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HomeMy WebLinkAbout03 - Sales and Use Tax Auditing and Analysis - Staff MemoAugust 13, 2019 CLARIFICATION Item No. 3 AUGUST 13, 2019 CITY COUNCIL MEETING ITEM #3 Recommendation (b) of Item #3 (Approval and Award of Professional Services Agreement with Avenu Insights and Analytics, LLC for Sales and Use Tax Auditing Services) pertains to an agreement that required modification after the Staff Report for this item was published before the August 13, 2019 City Council Meeting. Section 1 ("Term") of the agreement was slightly modified. While the contract retains the original termination date of June 30, 2024, the revised version clarifies that the contract engagement shall be considered in five, one-year terms rather than a single term of five years. This distinction is important for contract administration and enforcement purposes and encourages more regular review of the contractor's performance and deliverables. Section 4 ("Compensation") of the agreement was changed, from $525,000 to $531,000. This correction was made in order to properly reflect an annual Consumer Price Index increase related to Sales & Use Tax Analytics ("Clearview"), Reporting and Forecasting, as well as additional consulting services for which the City may engage the Consultant on an hourly fee basis, as indicated in Exhibit B. The Staff Report corresponding with this agreement already reflects the items described above. However, the agreement attached to the Staff Report has been modified to match the requests in the Staff Report.