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HomeMy WebLinkAboutAgreement for Services with Berk Consulting, Inc. Providing Fiscal Sustainability Analysis CITY OF AUBURN AGREEMENT FOR SERVICES • fid THIS AGREEMENT made and entered into on thisL day of c 2019, by and between the City of Auburn, a municipal corporation of the State of Washington, the "City" and BERK CONSULTING, INC., the "Consultant". RECITALS: 1. The City wants to hire the Consultant to provide a fiscal sustainability analysis; and 2. The City will hire the Consultant to provide these services in connection with the City's work; and 3. The Consultant is able to provide services in connection with the City's needs for this work, and is willing and agreeable to provide the services on the terms and conditions in this Agreement. AGREEMENT: In consideration of the mutual promises contained in this Agreement, the parties agree as follows: 1. Scope of Services The Consultant agrees to perform in a good and professional manner the tasks described in the Consultant's proposal (Exhibit "A"). The Consultant will perform the services as an independent contractor and will not be deemed, by virtue of this Agreement and the performance thereof, to have entered into any partnership, joint venture, employment or other relationship with the City. 2. Additional Services If additional services with respect to related work are required beyond those specified in the Scope of Services, and not included in the compensation listed in this Agreement, the parties will amend this Agreement before the Consultant performs the additional services However, Consultant agrees that it will perform additional services on the written request of an authorized representative of the City pending execution of an Amendment. Page 1 of 8 3. Consultant's Representations The Consultant represents and warrants that it has all necessary licenses to perform the services provided for in this Agreement. 4. Compensation As compensation for the Consultant's performance of the services provided for in this Agreement, the City will pay the Consultant the fees and costs specified in the Consultant's proposal. Total compensation is not-to-exceed $70,000.00 The Consultant will submit to the City a monthly invoice or statement of time spent on tasks included in the scope of work, and the City upon acceptance of the invoice or statement will process the invoice or statement in the next billing/claim cycle following receipt of the invoice or statement. 5. Time for Performance and Term of Agreement The Consultant will not begin any work under this Agreement until authorized in writing by the City. The Consultant will perform the services in accordance with the direction and scheduling provided on Exhibit "A" unless otherwise agreed to in writing by the parties. All work under this Agreement will be completed by December 31, 2019. 6. Ownership and Use of Documents All documents, reports, memoranda, diagrams, sketches, plans, surveys, design calculations, working drawings and any other materials created or otherwise prepared by the Consultant as part of its performance of this Agreement will be owned by and become the property of the City, and may be used by the City for any purpose beneficial to the City. 7. Records Inspection and Audit All compensation payments will be subject to the adjustments for any amounts found upon audit or otherwise to have been improperly invoiced, and all records and books of accounts pertaining to any work performed under this Agreement will be subject to inspection and audit by the City for a period of up to three (3) years from the final payment for work performed under this Agreement. 8. Continuation of Performance In the event that any dispute or conflict arises between the parties while this Contract is in effect, the Consultant agrees that, notwithstanding such dispute or conflict, the Consultant will continue to make a good faith effort to cooperate and continue work toward successful completion of assigned duties and responsibilities. The City agrees that in the event of a dispute that compensation justly earned shall not be withheld as a means to compel future completion of tasks. Page 2 of 8 9. Administration of Agreement Any written notices required by the terms of this Agreement will be served on or mailed to the following addresses: City of Auburn BERK Consulting, Inc. 25 West Main Street 2200 Sixth Avenue, Suite 1000 Auburn, WA 98001-4998 Seattle, WA 98121 Phone: 253-804-3101 Phone: 206-324-8760 Fax: 253-288-3132 10. Notices All notices or communications permitted or required to be given under this Agreement will be in writing and will be deemed to have been given if delivered in person or deposited in the United States mail, postage prepaid, for mailing by certified mail, return receipt requested, and addressed to the address for the party provided. Either party may change their address by giving notice in writing to the other party. 