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[ITEM PULLED BY ADMINISTRATION] MOTION TO APPROVE THE PROPOSED AGREEMENT BETWEEN THE CITY OF PEMBROKE PINES AND RPW SOLUTIONS, LLC D/B/A BCG PENSION RISK CONSULTANTS (“BCG”) EFFECTIVE ON THE DATE AGREEMENT IS EXECUTED BY BOTH PARTIES FOR A TOTAL AMOUNT NOT TO EXCEED $165,000.
Summary Explanation and Background
PROCUREMENT PROCESS TAKEN:
- Chapter 35 of the City’s Code of Ordinances is titled “PROCUREMENT PROCEDURES, PUBLIC FUNDS.”
- Section 35.18 of the City's Code of Ordinances is regarding "COMPETITIVE BIDDING OR COMPETITIVE PROPOSALS REQUIRED; EXCEPTIONS."
- Section 35.18(C) states, "Only the following situations are exempt from the competitive bid and competitive proposal requirements of this section:"
- Section 35.18 (C)(2) states that “Contracts for professional services involving peculiar skill, ability, experience or expertise, which are in their nature unique and not subject to competitive bidding, or competitive proposals, are exempt from this section; however, state laws, such as the Consultants’ Competitive Negotiation Act of the state statutes, as may be amended from time to time to the extent applicable, shall be followed.”
- Section 35.21 of the City's Code of Ordinances is titled "AWARD OF CONTRACT."
- Section 35.21(A) of the City's Code of Ordinances is titled "City Commission Approval."
- Section 35.21(A)(1) states, "An initial purchase of, or contract for, commodities or services, in excess of $100,000, shall require the approval of the City Commission, regardless of whether the competitive bidding or competitive proposal procedures were followed."
SUMMARY EXPLANATION AND BACKGROUND:
1. The City Administration engaged Ford and Associates, Inc. (Financial Advisors) to work with the City under their current Agreement to assist in the solicitation, review, and analysis of the engagement of a consulting firm to work with the City regarding a possible Pension Risk Transfer (“RPT”) of the General Employee Pension Plan which...
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