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HomeMy WebLinkAboutReso 2011-1807 - RESOLUTION NO. 2011- J cr\nr A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, APPROVING AN AGREEMENT WITH PUBLIC RESOURCES MANAGEMENT GROUP, INC. FOR FINANCIAL CONSUL TING SERVICES TO REVIEW THE ALLOCATION OF THE FRANCHISE FEE REVENUES PAID BY FLORIDA POWER AND LIGHT COMP ANY TO MIAMI-DADE COUNTY, IN AN AMOUNT NOT TO EXCEED EIGHTEEN THOUSAND NINE HUNDRED DOLLARS ($18,900.00), ATTACHED HERETO AS EXHIBIT "A"; AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT; AUTHORIZING THE CITY MANAGER TO DO ALL OTHER THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Sunny Isles Beach has an Interlocal Agreement with Miami- Dade County where the Florida Power and Light (FP&L) franchise fees are collected by the County and distributed to the City in August for the preceding calendar year earnings based on a calculation contained within the Agreement; and WHEREAS, City staff is recommending that the nine (9) cities with similar Interlocal Agreements collaborate, with the City of Sunny Isles Beach being the point of contact, and have a joint review performed on the accuracy of the calculation and the distribution of FP&L franchise fees; and WHEREAS, Public Resources Management Group, Inc. (PRMG) specializes in the audit of franchise fees, and the City desires to enter into an agreement with PRMG, attached hereto as Exhibit "A", for Financial Advisory Services on an hourly basis, setting a cap at Eighteen Thousand Nine Dollars ($18,900.00) to review the allocation of the FP&L franchise fee revenues paid to Miami-Dade County which is subsequently allocated, in part, to the participating cities. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Approval of Agreement. The Agreement with Public Resources Management Group, Inc. for Financial Advisory Services, in an amount not to exceed Eighteen Thousand Nine Hundred Dollars ($18,900.00) to review the allocation of the FP&L franchise fee revenues paid to Miami-Dade County which is subsequently allocated, in part, to the participating cities, attached hereto as Exhibit "A", be, and the same, is hereby approved. Section 2. Authorization of Mavor. The Mayor is hereby authorized to execute said Agreement. Section 3. Authorization of City Manager. The City Manager is hereby authorized to do all things necessary to effectuate this Resolution. R2011- Agmt w/PRMG for Financial Advisory Services Section 4. - Effective Date. This Resolution will become effective upon adoption. PASSED AND ADOPTED this 17'h day of November 20 II. ATTEST: ~AL ane A. Hmes, CMC, CIty Clerk APPROVED AS TO FORM AND LE SU ENCY Vote: 1.\ -0- \ Mayor Edelcup Vice Mayor Thaler - ~s.a...:t- Commissioner Aelion Commissioner Gatto Commissioner Scholl R20ll- Agmt w/PRMG for Financial Advisory Services v (Yes) _(Yes) V (Yes) V (Yes) V(Y es) Moved by: ~1MNy\;~ ~'ZL\'OAJ Seconded by: Cn~ <;<'~oLL _(No) (No) _(No) (No) (No) 2 (9 Public Resources Management Group, Inc. Utility, Rate, Financial and Management Consultants October 18, 2011 Ms. MinaI Shah Assistant City Manager City of Sunny Isles Beach 18070 Collins Avenue, 4th FloorlFinance Sunny Isles Beach, FL 33160 Subject: Agreement to Provide Financial Consulting Services Dear Ms. Shah: Public Resources Management Group, Inc. ("PRMG") is pleased to submit this letter agreement to provide financial consulting services (the "Agreement") to City of Sunny Isles Beach (the "City") on behalf of certain participating Cities (collectively, the "Participating Cities"). The City will be the point of contact and will administer this Agreement on behalf of the Participating Cities and this Agreement recognizes i) that any and all approvals made by the City has been recognized as being approved by the Participating Cities; and ii) the City is acting in good faith relative to such approvals and authorized to enter into this Agreement. Based on our discussions, the primary responsibilities of PRMG will be to review the allocation of the franchise fee revenues paid by Florida Power and Light Company ("FP&L") to Miami-Dade County (the "County") which is subsequently allocated, in part, to the Participating Cities (the "Project"). Based on our understanding of the Participating Cities' needs, PRMG proposes the following: PROJECT TEAM AND BILLING RATES During the course of the engagement, Mr. Robert 1. Ori will be the principal-in-charge and project manager and will be the primary contact between the City, as administrator of the Project, and PRMG. Additional personnel may be required during the performance of the Project as may be considered necessary by PRMG. Included on Attachment A, which is made a part of this Agreement, is a summary of the Direct Hourly Rates by employee title which will be used to bill for the consulting services rendered on behalf of the Participating Cities. SCOPE OF SERVICES The scope of services to be performed by PRMG associated with providing assistance to the Participating Cities in the review of the allocation of the annual FP&L Franchise Fee revenues to the Participating Cities by the County is summarized on Attachment B which is made a part of this Agreement. COMPENSATION AND BILLING Based on the direct hourly labor billing rates as identified herein in Attachment A and the Scope of Services as summarized herein in Attachment B, we propose a not-to-exceed contract budget of $ I 8,900 for the Project. Attachment C provides a summary of the derivation of the Project G:\DCIPend'g Agmts\Sunny Isles Bch Ltr Agmt 341 NORTH MAITLAND A VENUE - SUITE 300 - MAITLAND, FL 32751 Tel: 407-628-2600 · Fax: 407-628-2610 · Email: PRMG@PRMGinc,com · Website: www.PRMGinc.com 1'"', . . 