This motion enacts a 4% cost of living adjustment to the Budget and Legislative Analyst Services contract, increasing the contract amount for FY 2024-2025 to $3,246,171. It also sets a new total contract limit of $12,849,706, reflecting a total increase of $249,706 over the contract term.
Motion enacting a 4.00% cost of living adjustment (COLA) to the base Fiscal Year (FY) 2023-2024 contract amount of $3,121,318 for Budget and Legislative Analyst Services, to be effectuated as of July 1, 2024, resulting in a new FY2024-2025 contract amount of $3,246,171 an annual increase of $124,853 and a new total not to exceed contract amount of $12,849,706; a total increase of $249,706 for the contract term; and directing the Clerk of the Board to take all necessary administrative action to amend the contract accordingly.
How it got here
This legislation originated from a request for a cost of living adjustment (COLA) for the Budget and Legislative Analyst Services contract with Harvey M. Rose Associates, LLC.
The City issued a Request for Proposal (RFP) for Budget and Legislative Analyst Services, which was later awarded to Harvey M. Rose Associates, LLC.
The contract with Harvey M. Rose Associates, LLC commenced, with a term running until December 31, 2025, and an option to renew for an additional six years.
The Budget and Appropriations Committee recommended the motion for a 4.00% COLA to the contract amount.
The Board of Supervisors approved the motion enacting a 4.00% COLA, resulting in a new contract amount of $3,246,171 for FY2024-2025.
Reconstructed from attached documents & the official record
