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HomeMy WebLinkAboutMINUTES - 06172008 - C.73 Td: BOARD OF SUPERVISORS ,� ,.sE L '°� Contra FROM: Stephen Ybarra Costa County Auditor-Controller ,i�mab a County DATE: June 3, 2008 '4 COU>z SUBJECT: AMEND CONTRACT FOR ACCOUNTING SERVICES FOR OMB A-87 COST ALLOCATION PLAN ANDD FULL COST ALLOCATION PLANE — CAPITAL ACCOUNTING PARTNERS, LLC I SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION: APPROVE and AUTHORIZE the County Auditor-Controller or designee to amend a contract amendment with CAPITAL ACCOUNTING PARTNERS, LLC, effective June 1, 2008, to increase the payment limit by $35,000 to a new payment limit of $145,000 for accounting services related to the preparation of the County's annual OMB A-87 Cost Allocation Plan and Full Cost Allocation Plan. The amended contract is to prepare a revised A-87 County Wide Cost Allocation Plan for year 2007-2008 based on 2005-2006 actual costs for submission and revised approval from the State Controller's Office for a fixed fee of$35,000. FISCAL IMPACT: This contract amendment will be funded by General Fund dollars budgeted for preparation of the cost plan. .BACKGROUND/REASON(S) FOR RECOMMENDATION(S): The Office of the Auditor-Controller is re sponsib'le for preparing the annual A-87 Cost Allocation Plan for approval by the State Controller. Most governmental units provide services, such as accounting, purchasing, computer servicles, motor pools, and fringe benefits to operating departments and agencies on a centralized basis. Since federal awards are normally performed within the individual operating departments and agencies, there needs to be a process whereby central service costs can be identified and assigned to benefiting departments and agencies on a reasonable and consistent basis. The Cost Plan provides that process. The Cost Plan is a required document th It identifies, accumulates, and allocates billing rates based on the allowable costs of services provided by a governmental unit to its departments and agencies. The costs of these services may be allocated or billed to benefiting agencies. CONTINUED ON ATTACHMENT: DYES ❑NO SIGNATURE: ------------------------------------------------------------------------------;-------------------------------------------- --------------------- -------------- --- "OE3ECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION BOARD CO ITTEE AP PROVE OTHER SIGNATURE(S): ----------------------- --- ==- - ---- - --------------------------------------- ---------------------------------------------------- --ACTION OF BOARD ON I APPROVE AS RECOMMENDED OTHER I . i 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 1 AYES: NOES: SHOWN. i ABSENT: ABSTAIN: IATTESTED: CONTACT: Elizabeth Verigin 6-2182 JOHN CULLEN,CLER OF THE BOARD OF I I SUPERVISORS AND COUNTY ADMINISTRATOR CC: County Administrator Auditor-Controller County Counsel 0 C I BY ,DEPUTY ,l IL t` Due to the County's complexity, operational changes, and staffing and budgetary constraints, the Office of the Auditor-Controllers determined it was necessary to hire outside expertise to review the Cost Allocation Plan to improve and maximize the County's reimbursable costs. In September of 2007, Capital Accounting Partners was awarded the contract to prepare the Cost Allocation Plan and the Full Cost Plan for Contra Costa County. During the work performed by Capital Accounting Partners for the 2008-2009 Cost Allocation Plan, an adjustment allocation was discovered that provides a considerable, enhanced claiming benefit to the County. Due to the timing of the discovery, the same allocation adjustment would be applicable to the 2007-2008 Cost Allocation Plan. The amendment to the contract is necessary to allow Capital Accounting Partners to prepare a revised 2007-2008 Cost Allocation Plan for approval by the State to maximize the County's reimbursable costs for 2007-2008.