'l, '" ~ '.' ; Ms. Minai Shah City of Sunny Isles Beach October 18, 20 II Page 2 cost estimate. This budget amount includes the direct cost of personnel anticipated to be assigned to the Project as well as any indirect costs such as telephone, travel, printing and shipping charges. The costs incurred by PRMG for such indirect costs, if any, will be billed to the City, as administrator of the Project, at the standard cost rates or based on actual costs based on the billing provision as set forth in Attachment A. No additional services above the cost estimate will be performed without the prior written authorization by the City on behalf of the Participating Cities. The Project labor cost will be billed monthly based upon the actual hours of service furnished toward the completion of the project. Indirect expenses will be billed as they are incurred. It is proposed that PRMG will bill monthly for services relative to this Agreement based on the sum of i) the hourly amount of time spent by the PRMG team members; ii) the other direct costs incurred to perform the required services; and iii) the pass-through of any subconsulting costs that may be required to perform the Project. PRMG does not anticipate the need for subconsultant services to complete the scope of services as summarized on Attachment B. To the extent that PRMG determines a need for subconsulting services, PRMG will notify the City of such need and will not employ or use any subconsultant without the approval of the City on behalf of the Participating Cities. No additional services above the proposed Project budget will be performed without the prior written authorization by both the City, on behalf of the Participating Cities, and PRMG. We propose that PRMG be allowed to adjust the direct labor hourly rates shown on Attachment A by a not-to-exceed amount equal to the net percentage change in the Consumer Price Index - Urban Consumers (the "CPI Index") beginning twelve months from the anniversary date of any consulting agreement approved by the City and PRMG. Any change in the hourly rates would need to be submitted by PRMG to the City for approval prior to the use of such fees for billing purposes with such approval not being unreasonably withheld by the City. For all work previously authorized by the City pursuant to an agreement between the City and PRMG based on the terms of this Agreement whereby PRMG is providing financial consulting services and for which compensation to PRMG is based on the hourly rate schedule as shown on Attachment A, the total compensation as agreed between PRMG and the City for the specific engagement or project would remain unchanged regardless of the adjustment in the direct labor hourly rates, unless mutually agreed by the parties. The direct labor hourly rates to be applied by PRMG as adjusted for the CPI Index would begin in the next billing month for services rendered by PRMG following approval by the City. To the extent that the financial consulting services as summarized on Attachment B for the Project, including any additional services as requested by the City, are performed by PRMG, the total cost of such services, including the additional services, does not exceed the contract budget or cost for the Project as delineated in this Agreement, no additional services will be billed to the City. Additionally, if the consulting services provided by PRMG for the Project, including any additional services, are completed and the contract budget or cost has not been fully expended by G:\DCIPend'g Agmts\Sunny Isles Bch Ltr Agmt ,(\ i . ""\ ' V : - Ms. Minai Shah City of Sunny Isles Beach October 18, 2011 Page 3 the City, PRMG will not bill the City for the remainder of the contract budget for the utility consulting services as provided (contract is not on a lump-sum payment basis). DELIVERY SCHEDULE Upon notification to proceed being provided by the City, PRMG will complete the data compilation and fieldwork activities associated with the services identified in this Agreement within 60 days and, after review with the Participating Cities, a report documenting our findings, observations, and conclusions within 15 days following such review. PRMG's ability to meet the schedule will depend upon the availability of information being made available by the Participating Cities and the County which will be necessary to complete the Project. TERMS AND CONDITIONS Included on Attachment D which