BOARD AGENDA MEMORANDUM
Government Code ? 84308 Applies: Yes ? No ?
(If "YES" Complete Attachment A - Gov. Code ? 84308)
SUBJECT: Title
Approve Amendment No. 5 to the Standard On-Call Consultant Agreement A4382G, CAS File No. 5095 with PMA Consultants, LLC to Provide On-Call Third-Party Internal Auditor Services, Increasing the Not-to-Exceed Fee by $600,000 for a Revised Total Not-to-Exceed Fee of $1,300,000.
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RECOMMENDATION: Recommendation
Approve Amendment No. 5 to the Standard On-Call Consultant Agreement A4382G, CAS File No. 5095 with PMA Consultants, LLC to provide On-Call Third-Party Internal Auditor Services for the audit and advisory services to the Internal Audit Program, increasing the Not-to-Exceed Fee by $600,000 for a revised Total Not-to-Exceed Fee of $1,300,000.
Body
SUMMARY:
Execution of Amendment No. 5 will result in an increase of the Agreement Not-to-Exceed Fee by $600,000 for a revised total Not-to-Exceed Fee of $1,300,000.
Project Background and Previous Actions
On July 27, 2020, the Chief Executive Officer approved a consultant agreement with PMA Consultants, LLC, (Consultant) to perform on-call Third-party Internal Auditor Services, as needed, for a not-to-exceed fee of $225,000 for a two (2) year term with the option to extend for up to one one-year term.
On June 14, 2022, the Board approved Amendment No. 1 to Agreement No. A4382G, which extended the Agreement term to July 27, 2023, and increased the not-to-exceed fee by $175,000 for a revised total not-to-exceed fee of $400,000.
On March 6, 2023, the Deputy Administrative Officer for the General Services Division approved Amendment No. 2, to extend the Agreement term to a five (5) year term from July 27, 2023, to July 27, 2025. The term extension was executed due to the fact that certain onsite audit services were delayed due to COVID-19 restrictions until 2022.
On January 23, 2024, the Board approved Amendment No. 3 to Agreement No. A4382G, to increase the not-to-exce...
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