as appropriated, of the General Fund. Upon approval, the Unaudited, Unreserved, Undesignated Fund balance of the General Fund will be $13,705,939.00 abo� minimum reserve requirement. TO Fund/Account/Centers Submitted for City Manager's Office bv: Originating Department Head: Additional Information Contact: ATTACHMENTS FROM Fund/Account/Centers GG01 531200 0901000 $300,000.00 Karen Montgomery (6222) Lena Ellis (8517) Mae Gray -Rossi (8325) http://apps.cfwnet.org/council�acket/mc review.asp?ID=10986&councildate=l/13/2009 2/2/2009