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HomeMy WebLinkAboutProfessional Services Agreement - Baker Tilly Municipal Advisors LLC - LTCP Financial Services1316 COUNTY -CITY BUILDING - PHONE 574/ 235-9251 227 W. JEFFERSON BOULEVARD FAX 574/ 235-9171 SOIJTH BEND. INDIANA 46601 -1 930 CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR BOARD OF PUBLIC WORKS September 10, 2019 John Julien Baker Tilly Municipal Advisors LLC 112 Ironworks Ave., Suite C Mishawaka, IN 46544 RE: Professional Services Agreement Dear Mr. Julien: The Board of Public Works, at its meeting held on September 10, 2019, approved the above referenced agreement for financial advisory services for the Long Term Control Plan in the amount not to exceed $60,000. Enclosed please find a copy of the agreement for your records. If you have any further questions regarding this matter, please call this office at (574) 235- 9251. Sincerely, t" A" Linda M. Martin, Clerk Enclosure GARY A. GILOT GENEVIEVE E. MILLER ELIZABETH A. MARADIK LAURA L. O'SULLIVAN THERESE J. DORAU August 29, 2019 ff MFP-Rk bakertitty MUNICIPAL AOVISORS now joined with Springsted and Umbaugh Mr. Kieran Fahey, Director Long -Term Control Plan Baker Tilly Municipal Advisors, ILLC Department of Pubic Works 112 1 ronWorks Ave, Ste C City of South Bend Mishawaka, IN 465" 227 W Jefferson Blvd, Suite 1316 United States of America South Bend, IN 46601 T: +1 (574) 935 5178 F: +1 (574) 935 5928 bakertilly.corn Re: South Bend (Indiana) Municipal Sewage Works — Proposed Municipal Advisory Services — Preliminary Rate Study, Financial Capability Analysis, and Capital Funding Plan Dear Mr. Fahey: Thank you for requesting that Baker Tilly Municipal Advisors, LLC (the "Firm") provide to the City of South Bend, Indiana (the "Client") those services more fully set forth in Exhibit A hereto (the "Services"). Fees charged for work performed are generally based an hourly rates, as set forth in Exhibit B, for the time expended, a fixed amount or other arrangement as mutually agreed upon as more appropriate for a particular matter. Hourly rates for work performed by our professionals vary by individual and reflect the complexity of the engagement. Disclosure of Conflicts of Interest with Various Forms of Com ensation The Municipal Securities Rulemaking Board (MSRB) requires us, as your municipal advisor, to provide written disclosure to you about the actual or potential conflicts of interest presented by various forms of compensation. Exhibit C sets forth the potential conflicts of interest associated with various forms of compensation. By signing this letter of engagement, the signee acknowledges that he/she has received Exhibit C and that he/she has been given the opportunity to raise questions and discuss the matters contained within, the exhibit with the municipal advisor. . . . . . . . . . . . . . . . . . . . . . . . Normally, you will receive a monthly statement showing fees and costs incurred in the prior month. Occasionally, we may bill on a less frequent basis if the time involved in the prior month was minimal or if arrangements are made for the payment of fees from bond proceeds. The account balance is due and payable on receipt of the statement. Once our representation has been concluded or terminated, a final billing will be sent to you, If requested to provide an estimate of our fees for a given matter, we will endeavor in good faith to provide our best estimate, but unless there is a mutual agreement to a fixed fee, the actual fees incurred on any project may be less than or exceed the estimate. Any questions or errors in any fee statement should be brought to our attention in writing within sixty (60) days of the billing date. igobg!gn Both, the Client and the Firm have the right to terminate the engagement at any time aft - reasonable advance written notice. On termination, all, fees and charges incurred prior termiination shall be paid promptly, Unless otherwise agreed to by the Client and the Firm, t scope of services provided in Exhibit A will terminate 60 days after completion of the servicesi each Article. Mr. Kieran Fahey, Director Long -Term Control Plan Department of Public Works City of South Bend Re: South Bend (Indiana) Municipal Sewage Works — Proposed Municipal Advisory Services — Preliminary Rate Study, Financial Capability Analysis, and Capital Funding Plan August 29, 2019 Page 2 In performing our engagement, we will be relying on the accuracy and reliability of information provided by Client personnel. The services provided may include financial advisory services, consulting services, and accounting report services such as compilation, preparation, and agreed upon procedures reports. Please see Exhibit A and Exhibit D. We will not audit, review, or examine the information. Please also note that our engagement cannot be relied onto disclose errors, fraud, or other illegal acts that may exist. However, we will inform you of any material errors and any evidence or information that comes to our attention during the performance of our procedures that fraud may have occurred. In addition, we will report to you any evidence or information that comes to our attention during the performance of our procedures regarding illegal acts that may have occurred, unless