11. Insurance The Consultant will procure and maintain for the duration of this Agreement, insurance against claims for injuries to persons or damage to property that may arise from or in connection with the performance of the work under this Agreement by the Consultant, or the Consultant's agents, representatives, employees, or subcontractors. Consultant's maintenance of insurance as required by the Agreement does not limit the liability of the Consultant to the coverage provided by such insurance, or otherwise limit the City's recourse to any remedy available at law or in equity. The Consultant will obtain insurance of the types described below: a. Automobile Liability insurance, covering all owned, non-owned, hired and leased vehicles. Coverage shall be written on Insurance Services Office (ISO) form CA 00 01 or a substitute form providing equivalent liability coverage. Consultant shall maintain automobile insurance with minimum combined single limit for bodily injury and property damage of$1,000,000 per accident. b. Commercial General Liability insurance shall be written on ISO occurrence form CG 00 01 and shall cover liability arising from premises, operations, independent contractors, products-completed operations, stop gap liability, personal injury and advertising injury, and liability assumed under an insured contract. The Commercial General Liability insurance shall be endorsed to provide a per project aggregate limit using ISO form CG 25 03 05 09 or equivalent endorsement. There shall be no exclusion for liability arising from explosion, collapse or underground property damage. The City shall be named as an insured under the Consultant's Commercial General Liability insurance policy with respect to the work performed for the City using ISO Additional Page 3 of 8 Insured endorsement CG 20 10 10 01 and Additional Insured-Completed Operations endorsement CG 20 37 10 01 or substitute endorsements providing equivalent coverage. Commercial General Liability insurance shall be written with limits no less than $1,000,000 each occurrence, $2,000,000 general aggregate, and a $2,000,000 products-completed operations aggregate limit. c. Worker's Compensation coverage as required by the Industrial Insurance laws of the State of Washington. The insurance policies are to contain, or be endorsed to contain, the following provisions for Automobile Liability and Commercial General Liability insurance: a. The Consultant's insurance coverage will be primary insurance as respects the City. Any insurance, self-insurance, or insurance pool coverage maintained by the City will be excess of the Consultant's insurance and will not contribute with it. b. The Consultant's insurance shall be endorsed to state that coverage shall not be cancelled by either party, except after 30 days prior written notice by certified mail, return receipt requested, has been given to the City. Insurance is to be placed with an authorized insurer in Washington State. The insurer must have a current A.M. Best rating of not less than A:VII. Consultant will furnish the City with certificates of insurance and a copy of the amendatory endorsements, including but not necessarily limited to the additional insured endorsement, evidencing the insurance requirements of the Consultant before commencement of the work. The City reserves the right to require that complete, certified copies of all required insurance policies be submitted to the City at any time. The City will pay no progress payments under Section 7 until the Consultant has fully complied with this section. If the Consultant maintains higher insurance limits than the minimums shown above, the City will be insured for the full available limits of Commercial General and Excess or Umbrella liability maintained by the Consultant, irrespective of whether such limits maintained by the Consultant are greater than those required by this contract or whether any certificate of insurance furnished to the City evidences limits of liability lower than those maintained by the Consultant. Failure on the part of the Consultant to maintain the insurance as required will constitute a material breach of contract, upon which the City may, after giving five business days' notice to the Consultant to correct the breach, immediately terminate the contract or, at its discretion, procure or renew such insurance and pay any and all premiums in connection therewith, with any sums so expended to be repaid to the City on demand, or at the sole discretion of the City, offset against funds due the Consultant from the City. Page 4 of 8 12. Indemnification/Hold Harmless The Consultant shall defend, indemnify and hold the City, its officers, officials, employees, and volunteers harmless from any and all claims, injuries, damages, losses, or suits including attorney fees, arising out of or in connection with the performance of this Agreement, except for injuries and damages caused by the sole negligence of the City. If a court of competent jurisdiction determines that this Agreement is subject to RCW 4.24.115, then, in the event of liability for damages arising out of bodily injury to persons or damages to property caused by or resulting from the concurrent negligence of the Consultant and the City, its officers, officials, employees, and volunteers, the Consultant's liability will be only to the extent of the Consultant's negligence. It is further specifically and expressly understood that the indemnification provided herein constitutes the Consultant's waiver of immunity under Industrial Insurance, Title 51 RCW, solely for the purposes of this indemnification. This waiver has been mutually negotiated by the parties. The provisions of this section will survive the expiration or termination of this Agreement. 