Professional Services Contract - PricewaterhouseCoopers LLP - Police and Fire Pension Plan for GASB 67 and 68

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BOARD OF PUBLIC WORKS AGENDA ITEM REVIEW REQUEST FORM Date 1/13/17 Name John Murphy Department Adm/Finance BPW Date 1/24/16 Phone Extension 7678 Required Prior to Submittal to Board Legal ® Attorney Name Michael Schmidt Controller ® Controller review is required for all Contracts $5,000.00 or more and greater than one year in length per the City Purchasing Policy Purchasing ® George King Check the Appropriate Item Type — Required for All Submissions ❑ Agreement ❑ Contract ❑ Proposal ❑ Addendum ❑ Professional Services ® Resolution ❑ Bid Opening ❑ Bid Award ❑ Req. to Advertise ❑ Title Sheet ❑ Quote Opening ❑ Quote Award ❑ Change Order No. ❑ C/O & PCA No. ❑ PCA ❑ Ease/Encroach. ❑ Traffic Control ❑ Other: Required Information Company or Vendor Name Pricewaterhousecoopers LLP New Vendor ❑ Yes ® No ❑ If Yes, Approved by Purchasing MBEM/BE Contractor ❑ MBE ❑ WBE Project Name 2016 Police and Fire Pension Plan GASB 67 & 68 Valuation Reports Project Number None Funding Source Police Pension Plan and Fire Pension Plan Account No. 702-0803-645-31-06 $ 701-0903-645-31-06 Amount $ $3,000.00 lump sum for each report, $6,000.00 total cost. Terms of Contract Required valuation reports for the Police and Fire Pension plans as mandated by GASB 67 & 68. Pricewaterhousecoopers is the suggested provider for services for Indiana cities by the Indiana Public Retirement System. The City of South Bend has contracted with them successfully for these services the roast two vears. Purpose/Description ❑ Required Contractor's Certification Form Attached (Non - Collusion, Non -Discrimination, Non -Debarment, E-Verify, Iran, etc. Required For Chanqe Orders Onlv Amount of 0 Increase Decrease Previous Amount Current Percent of Change: New Amount Total Percent of Change: Copy Original ❑ ❑ ❑ ❑ 7 ❑ Dispersal After