Item 19 - Agreement for Indirect Cost Allocation Plan and Internal Service Fund Cost Allocation Methodology

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Indirect Cost Allocation Plan and Internal Service Fund Cost Allocation Methodology Services August 20, 2024 Page 2 Eight firms submitted proposals in response to the Request for Proposal (RFP) No. 24- 059: Revenue & Cost Specialists, LLC, Willdan Financial Services, ClearSource Financial Consulting, Government Consulting Partners, Inc., Maximus US Services, Inc., MGT of America Consulting, LLC, Cherry Bekaert Advisory LLC, and Matrix Consulting Group, Ltd. The selection committee with experience in the related services evaluated proposals. Based on the Committee's evaluation and review of references, Cherry Bekaert Advisory LLC was selected as the most qualified firm for Indirect Cost Allocation Plan and Internal Service Fund Cost Allocation Methodology Services. They demonstrated extensive experience in this field with governments of similar size. In addition, the firm demonstrated the ability to work with staff to understand the City's operations and maximize recovery of indirect costs. Cherry Bekaert Advisory LLC will provide the following services: Indirect Costs (General Fund Overhead Support): • City Attorney • Office of the City Manager • Human Resources • City Clerk • Finance (Purchasing, Management & Support, Payroll, and Treasury) • Fixed Assets Internal Service Funds: • Building Maintenance • Equipment Maintenance and Replacement • Self -Insurance ( Worker's Compensation, General Liability, and Employees Benefit) • Information & Communication Services • City Yard Operations (Corporate Yard and Fleet maintenance facility) • Public Works Agency's Engineering and Administrative Services ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. FISCAL IMPACT Funding is available in the current FY 2024-25 budget, and funding for the subsequent fiscal year will be included in the proposed budget for City Council consideration.