13. Assignment Neither party to this Agreement will assign any right or obligation hereunder in whole or in part, without the prior written consent of the other party. No assignment or transfer of any interest under this Agreement will be deemed to release the assignor from any liability or obligation under this Agreement, or to cause any liability or obligation to be reduced to a secondary liability or obligation. 14. Nondiscrimination The Consultant may not discriminate regarding any services or activities to which this Agreement may apply directly or through contractual, hiring, or other arrangements on the grounds of race, color, creed, religion, national origin, sex, age, or where there is the presence of any sensory, mental or physical handicap. 15. Amendment, Modification or Waiver No amendment, modification or waiver of any condition, provision or term of this Agreement will be valid or of any effect unless made in writing, signed by the party or parties to be bound, or such party's or parties' duly authorized representative(s) and specifying with particularity the nature and extent of such amendment, modification or waiver. Any waiver by any party of any default of the other party will not affect or impair any right arising from any subsequent default. Nothing in this section will limit the remedies or rights of the parties hereto under and pursuant to this Agreement. 16. Termination for Cause. If the City determines that the Consultant failed to comply with the conditions of the Agreement, the City has the right to suspend or terminate the Agreement by giving the Consultant a written notice of corrective action required. If the Consultant does not remedy all conditions in the corrective notice within thirty (30) days of the date Page 5 of 8 of notice, the City may terminate or suspend the contract or require specific performance including completion of the Agreement. 17. Termination for Convenience Either Party may terminate this Agreement by providing the other party with written notice of such termination, specifying the effective date with at least thirty (30) days' notice. 18. Parties in Interest This Agreement will be binding upon, and the benefits and obligations will inure to and bind, the parties and their respective successors and assigns, provided that this section will not be deemed to permit any transfer or assignment otherwise prohibited by this Agreement. This Agreement is for the exclusive benefit of the parties and it does not create a contractual relationship with or exist for the benefit of any third party, including contractors, sub-contractors and their sureties. 19. Costs to Prevailing Party In the event of litigation or other legal action to enforce any rights, responsibilities or obligations under this Agreement, the prevailing party will be entitled to receive its reasonable costs and attorney's fees. 20. Applicable Law This Agreement and the rights of the parties will be governed by and interpreted in accordance with the laws of the State of Washington and venue for any action will be in of the county in Washington State in which the property or project is located, and if not site specific, then in King County, Washington; Any applicable statute of limitation will commence no later than the substantial completion by the Consultant of the services. 21. Captions,Headings and Titles All captions, headings or titles in the paragraphs or sections of this Agreement are inserted for convenience of reference only and do not constitute a part of this Agreement or act as a limitation of the scope of the particular paragraph or sections to which they apply. The singular includes the plural and vice versa and masculine, feminine and neuter expressions will be interchangeable. Interpretation or construction of this Agreement will not be affected by any determination as to who is the drafter of this Agreement, this Agreement having been drafted by mutual agreement of the parties. 22. Severable Provisions Each provision of this Agreement is intended to be severable. If any provision is illegal or invalid for any reason whatsoever, that illegality or invalidity will not affect the validity of the remainder of this Agreement. 23. Entire Agreement This Agreement contains the entire understanding of the parties hereto in respect to the transactions contemplated in the Agreement and supersedes all prior Page 6 of 8 agreements and understandings between the parties with respect to the subject matter. 24. Counterparts This Agreement may be executed in multiple counterparts, each of which will be one and the same Agreement and will become effective when one or more counterparts have been signed by each of the parties and delivered to the other party. IN WITNESS WHEREOF, the parties have caused this Agreement to be executed effective the day and year first set forth above. CITY OF AUBURN BERK Consulting, Inc. ancy Ba ayor Signa Name: Allegra Calder Title: Principal Federal Tax ID No: 91-1467862 Appro °/1t4o form: 4 • Steve Gross, City Attorney Page 7 of 8 Exhibit A Scope of Services Identified in the attached proposal. Page 8 of 8 City of Auburn FISCAL SUSTAINABILITY ANALYSIS PROPOSAL ''',',',#,'''', f! s� s +,, �,' ra �a�1,:- ' ag 1 tx ,, j ! .. s 1"-W"-i;--1—'i; ^—'" ' -_.. 