they are clearly inconsequential. We have no responsibility to identify and communicate significant deficiencies or material weaknesses in your internal control as part of this engagement. The procedures we perform in our engagement will be heavily influenced by the representations that we receive from Client personnel. Accordingly, false representations could cause material errors to go undetected. The Client, therefore, agrees to indemnify and hold us harmless for any liability and all reasonable costs (including legal fees) that we may incur in connection with claims based upon our failure to detect material errors resulting from false representations made to us by any Client personnel and our failure to provide an acceptable level of service due to those false representations. The responsibility for auditing the records of the Client rests with the Indiana State Board of Accounts and the work performed by the Firm shall not include an audit or review of the records or the expression of an opinion on financial data. Client Responsibilities It is understood that the Firm will serve in an advisory capacity with the Client. The Client is responsible for management decisions and functions, and for designating an individual with suitable skill, knowledge or experience to oversee the services we provide. The Client is responsible for evaluating adequacy and results of the services performed and accepting responsibility for such services. The Client is responsible for establishing and maintaining internal controls, including monitoring ongoing activities. Additional Services Exhibit A sets forth the scope of the Services to be provided by the Firm. From time to time, additional services may be requested by the Client beyond the scope of Exhibit A. The Firm may provide these additional services and be paid at the Firm's customary fees and costs for such services. In the alternative, the Firm and the Client may complete a revised and supplemented Exhibit A to set forth the additional services (including revised fees and costs, as needed) to be provided. In either event, the terms and conditions of this letter shall remain in effect. E-VerifyProgram The Firm participates in the E-Verify program. For the purpose of this paragraph, the E-Verify program means the electronic verification of the work authorization program of the Illegal Immigration Reform and Immigration Responsibility Act of 1996 (P.L. 104-208), Division C, Title IV, s.401(a), as amended, operated by the United States Department of Homeland Security or a Mr. Kieran Fahey, Director Long -Term Control Plan Department of Public Works City of South Bend Re: South Bend (Indiana) Municipal Sewage Works — Proposed Municipal Advisory Services — Preliminary Rate Study, Financial Capability Analysis, and Capital Funding Plan August 29, 2019 Page 3 successor work authorization program designated by the United States Department of Homeland Security or other federal agency authorized to verify the work authorization status of newly hired employees under the Immigration Reform and Control Act of 1986 (P.L. 99-603). The Firm does not employ any "unauthorized aliens" as that term is defined in 8 U.S.C. 1324a(h)(3). Investments The Firm certifies that pursuant to Indiana Code 5-22-16.5 et seq. the Firm is not now engaged in investment activities in Iran. The Firm understands that providing a false certification could result in the fines, penalties, and civil action listed in I.C. 5-22-16.5-14. Non -Discrimination Pursuant to Indiana Code §22-9-1-10, Baker Tilly Municipal Advisors, LLC and its subcontractors, if any, shall not discriminate against any employee or applicant for employment to be employed in the performance of this Agreement, with respect to hire, tenure, terms, conditions or privileges of employment or any matter directly or indirectly related to employment, because of race, religion, color, sex, disability, national origin, ancestry, or veteran status. Breach of this covenant may be regarded as a material breach of this Agreement. -w. Baker Tilly Municipal Advisors, LLC is aware of the provisions under Indiana Code §36-1-21 et seq. with respect to anti -nepotism in contractual relationships with governmental entities. Baker Tilly Municipal Advisors, LLC certifies that none of the owners of Baker Tilly Municipal Advisors, LLC is a relative of any elected Town Council Member of Town. r +w s wjill e w Baker Tilly Municipal Advisors, LLC certifies that, except for de minimis and non-systematic violations, it has not violated the terms of I.C. 24-4.7, I.C. 24-5-12, or I.C. 24-5-14 in the previous three hundred sixty-five (365) days, even if I.C. 24-4.7 is preempted by federal law, and that Baker Tilly Municipal Advisors, LLC will not violate the terms of I.C. 24-4.7 for the duration of the Agreement, even if I.C. 24-4.7 is preempted by federal law. Baker Tilly Municipal Advisors, LLC further certifies that any affiliate or principal of Baker Tilly Municipal Advisors, LLC and any agent acting on behalf of Baker Tilly Municipal Advisors, LLC or on behalf of any affiliate or principal of Baker Tilly Municipal Advisors, LLC, except for de minimis and non-systematic violations, has not violated the terms of I.C. 24-4.7 in the previous three