Reso 2011-1807 - Laserfiche WebLink

Home Browse Search

(9 Public Resources Management Group, Inc. Utility, Rate, Financial and Management Consultants October 18, 2011 Ms. MinaI Shah Assistant City Manager City of Sunny Isles Beach 18070 Collins Avenue, 4th FloorlFinance Sunny Isles Beach, FL 33160 Subject: Agreement to Provide Financial Consulting Services Dear Ms. Shah: Public Resources Management Group, Inc. ("PRMG") is pleased to submit this letter agreement to provide financial consulting services (the "Agreement") to City of Sunny Isles Beach (the "City") on behalf of certain participating Cities (collectively, the "Participating Cities"). The City will be the point of contact and will administer this Agreement on behalf of the Participating Cities and this Agreement recognizes i) that any and all approvals made by the City has been recognized as being approved by the Participating Cities; and ii) the City is acting in good faith relative to such approvals and authorized to enter into this Agreement. Based on our discussions, the primary responsibilities of PRMG will be to review the allocation of the franchise fee revenues paid by Florida Power and Light Company ("FP&L") to Miami-Dade County (the "County") which is subsequently allocated, in part, to the Participating Cities (the "Project"). Based on our understanding of the Participating Cities' needs, PRMG proposes the following: PROJECT TEAM AND BILLING RATES During the course of the engagement, Mr. Robert 1. Ori will be the principal-in-charge and project manager and will be the primary contact between the City, as administrator of the Project, and PRMG. Additional personnel may be required during the performance of the Project as may be considered necessary by PRMG. Included on Attachment A, which is made a part of this Agreement, is a summary of the Direct Hourly Rates by employee title which will be used to bill for the consulting services rendered on behalf of the Participating Cities. SCOPE OF SERVICES The scope of services to be performed by PRMG associated with providing assistance to the Participating Cities in the review of the allocation of the annual FP&L Franchise Fee revenues to the Participating Cities by the County is summarized on Attachment B which is made a part of this Agreement. COMPENSATION AND BILLING Based on the direct hourly labor billing rates as identified herein in Attachment A and the Scope of Services as summarized herein in Attachment B, we propose a not-to-exceed contract budget of $ I 8,900 for the Project. Attachment C provides a summary of the derivation of the Project G:\DCIPend'g Agmts\Sunny Isles Bch Ltr Agmt 341 NORTH MAITLAND A VENUE - SUITE 300 - MAITLAND, FL 32751 Tel: 407-628-2600 · Fax: 407-628-2610 · Email: PRMG@PRMGinc,com · Website: www.PRMGinc.com 1'"', . . 'l, '" ~ '.' ;