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Health and Human Services Agency, Department of Human Services, recommending the Board authorize the Chair to sign Agreement 021-S1210 with Fiscal Experts, Inc. for specialized financial consulting services on an "as requested" basis in the not-to-exceed amount of $120,000 for a three-year term commencing upon County execution.
FUNDING: Primarily funded with Federal and State funds (85%) with County share of cost or required match (15%) met with realignment or other non-General Fund resources.
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BUDGET SUMMARY:
Total Estimated Cost $120,000.00
Funding
Budgeted $120,000.00
Total Funding Available $120,000.00
Change To Net County Cost $0.00
Fiscal Impact/Change To Net County Cost: No change. The Agreement is funded with a blend of Federal and State funds with County share of cost or required match met with realignment or other non-General Fund resources. Funds are budgeted for FY 2011-2012 and will be budgeted for future fiscal years.
Compensation for Services: Payments are made to Consultant based upon monthly invoicing for actual services performed and documented per contract requirements. County agrees to pay Consultant monthly in arrears and within thirty (30) days following County’s receipt and approval of itemized invoice(s) identifying services rendered.
Termination: Agreement includes the County's standard Fiscal Considerations termination language, as well as a provision for the County to terminate Agreement without cause in seven (7) calendar days upon written notice.
Background: Agreement 098-S0911 with Fiscal Experts, Inc. in the amount of $90,000 for the provision of specialized financial consulting services for the Department of Human Services, which is now a division of the County of El Dorado Health and Human Services Agency, was approved and executed by the Board on August 5, 2008 for the term of August 15, 2008 through August 14, 2011.
Reason For Recommendation: Funding for Social ...
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