SUBJECT:
Title
Request Approval of Change Order 3 to Purchase Order 2401661: 18P-017 Utilities Financial Consultant - Stantec Consulting Services, Inc., Denver, CO (Budget Impact - Neutral; expenditure of $19,690)
Body
INITIATOR: DEPARTMENT:
Susan Olsen, Director Procurement Services
DESCRIPTION/BACKGROUND:
On March 6, 2018, the Board approved a contract with Stantec Consulting Services, Inc. to provide comprehensive analysis updates. These updates encompass revenue sufficiency assessments, rate design strategies, preparation of loan and bond documentation, debt capacity evaluations for future acquisitions, and financial forecasting. To accommodate additional scenarios requested by county staff for the development of a comprehensive multi-year financial management plan, including associated meetings and workshops for the Solid Waste Department, Change Order 3 is being submitted for the Board’s approval. This change order proposes an increase of $19,690 to the existing Purchase Order. Previously, Change Order 1 extended the project timeline, while Change Order 2 provided funding for the meetings and workshops conducted by the firm.
A copy of the Change Order and the proposal is attached for review. Upon approval at today’s meeting, the Change Order will be presented to the Chairman and Clerk for signatures.
BUDGET/IMPACT:
Neutral; additional expenditure of $19,690, bringing the Purchase Order total to $69,685. Funding comes from ZA423534-531109 - Solid Waste Disposal Fund.
RECOMMENDED ACTION:
Recommended action
Motion to approve the change order, allow staff to process, and authorize the Chairman and Clerk to execute Change Order 3 to PO 2401661.
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