Title
Dept/ Agency: Finance
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Use of State Contract-T-2458
Purpose: Procedures/Financial Improvement Consulting Services
Entity Name: PKF O'Connor Davies, LLP.
Entity Address: 293 Eisenhower Parkway, Livingston, New Jersey 07039
Contract Amount: $209,708.00
Funding Source: Department of Finance Budget
Contract Period: September 1, 2017 to April 30, 2018
Contract Basis: ( ) Bid (X) State Vendor ( ) Prof. Ser. ( ) EUS
(X) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
Vendor is being procured through State Term Contract T-2458
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WHEREAS, in 2015, the State of New Jersey Department of Community Affairs, Division of Local Government Services procured McEnerney Brady & Company, LLC (McEnerney Brady), to provide agreed upon procedures/financial improvement consulting services to the City of Newark (the City); and
WHEREAS, since 2015, McEnerney Brady merged with PKF O'Connor Davies, LLP and throughout its first contract with the City has provided significant value added services to the City, including identifying budget savings, improvement in the Finance Department processes, procedures, and timeliness of financial reporting; and
WHEREAS, the State Contract expired on or about June 30, 2017, however, a new solicitation was issued by the State for the same services and a new three (3) year contract was awarded to PKF O'Connor Davies LLP effective September 1, 2017; and
WHEREAS, the Director of the Department of Finance desires to procure the services of Finance Oversight from PKF O'Connor Davies, LLP previously provided by their division of McEnerney Brady for the term of September 1, 2017 through April 30, 2018, in an amount not to exceed $209,708.00, through the State of New Jersey State Contract ...
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