hundred sixty-five (365) days, even if I.C. 24- 4.7 is preempted by federal law, and will not violate the terms of I.C. 24-4.7 for the duration of the Agreement, even if I.C. 24-4.7 is preempted by federal law. Mgn�dvisor istrat''on The Firm is a Municipal Advisor registered with the Securities and Exchange Commission and the Municipal Securities Rulemaking Board. As such, the Firm is providing certain specific municipal advisory services to the Client. The Firm is neither a placement agent to the Client nor a broker/dealer. The offer and sale of any Bonds shall be made by the Client, in the sole discretion of the Client, and under its control and supervision. The Client agrees that the Firm does not undertake to sell or attempt to sell the Bonds, and will take no part in the sale thereof. Mr. Kieran Fahey, Director Long -Term Control Plan Department of Public Works City of South Bend Re: South Bend (Indiana) Municipal Sewage Works — Proposed Municipal Advisory Services — Preliminary Rate Study, Financial Capability Analysis, and Capital Funding Plan August 29, 2019 Page 4 The Client and the Firm agree that if any dispute (other than our efforts to collect any outstanding invoice(s)) arises out of or relates to this engagement, or any prior engagement we may have performed for you, and if the dispute cannot be settled through informal negotiation, the parties agree first to try in good faith to settle the dispute by mediation administered by the American Arbitration Association under its Commercial Mediation Procedures (or such other administrator or rules as the parties may mutually agree) before resorting to litigation. The parties agree to engage in the mediation process in good faith once a written request to mediate has been given by any party to the engagement. Any mediation initiated as a result of this engagement shall take place in South Bend, Indiana, or such other location as the parties may mutually agree. If the parties are unable to mutually agree on the selection of a mediator, the mediator shall be determined in accordance with the American Arbitration Association's Commercial Mediation Procedures. The results of any such mediation shall be binding only upon a written settlement agreement executed by each party to be bound. Each party shall bear its own costs and fees, including attorneys' fees and expenses, in connection with the mediation, The costs of the mediation, including without limitation the mediator's fees and expenses, shall be shared equally by the participating parties. Any ensuing litigation shall be initiated and maintained exclusively before any state or federal court having appropriate subject matter jurisdiction located in South Bend, Indiana. thgr Fina0gial I ndust Activi les and Affiliations Baker Tilly Investment Services, LLC ("BTIS") is an affiliate of the Firm. BTIS is registered as an investment adviser with the Securities and Exchange Commission under the federal Investment Advisers Act. BTIS provides non -discretionary investment advice with the purpose of helping clients create and maintain a disciplined approach to investing their funds prudently and effectively. BTIS may provide advisory services to the clients of the Firm. BTIS has no other activities or arrangements that are material to its advisory business or its clients with a related person who is a broker -dealer, an investment company, other investment adviser or financial planner, bank, law firm or other financial entity. If the foregoing accurately represents the basis upon which we may provide Services to the Client, we ask that you execute this letter, in the space provided below setting forth your agreement. Execution of this letter can be performed in counterparts each of which will be deemed an original and all of which together will constitute the same document. On March 1, 2019, H.J. Umbaugh & Associates, Certified Public Accountants, LLP ("Umbaugh") effected a business combination with Baker Tilly Virchow Krause, LLP, (Chicago, Illinois), a financial services and accounting firm ("Umbaugh/Baker Tilly Combination"). Baker Tilly Virchow Krause, LLP also effected a business combination with Springsted Incorporated, (Saint Paul, Minnesota), a municipal and management advisory firm, that became effective April 1, 2019. The municipal advisory business unit of Baker Tilly Virchow Krause together with Umbaugh and Springsted have formed and are operating as a wholly -owned subsidiary doing business as Baker Tilly Municipal Advisors, LLC. Mr. Kieran Fahey, Director Long -Term Control Plan Department of Public Works City of South Bend Re: South Bend (Indiana) Municipal Sewage Works — Proposed Municipal Advisory Services — Preliminary Rate Study, Financial Capability Analysis, and Capital Funding Plan August 29, 2019 Page 5 If you have any questions, please let us know. We appreciate this opportunity to be of service to you and the City of South Bend, Indiana. Very truly yours, BAKER TILLY M I t$ Rf , LLC D. J/Hen, Partner undersf t d hereby acknowledges and agrees to the foregoing letter of engagement. City of South Bend, Indiana t" Date: - ------- _- �__.......�.. .� By: _... ..... .