1 BERK :iii JUNE 11,2019 STRATEGY to ANALYSIS I COMMUNICATIONS .•- • ,r .�me. Phone:(206)324-8760 'III BERI( 2200 Sixth Avenue,Suite 1000 Seattle,WA 98121 www.berkconsulting.com June 11, 2019 Attn:Shelley Coleman, Finance Director City of Auburn SENT VIA EMAIL RE: City of Auburn Fiscal Sustainability Analysis I REVISED PROPOSAL Dear Shelley and the Consultant Selection Panel: Thank you for the opportunity to provide a proposal to support the City of Auburn with a Fiscal Sustainability Analysis. Based on our conversation, we have developed this preliminary scope and budget outlining our approach to this work. We have refined our proposal based on your initial feedback of our proposed scope of work.We have also included relevant staff and some recent project qualifications to highlight our experience with this type of analysis. BERK has enjoyed good working relationships with City of Auburn staff on a variety of past projects,including the recent SCORE studies and support for the Comprehensive Plan Update. We understand that City staff has a good understanding of the current financial situation and has already taken measures to limit expenditures. We view our role as supporting staff in confirming and communicating the fiscal situation and analyzing options appropriate to the magnitude of the challenge. We look forward to discussing this proposal with you in more detail. In the interim,more information about our firm, approach,team,and client satisfaction can be found on our website: www.berkconsultind,com. Sincerely, Alle,Itt der, Principal Emily Walton Percival, Project Manager BERK Consulting, Inc. BERK Consulting, Inc. a i"fr- "' 77.77 77 ,,t fipttATt4it.AftNiis ii.cormiutionotis• " ih 7� t � x1" y G ar: CITY OF AUBURN ' FISCAL SUSIAINABILIT:Y ANALYSIS PROJECT UNDERSTANDING The City of Auburn has shared in the benefits of the recent growth in the Puget Sound region, including rising employment,property values,and population—Auburn had the highest population growth rate(tied with Redmond) at 3.1%in 2017'. Currently,the U.S.Census Bureau estimates that 81,905 people reside in Auburn, a 16.7% growth in population from 2010. Despite this growth,the City of Auburn is facing an uncertain financial future as the City's expenses are beginning to out pace revenues. The structural factors underlying this future are shared among cities in the Puget Sound region: resident demand for high-quality city services, rising labor costs, and tax-limiting measures that constrain a city's flexibility in generating revenues. For Auburn,this scenario is playing out with some major release valves already exhausted:Auburn has used up its banked capacity and cannot generate property tax revenue above its annual statutory maximum increase; and Auburn's staffing level is already sized for efficient operations,having never regained pre-recession employment levels even as the City's service population has swelled. The City of Auburn recognizes its financial trajectory and in the 2019-2020 biennial budget identified strategies to postpone reaching a financial tipping point, including avoiding adding permanent staff positions, reconsidering replacing staff, limiting new programs,and leveraging City technology and tools for enhanced productivity.There is a natural limit to the"do more with less" strategy: Auburn expects a challenge in balancing the City's 2021- 2022 biennial budget and then, without structural, long-term adjustments,a budget cycle wherein the City's available revenues cannot support its expenses.Carried forward,this unsustainable operating paradigm could exhaust the City's reserves and in the worst case, lead to bankruptcy. The City is looking for a fiscal sustainability study to identify revenue enhancement measures that are sized to meaningfully impact the City's financial future and surface opportunities to change the services it governs, mode of service delivery, and level of service to reduce the overall cost of services. lvttir j lw;-v.satellotts rmn'senttle-news/c!oto/I7 4000•n o.c l,rolsle vco.t7.to _ a r!a_c.J.3co t.S y.n. y La;c,y Y;of of,o to 1-states,% :1111 PROPOSAL JUNE 11, 2019 Page 5 df 15 CITY OF AUBURN €ISCAL SUSTAINABILITY ANALYSIS PROJECT APPROACH TASK 1 : PROJECT KICK-OFF AND ONGOING PROJECT MANAGEMENT BERK staff will participate in a project kick-off with the City of Auburn's core project team. During this meeting,we will discuss desired outcomes from the effort along with the relevant context of this project, including any key political, legal,and administrative issues we should be aware of.We will also review a detailed project schedule and discuss how we will communicate and collaborate effectively through completion of the final deliverables and presentation to Council.To achieve this,we propose five project team virtual meetings over the course of the study as opportunities