File #: 17-0850    Version: 1 Name: Financial Improvement Consultant
Type: Resolution Status: Adopted
File created: 5/1/2017 In control: Administration
On agenda: 6/21/2017 Final action: 6/21/2017
Title: Dept/ Agency: Administration/Division of Central Purchasing Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Use of State Contract(s) T-2458 Purpose: Procedures/Financial Improvement Consulting Services Entity Name(s)/Address(s): McEnerney Brady & Company, LLC., 293 Eisenhower Parkway, Livingston, New Jersey 07039 Contract Amount: $128,013.00 Funding Source: State of New Jersey Transitional Aid Contract Period: January 1, 2017 through June 30, 2017 Contract Basis: ( ) Bid (X) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information:
Sponsors: Council of the Whole
Title
Dept/ Agency: Administration/Division of Central Purchasing
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Use of State Contract(s) T-2458
Purpose: Procedures/Financial Improvement Consulting Services
Entity Name(s)/Address(s): McEnerney Brady & Company, LLC.,
293 Eisenhower Parkway, Livingston, New Jersey 07039
Contract Amount: $128,013.00
Funding Source: State of New Jersey Transitional Aid
Contract Period: January 1, 2017 through June 30, 2017
Contract Basis: ( ) Bid (X) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:

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WHEREAS, in 2015, the State of New Jersey Department of Community Affairs, Division of Local Government Services (Division) procured McEnerney Brady & Company, to provide agreed upon procedures/financial improvement consulting services to the City of Newark; and

WHEREAS, since 2015, McEnerney Brady & Company, LLC, has provided significant value added services to the City of Newark, including identifying budget savings, improvement in the Finance Department processes, procedures, and timeliness of financial reporting; and

WHEREAS, in 2015 and 2016, McEnerney Brady & Company, LLC, was procured and paid, by the Division of Local Government Services and such amounts paid were then deducted from the City's Transitional Aid payments. By correspondence dated April 11, 2017, the Director of the Division of Local Government Services is authorizing the City of Newark to procure the services of McEnerney Brady & Company, LLC, from January 1, 2017, through June 30, 2017, in an amount not to exceed $128,013.00; and

WHEREAS, the Division of Local Government Services will reimburse the City of Newark, for any such expenses paid to McEnerney Brady & Company, LLC, through an appropriation of Transi...

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