� of..., jak, Printed: ...... Baker Tilly Municipal Advisors, LLC is a registered municipal advisor and wholly -owned subsidiary of Baker Tilly Virchow Krause, LLP, an accounting firm. Baker Tilly Virchow Krause, LLP trading as Baker Tilly is a member of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. 0 2019 Baker Tilly Munlo pal Advisors, LLC Exhibit A Services Provided Scope of Services The Firm agrees to furnish and perform the following services with respect to the preparation of the preliminary rate study for the Client. x A. Compile from available records, historical balance sheets and/or historical recorded financial information for the most recent twelve (12) month period (the "test year"). B. Detail from available records a schedule of flow of funds for the test year for the purpose of determining trends, amounts of revenue, operation and maintenance expenses, debt service requirements and expenditures for improvements to the utility property and plant. C. From representatives of the Utility obtain information related to the proposed capital projects including estimated construction costs and estimate impacts on operation and maintenance expenses. D. Prepare estimated debt service requirements for the proposed capital projects assuming open market financing and the various financing options offered by the State Revolving Fund Loan Program. E. Using the analysis developed above prepare.. 1. The calculated adjustment to rates and charges needed to fund the utility's revenue requirements. 2. To the extent the impact to rates calculated above exceeds the Client's proposed thresholds assist with the development of modifications to the capital improvement plan that might reduce the expected rate impact to meet the Client's targeted rates. Assist with the updating of the clients Financial Capability Analysis Calculations. G. During development of and upon completion of the study, attend meetings with the Client to discuss findings and recommendations. Exhibit B Fees The Firm's fees for services set forth in Exhibit A will be billed at the Firm's standard billing rates based upon the actual time and expenses incurred and will not exceed Sixty Thousand Dollars ($60,000) without further authorization from the Client. tandard Howriv 'Pates bv Jots Classification 1 /1 /2019 Partners / Principals / Directors $240.00 to $550.00 Managers $200.00 to $325.00 Senior Consultants $150.00 to $250.00 Consultants $135.00 to $200.00 Municipal Bond Disclosure Specialists $120.00 to $190.00 Support Personnel $110.00 to $150.00 Interns $90.00 to $110.00 • Billing rates are subject to change periodically due to changing requirements and economic conditions. Actual fees will be based upon experience of the staff assigned and the complexity of the engagement.. The above fees shall include all expenses incurred by the Firm with the exception of expenses incurred for mileage which will be billed on a separate line item. No such expenses will be incurred without the prior authorization of the Client. The fees do not include the charges of other entities such as rating agencies, bond and official statement printers, couriers, newspapers„ bond insurance companies, bond counsel and local counsel, and electronic bidding services, including Parity0. Coordination of the printing and distribution of Official Statements or any other Offering Document are to be reimbursed by the Client based upon the time and expense for such services. Exhibit C PART A — [Disclosures of Conflicts of Interest MSRB Rule G-42 requires that municipal advisors provide to their clients disclosures relating to any actual or potential material conflicts of interest, including certain categories of potential conflicts of interest identified in Rule G-42, if applicable. If no such material conflicts of interest are known to exist based on the exercise of reasonable diligence by the municipal advisor, municipal advisors are required to provide a written statement to that effect. Material Conflicts of Interest— The Firm makes the disclosures set forth below with respect to material conflicts of interest in connection with the Scope of Services under this Agreement, together with explanations of how the Firm addresses or intends to manage or mitigate each conflict. General Mitigations — As general mitigations of the Firm's conflicts, with respect to all of the conflicts disclosed below, the Firm mitigates such conflicts through its adherence to its fiduciary duty to Client, which includes a duty of loyalty to Client in performing all municipal advisory activities for Client. This duty of loyalty obligates the Firm to deal honestly and with the utmost good faith with Client and to act in Client's best interests without regard to the Firm's financial or other interests. The disclosures below describe, as applicable, any additional mitigations that may be relevant with respect to any specific conflict disclosed below. AHilfate Conflict. BTIS, an affiliate of the Firm (the "Affiliate"), has or is expected to provide certain advice to or on behalf of Client that is directly related to the Firm's activities within the Scope of Services under this Agreement. In particular, providing advice to Client regarding investment of bond proceeds. The Affiliate's business with Client could create an incentive for the Firm to recommend to Client a course of action designed to increase