Legislation Details

File #: 24-0512    Version: 1
Type: Consent Agenda Status: Approved
File created: 4/9/2024 In control: Commissioners Court
On agenda: 4/29/2024 Final action: 4/29/2024
Title: Consideration of approval of engagement letter for 12/31/2023 OPEB valuation and GASB 74/75 Valuation Reports for fiscal years ending 2024 and 2025 with Gabriel Roeder Smith & Company
Attachments: 1. 11.pdf

Contract Approval Request Form

 

To Be Completed by Requesting Department (#1-21)

 

1)                     Date of Request: 4/17/2024

2)                     Contract Type: Expense

3)                     Renewal Contract: Yes

4)                     Department Name: County Auditor’s Office

5)                     Department Contact: Randall Rice CPA

6)                     Description: Gabriel Roeder Smith & Company provides actuarial valuations for the county, as required by GASB 74/75

 

7)                     PEID No: 710317

8)                     Req No:

9)                     Orgkey: 1101-110000

10)                     Object Code: 5481000

11)                     Vendor: Gabriel Roeder Smith & Company

12)                     Vendor Contract No:

 

Expenditure Budget/Revenue Projections

 

13)                     Fund Name: General Fund

14)                     Fund #: 1101

15)                     Current Year Budgeted:  425,500.00

16)                     Current Year Projected: 7,855.50

17)                     Year 2: 10,474.00

18)                     Year 3: 7,855.50

19)                     Year 4:

20)                     Year 5:

21)                     Totals:

 

To Be Completed by Purchasing Department

 

22)                     Contract Start Date: 6/29/2024

23)                     Auto Renewal Contract: No

24)                     Bid No: NA

25)                     Contract End Date: 6/30/2025

26)                     Contract # Issued by Purchasing Department: CM18189

 

NOTES:

Cost is $26,185, pble as per agreement over this year and the ensuing two years on a 30%, 40%, 30% split.