is made a part of this Agreement are the Standard Terms and Conditions which provides certain contractual requirements between the City, on behalf of the Participating Cities, and PRMG which is in addition to such terms and conditions as specifically discussed herein. We appreciate the opportunity to submit this Agreement to assist the Participating Cities with its evaluation of apportionment of the Franchise Fee revenues by the County to such Cities. We have provided two (2) copies of this Agreement. If this Agreement is acceptable to the Participating Cities, please acknowledge the City's acceptance as provided below, and return one (1) original to our office; the other original is for the City's files and use. Again, PRMG appreciates this opportunity to work with both the Participating Cities and you on this project in the near future. Very truly yours, Public Resources Management Group, Inc. AGREEMENT ACCEPTED BY: City of Sunny Isles Beach, Florida ?~.c -1 <0-,--' ~/~~- N7 : NO~"'''''- S. a:u.e.ttp Robert J. Ori, President mAYoR. Title Il-II-1 \ Date RJO/dlc Attachments G:\DCIPend'g Agmts\Sunny Isles Bch Ltr Agmt , CITY AITORNEY r, ~) ~, ~~( . A TT ACHMENT A PUBLIC RESOURCES MANAGEMENT GROUP, INC. SUMMARY OF DIRECT LABOR RATES AND STANDARD COST RATES DIRECT HOURLY RATES Project Team Title Direct Labor Hourly Rates [*] $170.00 $125.00 $115.00 $110.00 $105.00 $ 95.00 $ 85.00 $ 75.00 $ 65.00 $ 55.00 $ 45.00 $ 48.00 Principal Associate Managing Consultant Supervising Consultant Senior Consultant Rate Consultant Consultant Senior Rate Analyst Rate Analyst Analyst Assistant Analyst Administrative [*] Direct labor hourly rates effective twelve months after the date of execution of the Agreement; rates will be adjusted by not more than the net percentage change (but not less than 0%) in the Consumer Price Index - Urban Consumers per annum (rounded to the nearest dollar) or as mutually agreed between parties for invoices rendered after each anniversary date of each year thereafter until project completion or termination of the Agreement between the parties. STANDARD COST RATES Expense Description Mileage Allowance - Personal Car Use Only Reproduction (black and white) (in house) Reproduction (color) (in house) Reproduction (contracted) Computer Time Telephone Charges Delivery Charges Lodging/Other Travel Costs Meals Standard Rates [*] $0.485 per mile $0.05 per page $0.25 per page Actual Cost $0.00 per hour Actual Cost Actual Cost Actual Cost Not to exceed per PRMG Employee: $8.00 - Breakfast $12.00 - Lunch $25.00 - Dinner Actual Cost plus 5.0% Actual Cost Subconsultant Services Other Costs for Services Rendered [*] Standard cost rates effective twelve months after the date of execution of the Agreement; where applicable, rates will be adjusted by not more than the net percentage change (but not less than 0%) in the Consumer Price Index - Urban Consumers per annum (rounded to the nearest dollar) or as mutually agreed between parties for invoices rendered after each anniversary date of each year thereafter until project completion or tennination of the Agreement between the parties. Any Standard Rate adopted by policy by Client will supersede rates shown above. G:\DCIPend'g AgmtslSunny Isles Bch Ltr Agmt A-I (' 'tJ" ATTACHMENT B CITY OF SUNNY ISLES BEACH, FLORIDA SCOPE OF SERVICE TO PERFORM EVALUATION OF THE ALLOCATION OF FRANCHISE FEE REVENUES TO THE PARTICIPATING CITIES The scope of services to be performed by Public Resources Management Group, Inc. ("PRMG") associated with the review and allocation of the franchise fee revenues by the Miami-Dade County (the "County") to the Participating Cities is summarized herein. It is anticipated that the services to be provided by PRMG will include the following tasks or services: Task 1 - Client Review Meeting. PRMG prepare for and will attend a meeting on-site with the Participating Cities to kick-off the review process, identify issues, discuss contractual terms, review the franchise fee allocation process actually performed by the County for the past three fiscal years ended September 30, 20 I 0 (the "analytical period") with the fiscal year 2008 being considered as the "Base Year", the franchise fee determination methodology and procedures as agreed between the County and the City (including certain other municipalities that receive franchise fees from FP&L per an allocation process as determined by the County) and identify information to be compiled by both the County and the Participating Cities. This on-site working group meeting, which will be coordinated by the City, will also include i) the identification or review of agreements and documents in support of the cost allocation process and ii) identification of any issues and information needs in order to establish the framework for the fieldwork/analytical activities necessary to evaluate the franchise fee allocation process. Task 2 - Data collection and review. PRMG will request information to be compiled by the Participating Cities as coordinated by the City or assembled by the County as it relates