the level of Client's business activities with the Affiliate or to recommend against a course of action that would reduce or eliminate Client's business activities with the Affiliate. Furthermore, this potential conflict is mitigated by the fact that the Affiliate is subject to its own comprehensive regulatory regime as a registered investment adviser with the Securities and Exchange Commission under the federal Investment Advisers Act. Com ensation-Based Conflicts. The fees due under this Agreement are based on hourly fees of the Firm's personnel, with the aggregate amount equaling the number of hours worked by such personnel times an agreed -upon hourly billing rate. This form of compensation presents a potential conflict of interest if Client and the Firm do not agree on a reasonable maximum amount at the outset of the engagement, because the Firm does not have a financial incentive to recommend alternatives that would result in fewer hours worked. This conflict of interest is mitigated by the general mitigations described above. III. Other Municipal The Firm serves a wide variety of other clients that may from time to time have interests that could have a direct or indirect impact on the interests of Client. For example, the Firm serves as municipal advisor to other municipal advisory clients and, in such cases, owes a regulatory duty to such other clients just as it does to Client under this Agreement. These other clients may, from time to time and depending on the specific circumstances, have competing interests, such as accessing the new issue market with the most advantageous timing and with limited competition at the time of the offering. In acting in the interests of its various clients, the Firm could potentially face a conflict of interest arising from these competing client interests. This conflict of interest is mitigated by the general mitigations described above. Exhibit C MSRB Rule G-42 requires that municipal advisors provide to their clients certain disclosures of legal or disciplinary events material to its client's evaluation of the municipal advisor or the integrity of the municipal advisor's management or advisory personnel. Accordingly, the Firm sets out below required disclosures and related information in connection with such disclosures. I. Material Legal or Discilgingry.Event. There are no legal or disciplinary events that are material to Client's evaluation of the Firm or the integrity of the Firm's management or advisory personnel disclosed, or that should be disclosed, on any Form MA or Form MA-1 filed with the SEC. 11. H'ow to Access Form MA and Form MA-1 Filings. The Firm's most recent Form MA and each most recent Form MA-1 filed with the SEC are available on the SEC's EDGAR system at Ittt : �www.seo. ovdc l binfbrow e ed ar action® etoom an. C1K=0001616995. III. Most Recent Chaan a in Legal or Discl linaar Event Disclosure, The Firm has not made any material legal or disciplinary event disclosures on Form MA or any Form MA-1 filed with the SEC. PART C — Future Supplemental Disclosures As required by MSRB Rule G-42, this Disclosure Statement may be supplemented or amended, from time to time as needed, to reflect changed circumstances resulting in new conflicts of interest or changes in the conflicts of interest described above, or to provide updated information with regard to any legal or disciplinary events of the Firm. The Firm will provide Client with any such supplement or amendment as it becomes available throughout the terra of the Agreement. PART D -- Rule C-10: investor and Munici all Advisory Client Education and protection MSRB Rule G-10 requires that municipal advisors to notify their clients of the availability of a client brochure on the MSRB's website that provides information on the processes for filing a client complaint. Accordingly, the Firm sets out below the required information. I. The Firm is registered as a Municipal Advisor with the Securities and Exchange Commission (867- 00880) and the Municipal Securities Rulemaking Board (K1027). II. The website address for the Municipal Securities Rulemaking Board is www.msrb.org. III. The website for the Municipal Securities Rulemaking Board has a link to a brochure that describes (i) the protections that may be provided by the Municipal Securities Rulemaking Board rules and (ii) describes how to file a complaint with an appropriate regulatory authority. Exhibit D Compilation Accounting Se ices Compilation of Historical Financial Statements Out Res 2 ib`ii,Le : The objective of our engagement is to apply accounting and financial reporting expertise to assist you in the presentation of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements in order for them to be in accordance with accounting principles generally accepted in the United States of America or the cash basis of accounting based on information provided by you. We will conduct our compilation engagement in accordance with the Statements on Standards for Accounting and Review Services (SSARS) promulgated by the Accounting and Review Services Committee of the AICPA and comply with the AICPA's Code of Professional Conduct, including the ethical principles of integrity, objectivity, professional competence, and due care when performing