[Adopted 10-9-2012 by Ord. No. 1863]
The City procedures for procuring professional services for
the municipal pension plans will include the following:
A.Â
Assemble a committee to oversee the request for proposal process
B.Â
Adopt a policy relating to potential conflict of interest in the
review of a proposal or negotiation of a contract.
C.Â
Develop a time line for posting advertisement, submission period,
deadline, interviews, decision, and notification.
D.Â
Draft an application form, advertisement, and disclosure form.
E.Â
Advertise the availability of a contract, including application and
required disclosure forms, on the City website.
F.Â
Collect and review proposals to select the most qualified person
or firm, taking into account qualifications, experience, expertise
and the fees to be charged.
G.Â
Interview candidates as part of the selection process.
H.Â
Complete a disclosure form regarding municipal pension system officers
and employees to identify any potential conflicts of interest with
respect to applications that were submitted.
J.Â
Summarize the relevant factors that result in the award of the contract
in a written statement to be included in or attached to the documents
awarding the contract.
K.Â
Within 10 days of awarding the contract, transmit the original application
form, a summary of the basis for award, and required disclosure form
to all unsuccessful applicants and post on the municipal website at
least seven days prior to execution of the contract.
L.Â
If amending the contract to increase the cost by more than the greater
of 10% or $10,000, post the increase and a written justification for
the increase on the municipal website at least seven days prior to
the effective date of the amendment.
M.Â
Maintain updated annual required disclosures for current contract
holders.
N.Â
Amend the procedures as may be required by the Auditor General or
applicable law.