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Meeting Date:
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Category:
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Type:
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Subject:
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3. Action on Request to Waive Administrative Policy 3.09(9)(e) and Extend a Contract with Gabriel, Roeder, Smith & Company for Pension and OPEB Consulting Services |
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Strategic Plan Compatibility Statement:
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Goal 3 Effective and Efficient Operations
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Attachments:
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Action on Request to Waive Administrative Policy 3.09(9)(e) and Extend a Contract for Pension and OPEB Consulting Services: Proposed Extension and Supporting Documents |
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File Attachment:
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Background:
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The Administration is requesting authorization to waive the three-year-term limit of Administrative Policy 3.09(9)(e) and extend the contract with Gabriel, Roeder, Smith & Company for pension and other post-employment benefit (OPEB) consulting services. The original contract, which resulted from RFPs 718 and 719, was authorized by the Board for a term of July 1, 2011, through June 30, 2016. An extension from July 1, 2016, through February 28, 2017, subsequently was authorized by the Board.
This contractor, which provides consulting services relating to the District’s pension plans and OPEB liability, has been instrumental in assisting in developing the Administration’s response to the Board’s request for information on early retirement options. Continuing services are needed from this contractor in aid of the implementation of an early retirement plan.
This contract extension will run from March 1, 2017, through February 28, 2019. The total cost of the contract in this extension term will not exceed $200,000. |
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Fiscal Impact Statement:
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This item authorizes expenditures as indicated in the attachments to this item.
OBA-0-0-EMB-DW-ECTS = $200,000
HUB PARTICIPATION
Required ……………………………………………8%
Proposed ……………………………………………8%
$ Value ……………………………………………TBD
STUDENT ENGAGEMENT
Paid Student Employment Hour Commitment: 0 HOURS/12-mo contract
Student Career Awareness Commitment: 0 HOURS/12-mo contract |
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Implementation and Assessment Plan: |
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Upon approval by the Board, the extension will begin as indicated in the attachments to this item. |
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Recommendation
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The Administration recommends that the Board authorize the waiver of Administrative Policy 3.09(9)(e) and approve the extension of the contract with Gabriel, Roeder, Smith & Company for pension and OPEB consulting services, as set forth in the attachment to this item. |
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Approvals:
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Recommended By: |
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Signed By: |
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Kari H. Race - Procurement Supervisor II |
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Signed By: |
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Gerald Pace - CFO |
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Signed By: |
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Regina Flores - Contract Compliance Supervisor II |
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Signed By: |
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Dr. Darienne Driver - Superintendent |
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