to determination of and the receipt of franchise fee revenues on behalf of the Participating Cities. Information will include, but not be limited to, Franchise Agreements and Interlocal agreements between the various parties, financial compilations and reconciliation statements associated with franchise fee determination, documents and information provided by FP&L, the County, and others relative to the franchise fee determination/allocation process, analyses prepared by others, and other related information. PRMG will review the compiled information that is sent to our offices to obtain an understanding of the franchise fee determination and allocation process and the contractual provisions associated with its determination and to identify compliance with County-agreed calculation procedures or any changes in fee determination during the analytical period; additional review activities will be conducted during the Task 3 activities (on-site work effort). Task 3 - Franchise Fee Allocation Process Review. After the review of available information and the attendance of the management meeting, PRMG will perform the necessary fieldwork, analytical, and compliance analyses to review and test the reasonableness of the franchise fee allocation process and to determine if such process is in accordance with the tenns and conditions of all contractual documents and County-agreed calculation procedures. The evaluation will be based on our understanding of the Franchise Agreement and Interlocal G:\DCIPend'g AgmtslSunny Isles Bch Ltr Agml B-1 "" ~) '~ Agreements between the County and the Participating Cities, information prepared by the County associated with the allocation process (prior fee remittance calculations), and the results of the Participating Cities' client meeting. The evaluation will include a review of the eligible FP&L electric sales in the unincorporated area, credits for taxes paid, credits associated with separate agreements with FP&L by the County UMSA, and other calculation/cost allocation parameters. PRMG will evaluate the allocation of the franchise fee revenues for the analytical period and identify any surplus or deficiencies in the franchise fee revenues allocated to the respective Participating Cities by recalculation of the fee allocation process and comparing such results to the fees actually received by such Participating Cities. The analysis assumes PRMG working on-site at the County and City offices for a period of two (2) working days by not more than two representatives of PRMG (assumes data will be reasonably available, especially with regard to the Participating Cities); additional on-site time will be considered as an additional service based on discussions with the City. Task 4 - Presentation to the Participating Cities. Based on the analytical analyses and field work conducted during the Task 3 activities, PRMG will finalize our evaluation of the franchise fee allocation process and meet with the Participating Cities to present the preliminary results and to finalize our findings as to the allocation process. After meeting with the Participating Cities, PRMG will prepare a report documenting our analyses, findings and recommendations for consideration by the Participating Cities. The report will be prepared for Participating Cities management review and use, including for presentation by the respective city management to their respective City Councils. For the purposes of determining this scope of services, PRMG will not be attending any City Council meetings on behalf of the respective Participating Cities to present the findings of the analysis; such attendance will be considered as an additional service. Task 5 - Meetings. During the course of this project, it has been assumed that PRMG will need to attend several meetings by not more than two (2) representatives of PRMG. For the purposes of this scope of services, it has been assumed that the attendance of four (4) meetings will be required as summarized below, including the Client Review Meeting as outlined in the Task 2 activities and the Field Work meetings/activities reflected in the Task 3 activities: Kick offlData Review/Client Review Meeting Field work! Analytical Analyses On-site/Meeting with County Staff (2 days) Staff Presentation of Report ResultslFinal Analysis Presentation to City Council No. of Meetings 1 2 1 Total Assumed Number Of Meetings ~ F or the purposes of this scope of service, time associated with the attendance of a teleconference meeting/discussions will be considered as a meeting for the determination of the total number of meetings attended. The meetings above assume eight man-hours per meeting for the purposes of the scope of services, including allowances for travel to and from the client's offices. G:\DC\Pend'g Agmts\Sunny Isles Bch Ltr Agmt B-2 "\ ~)~ ADDITIONAL SERVICES During the course of the engagement, the Participating Cities may request the performance of additional services from PRMG. Although no additional services are anticipated, any additional services will only be performed as mutually agreed between the two parties, all as coordinated by the City. The payment for such services will be based on the direct hourly labor rates and standard unit rates for other direct costs anticipated for such services as identified in the Agreement. Examples of additional services will include, but not be limited to, the following: I. Attendance of meetings in addition to what is contemplated in the scope of services with respect to the performance of fieldwork and to verify information provided to PRMG and if additional negotiations with County are required due to differences found in allocation methodology. 