the compilation engagement. We are not required to, and will not, verify the accuracy or completeness of the information you will provide to us for the engagement or otherwise gather evidence for the purpose of expressing an opinion or a conclusion. Accordingly, we will not express an opinion or a conclusion nor provide any assurance on the financial statements. Our engagement cannot be relied upon to identify or disclose any financial statement misstatements, including those caused by fraud or error, or to identify or disclose any wrongdoing within the entity or noncompliance with laws and regulations. We in our sole professional judgement, reserve the right to refuse any procedure or take any action that could be construed as assuming management responsibilities. Your Res onsibiiitpes: The engagement to be performed is conducted on the basis that you acknowledge and understand that our role is to assist you in the presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America or with the cash basis of accounting. You have the following overall responsibilities that are fundamental to our undertaking the engagement in accordance with SSARS: 1. The selection of the cash basis of accounting or accounting principles generally accepted in the United States of America as the financial reporting framework to be applied in the preparation of the financial statements. 2. The preparation and fair presentation of financial statements in accordance with the cash basis of accounting or accounting principles generally accepted in the United States of America. 3. The election to omit substantially all disclosures normally included in the financial statements in accordance with the cash basis of accounting or accounting principles generally accepted in the United States of America. 4. The design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of the financial statements. 5. The prevention and detection of fraud Exhibit D 6. To ensure that the Client complies with the laws and regulations applicable to its activities. 7. The accuracy and completeness of the records, documents, explanations, and other information, including significant judgments, you provide to us for the engagement. B. To provide us with — • access to all information of which you are aware is relevant to the preparation and fair presentation of the financial statements, such as records, documentation, and other matters. • additional information that we may request from you for the purpose of the compilation engagement. unrestricted access to persons within the Client of whom we determine it necessary to make inquiries. You are also responsible for all management decisions and responsibilities and for designating an individual with suitable skills, knowledge, and experience to oversee our compilation of your financial statements. You are also responsible for evaluating the adequacy and results of the services performed and accepting responsibility for such services. CW .0 0 As part of our engagement, we will issue a report that will state that we did not audit or review the financial statements and that, accordingly, we do not express an opinion, a conclusion, nor provide any assurance on them. If, for any reason, we are unable to complete the compilation of your financial statements, we will not issue a report on such statements as a result of this engagement. You agree to include our accountant's compilation report in any document containing financial statements that indicates that we have performed a compilation engagement on such financial statements and, prior to the inclusion of the report, to ask our permission to do so. BOARD OF PUBLIC WORKS AGENDA ITEM REVIEW REQUEST FORM Date Name 09/03/2019 Kieran Fa Department Public Works BPW Date 09/10/2019 Phone Extension 5993 IVIVIVIVII'dN PrkRP�F�MY�WNNIWN@WIIIIIIII' � ,, ,, �6YJl�iA' Imp""^"" MAW!911 �. YIYI �,iIMIDd�NVNMPrt Required Prior to Submittal to Board Legal® Attorney Name Clara McDaniels Controller ❑' Controller review is required for all Contracts $5,000.00 or more anc greater than one year in length per the City Purchasing Policy Purchasing Check the LJ Agreement ® Professional Services j] Bid Opening El Quote Opening E:1 Change Order No. _ Ease/Encroach. El Other: wrprt Item T El Contract Resolution F] Bid Award EJ Quote Award �] C/O & PCA No, Traffic Control for All Submissions I Proposal ❑ Addendum ❑ Req. to Advertise ❑ Title Sheet Required Information Company or Vendor Name: Umbau h now known as Baker Till ❑ PCA New Vendor ❑ Yes ® No El If Yes, Approved by Purchasing MBE/WBE Contractor ❑ MBE ❑ WBE MBE/WBE Contractor Requested ® No ❑ Yes Name of Company Project Name LTCP capital funding plan Project Number NA Funding Source_��...�_..........._.Wastewate.r.�.�.......�W_� _._�.�.�...........�.�_.� mm.�....�.._. ..............Ww m.............. _w �.�.........._ Account No. _ 641-0630-793-31-01 $ 60,000 Not to be exceeded Amount Terms of Contract Purpose/Description Financial adviso services EJ Required Contractor's Certification Form Attached (Non - Collusion., Non -Discrimination, Non -Debarment, E-Verifv„ Iran. etc. Amount of Increase mm $ Decrease $ Previous Amount $ Current Percent of Change: New Amount $ Total Percent of Change: Dispersal After Approval Copy Original ❑ ❑