for BERK to share analysis,findings,and interim products and garner project team feedback,questions,and direction. The kick-off meeting can be an opportunity for scheduling these virtual meetings. We will also use the kick-off meeting to discuss some key analytic questions for each task, including: • Does the City have a financial forecast that we should use for modeling or should we develop our own model? • What is the desired level of detail for budget scenarios? What is the best way to engage with staff in developing strategies and scenarios? • Does the City want to benchmark against comparison cities? If so,what are the criteria for selection? • Are there any options the City already knows it wants to focus on? Deliverables • Agenda for and attendance at in-person kick-off meeting at the City of Auburn. :1111 PROPOSAL • JUNE H, 2019 Page 6 df 15 CITY OF AUBURN • FISCAL SUSTAINABILITY ANALYSIS TASK 2: DEVELOP FISCAL MODEL BERK will build a fiscal model leveraging the City's current six-year financial forecast and using historical financial,staffing, and operational data from the City.When considering assumptions with which to project the City's financial condition, BERK will review and test the City's internal assumptions used in the six-year financial forecast.As part of this task we will: ■ Compare forecasts under several projection methodologies:City assumptions,average per capita growth,and changes in per capita revenue growth and expenditures. • Collaborate with the project team to identify current or expected departmental trends in staffing,operations,service delivery,and costs. • Develop the fiscal model to respond to a range of possible assumptions or trends, including: — Growth of revenues and expenditures. — Population growth and rate of change. — Recessionary periods and accompanying declines in revenues. The fiscal model will project the City's financial condition to the 10-year timeframe under any permutation of inputs. During the project team's first virtual meeting, BERK will present a selection of fiscal scenarios and material on the structural factors affecting the financial health of Washington cities,with analysis on the strengths and vulnerabilities of financial tools available to cities, including the financial tools used by the City of Auburn. BERK will select fiscal scenarios that underscore the impact of these structural factors on financial health, ability to continue to provide current service levels and meet future demand for service,and stability during an economic downturn. Deliverables • Project Team Virtual Meeting 1,including slide deck materials sent in advance with a summary of the fiscal model,illustrative fiscal scenarios, and analysis of major financial factors. :111 PROPOSAL • JUNE 11, 2019 Page 7 cfr 15 CITY OF AUBURN FISCAL SUS1AINABiLITY ANAI S TASK 3 : BENCHMARK KEY REVENUE SOURCES AND LEVELS In collaboration with the project team,we will select up to 10 comparison cities against which to measure Auburn's relative level and mix of revenue generation.This benchmarking analysis will be iterative based on findings from Task 2 and project team guidance,with a focus on benchmarking revenue mechanisms,such as levy lid lifts and business and occupation tax (B&O),that are available to the City. BERK will use benchmarked revenue options to determine the viability of options given Auburn's context, revenue mix, and existing taxing levels.The below metrics are a starting point to assess Auburn's current and potential Alternatively,BERK revenue generation strategies: could interview comparison cities • General fund revenues generated per capita with breakouts for major revenue sources for information including property tax,sales and use taxes, business and occupation taxes if applicable, on the impetus for and utility taxes. voted measures, the implementation • Mix and share of general fund revenues by source, including: process,and lessons — Property and sales tax reliance. learned.Priorities for this task will be — Magnitude,timing,and success levels of voted measures. discussed at the kick- off meeting. This benchmarking will support analysis in future tasks (including assessing revenue enhancement strategies in Task 4) and identify which revenue options the City may be under- utilizing. For example,comparing B&O taxes and levels among comparison cities may show that the City has room to enact a B&O tax while remaining an attractive business location in the region.Conversely, it may reveal that the regional cities with whom Auburn competes for business have not enacted a B&O tax, and doing so in Auburn may reduce the city's regional competitiveness. Benchmarking also captures,at a high level,how other cities manage the financial structural constraints they share with Auburn, including the tradeoffs they make. For example,cities may rely on regular levy lid lifts to support property tax revenues in the general fund and minimize other voted measures to avoid resident fatigue. Deliverables • Project Team Virtual Meeting 2, including slide deck sent in advance with benchmarking results and findings, including how the benchmarking results will guide next steps. 