2. Presentation of the findings to third parties other than the Participating Cities and serving as or providing expert witness services associated with the tasks performed under this scope of services. 3. Performance of an update to the financial evaluations or analyses which requires PRMG to redo the financial evaluation for after essentially substantial completion due to changes in assumptions, additional information not initially provided or changes in scope at no fault of PRMG. 4. Performance of analytical analyses for reporting periods in addition to the analytical period defined in the scope of services. 5. 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(PRMG) agrees to perfonn the utility consulting services described in the agreement that incorporates these standard terms and conditions. Unless modified in writing by the parties hereto, the duties ofPRMG shall not be construed to exceed those services specifically set forth in the agreement. II. COMPENSA nON The Client, as defined in the agreement, agrees to pay for the services as billed in accordance with the provisions of the Florida Prompt Payment Act as referenced in Florida Statutes, Sections 2 I 8.73 and 218.74 or within forty-five (45) days of receiving the invoice, as applicable and if not paid within such timeframe should be considered delinquent by PRMG. Amounts paid after the date which is considered delinquent may be subject to interest charges, not to exceed a 30 average day compound rate of I % applied to the delinquent unpaid balance. Time-related charges will be made in accordance with the billing rate referenced in the agreement. Direct expenses and subcontractor services will be billed at cost. III. RESPONSIBILITY PRMG is employed to render a professional service only, and any payments made by Client are compensation solely for such services rendered and recommendations made in carrying out the work. PRMG shall make findings, provide opinions, make factual presentations, and provide professional advice and recommendations. IV. INDEMNIFICA nON PRMG agrees to indemnity, defend, and hold Client harmless from and against any liability arising out of the negligent errors or negligent omissions of PRMG, its agents, employees, or representatives, in the performance of duties set forth in Article I. V. INSURANCE PRMG shall maintain during the life of the agreement the following minimum insurance: G:\DCIPend'g AgmtslSunny Isles 8ch Ltr Agmt I. Comprehensive general liability insurance, including personal injury liability, blanket contractual liability, and broad form property damage liability. The combined single limit for bodily injury and property damage shall be not less than $1,000,000. 2. Automobile bodily injury and property damage liability insurance covering owned, non-owned, rented, and hired cars. The combined single limit for bodily injury and property damage shall be not less than $1,000,000. 3. Statutory worker's compensation and employers' liability insurance as required by state law. 4. Professional liability insurance. VI. ASSIGNMENT These terms and conditions and the agreement to which they are attached are binding on the heirs, successors, and assigns of the parties hereto. This agreement may not be assigned by Client or PRMG without prior, written consent of the other. VII. INTEGRA TION These terms and conditions and the agreement to which they are attached represent the entire understanding of Client and PRMG as to those matters contained herein. No prior oral or written understanding shall be of any force or effect with respect to those matters covered herein. The agreement may not be modified or altered except in writing signed by both parties. VIII. JURISDICTION This agreement shall be administered and interpreted under the laws of the State of Florida, Jurisdiction of litigation arising from the agreement shall be in that state. If any part of the agreement is found to be in conflict with applicable laws, such part shall be inoperative, null and void insofar as it is in conflict with said laws, but the remainder of the agreement shall be in full force and effect. D-1 .