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HomeMy WebLinkAboutMINUTES - 04172007 - C.53 �E L ContraTO: BOARD OF SUPERVISORS ''E=� tom°�' .f _ FROM: John Cullen - Costa County Administrator :�� 40 DATE: April 17, 2007Count J S''9 COUIi'� SUBJECT: CONTRACT EXTENSION WITH BUCK CONSULTANTS FOR GOVERNMENT ACCOUNTING STANDARD BOARD 45 COMPLIANCE CONSULTING SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION: APPROVE and AUTHORIZE the County Administrator, or designee, to execute a contract amendment/extension with Buck Consultants, LLC effective April 18, 2007, to increase the payment limit by $91,000 to a new payment limit of $150,000 and extend the term from June 30, 2007 to December 31, 2007. FISCAL IMPACT: The cost of the contract will be paid from the County's cost center for employee benefits, as the services provided by Buck Consultants concern analysis of post-employment benefits provided by the County. BACKGROUND/REASON(S) FOR RECOMMENDATION(S): Buck Consultants will continue to advise the County Administrator and when requested, the Board of Supervisors on accounting standards for retiree healthcare and other post- employment benefits (OPEB) described in Government Accounting and Standards Board (GASB) Statement No. 45, "Accounting and financial Reporting by Employers for Postemployment Benefits Other Than Pensions." CONTINUED ON ATTACHMENT: ❑YES ❑NO SIGNATURE: Cz)) SLAX -------- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------- ✓RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE _APPROVE OTHER SIGNATURE(S): �- -- ----------------------------------------- ------- ------------------------- - - - -- ----------------------------------- ACTION OF BO ON O APPROVE AS RECOMMENDED OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN UNANIMOUS(ABSENT ) AND ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE AYES: NOES: SHOWN. ABSENT: ABSTAIN: Nf ATTESTED: k ( ( �� -7 CONTACT: Lisa Driscoll 335-1023 JOHN CULLEN,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR CC: Lisa Driscoll,CAO L,, Buck Consultants via CAO BY � � lam' ` ,DEPUTY