111 PROPOSAL JUNE 11, 2019 Page 8 oaf 15 CITY OF AUBURN • FISCAL SUSTAINABILITY ANALYSIS TASK 4: EVALUATE STRATEGIES FOR REVENUE ENHANCEMENT AND COST CONTAINMENT The objective of this task is to identify strategies to increase revenues and/or reduce costs, quantify their fiscal impacts, and evaluate each for equity (who pays and who benefits), magnitude (size and timeframe of fiscal impact),and sustainability (administrative feasibility and community support). BERK will research and quantify service delivery alternatives and bring forward any under- utilized revenue tools identified in Task 3. For voted revenue enhancement strategies, BERK will use previous benchmarking and analysis to show success levels for voted options in comparison cities and estimate feasibility and community support in the Auburn context. When identifying strategies for cost containment, BERK will distinguish between the City's discretionary and non-discretionary expenditures to identify where there may be elasticity for change. For example,the City's labor costs are not currently identified as discretionary —approved departmental FTE positions are filled in order to provide the level of service Auburn has promised its residents. However,there may be opportunities to realign programs and service delivery.To surface these opportunities,we will conduct interviews. We will plan to speak with departmental staff,Council members,and any other stakeholders suggested by the project team to hear their perspectives on existing options and to suggest their own. This task will provide an opportunity to summarize the current financial situation and cost containment measures already in place during our meetings with Council members to ensure a common understanding and provide an opportunity to ask questions ahead of the final project presentation. Deliverables ■ Interview guide. ■ Project Team Virtual Meeting 3, including slide deck of strategies,fiscal impact,and evaluation. :111 PROPOSAL • JUNE 11, 2019 Page 9 df 15 CITY OF AUBURN • FISCAL SUSTAINABILITY ANALYSIS TASK 5 : PROVIDE BUDGET SCENARIOS ADDRESSING FISCAL GAP This task will leverage findings from earlier tasks, especially strategies reviewed and vetted by the project team,for a set of three budget scenarios to be included in the fiscal model. We will facilitate an in-person workshop to identify the mix of strategies the project team would like to include in each budget scenario. As with the evaluation of the individual strategies,we will work with the project team to select mixes that balance equity, magnitude, and sustainability. With budget scenarios developed,we will program the fiscal model to project the City's general fund balance and identify strengths and weaknesses of each scenario. Deliverables • In-person workshop facilitation,including activities and materials. TASK 6: SUMMARY MEMO AND COUNCIL PRESENTATION Our analysis,findings,and recommendations will be synthesized and organized into a concise and readable memo oriented towards City staff and elected officials.All findings, conclusions,and any recommendations will be fully supported by the work conducted in tasks 1 through 5.We will submit a draft memo to City staff for one round of review with consolidated comments and a phone call to discuss any changes if needed. The final report will incorporate City staff feedback and will form the basis for a PowerPoint Presentation to be delivered to the City Council. Deliverables • Draft and final summary memo. ■ PowerPoint presentation to City Council. :i„ PROPOSAL • JUNE 11, 2019 Page 106of 15 CITY OF AUBURN • FISCAL SUSTAILaABILITY ANALYSIS COST PROPOSAL The table below outlines our anticipated level of effort by staff person by task.This is based on our revised scope of work. Allegro Calder Emily Walton Percival Sherrie Hsu Total Hours and Princip,_ti Project Manager 8 lead Analyst Estimated Cost Analyst by Task 2019 Hourly Rate $250 $135 $135 Task 1:Project Kick-off and Ongoing PM Kickoff 6 6 6 Ongoing Project Management 2 1 Subtotal 8 16 6 30 $4,970 Task 2:Develop fiscal Model Develop Fiscal Model 1 24 20 Review and Test Financial Porecast Assionpticzns 10 10 Selsitiviry Analysis 2 6 6 Revenue and expenditures t?xalysis and Materidt 2 I0 1(l Virtual Meeting 1 2 5 5 Subtotal 10 51 51 112 $16,270 Tusk 3:Benchmark Governmental Funds`Key Revenue Sources and Expenditure Levels Selection ` 5 5 Analysis 2 14 14 Virtual Meeting 2 2 5 5 Subtotal 6 24 24 54 $7,980 Task 4:Evaluate Strategies for Revenue Enhancement and Cost Containment Interviews(12j 2 113 15 Follow-up and;'ar Staff Warkgroup 2 12 12 rSeetir 3 On person} 4 Research and evaluation 2 9 8 Subtotal 10 44 44 98 $14,3$0 Task 5:Provide Budget Scenarios Addressing Fiscal Gap Adapt Fiscal Model 2 15 15' Preliminary Scenario Analysis 2 1 i, l 0 In-petsen Meeting 4 r( 8 Final Scenario Analysis 2 23 20 Subtotal 10 53 53 116 $16,810 Task 6:Summary Memo and Council Presentation Draft Meme 6 6 Final Memo and PP t 2 10 10 Presentation to Counz l 44 Subtotal 6 20 16 42 $6,360 Total Estimated Hours 50 20$ 194 452 Cost iHaurs$Rat-i $12,300 $2$,0$0 $26,190 $66,770 Subtotal Consultant Cost $66,770 Project Expenses @-1%of project budget $730 Estimated Project Total $67,500 ���� PROPOSAL • JUNE H, 2019 Page 117of 15