~ '. '~ I', - PUBLIC RESOURCES MANAGEMENT GROUP, INC. STANDARD TERMS AND CONDITIONS ATT ACHMENT D IX. SUSPENSION OF WORK Client may suspend, in writing, all or a portion of the work under the agreement in the event unforeseen circumstances beyond Client's control make normal progress of the work impossible. PRMG may request that the work be suspended by notifying Client, in writing, of circumstances that are interfering with the normal progress of work. PRMG may suspend work on the project in the event Client does not pay invoices when due. The time for completion of the work shall be extended by the number of days work is suspended. In the event that the period of suspension exceeds 90 days, the terms of the agreement are subject to renegotiation and both parties are granted the option to terminate work on the suspended portion of the project, in accordance with Article VIII. X. TERMINA nON OF WORK Client may terminate all or a portion of the work covered by the agreement for its convenience. Either party may terminate work if the other party fails to perform in accordance with the provisions of the agreement. Termination of the agreement is accomplished by 15 days prior written notice from the party initiating termination to the other. Notice of termination shall be delivered by certified mail with receipt for delivery returned to the sender. In the event of termination, PRMG shall perform such additional work as is necessary for the orderly filing of documents and closing of the project. The time spent on such additional work shall not exceed 5 percent of the time expended on the terminated portion of the project prior to the effective date of termination. PRMG shall be compensated for work actually performed prior to the effective date of termination plus the work required for filing and closing as described in this Article. XI. ARBITRATION All claims, disputes and other matters in question between the parties to this agreement arising out of or relating to this agreement or the breach thereof, which are not disposed by mutual agreement of the parties, shall be decided by arbitration in accordance with the Florida Arbitration Code. No arbitration arising out of or relating to this agreement shall include any person not a party to this agreement except by written consent containing a specific reference to this agreement and signed by the parties hereto and persons to be joined. G:\DCIPend'g Agmts\Sunny Isles 8ch Ltr Agmt This agreement to arbitrate shall be specifically enforceable under prevailing arbitration law. Notice of demand for arbitration shall be filed in writing with the other parties to this agreement. The demand shall be made within a reasonable time after the claim, dispute or other matter in question has arisen, but in no event after the date when the institution of legal or equitable proceedings would be barred by the applicable statute of limitations. The award rendered by the arbitrators shall be final and judgment may be entered in accordance with applicable law in any court having jurisdiction. D-2 (, \ ". '~ \ ~~ -" Preview Page 1 of2 City of Sunny Isles Beach 18070 Collins Avenue Sunny Isles Beach, Florida 33160 (305) 947-0606 City Hall (305) 949-3113 Fax MEMORANDUM TO: The Honorable Mayor and City Commission FROM: MinaI Shah, Assistant City Manager-Finance DATE: 11/17/2011 RE: Entering into an agreement with Public Resources Management Group, Inc to perform FP&L Franchise Fee Allocation and Distribution Review RECOMMENDATION: Staff is recommending the Commission approve the attached resolution to enter into an agreement with Public Resources Management Group, Inc. (PRMG) to review allocation and the distribution of the receipts of the FP&L franchise fees. REASONS: The City has an interlocal agreement with Miami-Dade County where the franchise fees are collected by the County and a distribution is made to the City in August for the preceding calendar year earnings. The distribution is based on a calculation contained within the agreement. Currently, nine cities have similar interlocal agreements. Staff is recommending that the cities collaborate and have a joint review performed on the accuracy of the calculation and the distribution of FP&L franchise fees. Staff is recommending to contract with PRMG, who specializes in the audit of franchise fees. Their scope of work is to review the FP&L Franchise Fee Calculation and Methodology currently used by Miami-Dade County and to determine whether it is consistent to the methodology in the respective city's interlocal agreement. This firm was used in 2004, when the Village of Pinecrest organized a collaborative evaluation of the FP&L franchise fee receipts. The cost is $18,900 to perform the evaluation. The cost of the agreement will be shared with the participating cities and allocated based on the percentage of their actual FY 2010/2011 franchise fee distribution. The other cities that have to date agreed to participate are Doral, Miami Lakes, Miami Gardens, Palmetto Bay, Cutler Bay, Aventura and Key Biscayne. http://sibagenda.sibfl.net/agenda/Preview.aspx?ItemID=641 &MeetingID=O&MeetingDate... 11/9/2011 - Preview Page 2 of2 FUNDING SOURCE: City's portion of the costs will be funded from 10-513-5317 ATTACHMENTS: . Resolution . Agreement http://sibagenda.sibfl.net/agenda/Preview.aspx?I temID=641 &MeetingID=O&MeetingDate... 11/9/2011