CONTRACT 5724A Amendment CLOSEDAgreement No. 5724A
Agreement No.
FIRST AMENDMENT TO
PROFESSIONAL SERVICES AGREEMENT NO. 5724
BETWEEN
THE CITY OF EL SEGUNDO AND
RAFTELIS FINANCIAL CONSULTANTS, INC.
This first Amendment is entered into this 17`l' day of August, 2020, by and between the
CITY OF EL SEGUNDO, a municipal corporation and general law city ("CITY") and RAFTELIS
FINANCIAL CONSULTANTS INC., ("CONSULTANT"). The parties agree as follows:
Pursuant to Section 35 of the Agreement between the parties, Section 2 of the
Agreement ("Scope of Services") is amended to add the services described in the
attached Exhibit A "Proposal for Services"; which is incorporated herein by this
reference.
2. The parties also desire to amend the Agreement by increasing the total amount of the
Agreement by $20,690, so that the total, not -to -exceed amount of the Agreement is
$119,535.
3. The terms of this amendment will be from August 17, 2020 to March 1, 2021.
4. This Amendment may be executed in any number or counterparts, each of which will
be an original, but all of which together constitutes one instrument executed on the
same date.
5. Except as modified by this Amendment, all other terms and conditions of Agreement
No. 5724 remain the same.
[Signatures on next page]
-1-
Agreement No. 5724A
Agreement No.
IN WITNESS WHEREOF the parties hereto have executed this Amendment the day and
year first hereinabove written.
CITY OF EL SEGUNDO
Digitally signed by Joseph Lillio
M c.=J.,,ph� 1.11110, =City of 0
0 Segundo, ou-0recto-fFinance,
Joseph Lilli emakj101100elsegundo,org, c=US
- )9,1511:20:07 -07'00'
Joseph Lillio,
Director of Finance
ATTEST:
2j<, for
-j
Tracy Weaver,
City Clerk
APPROVED AS TO FORM:
Mark D. Hensley,
City Attorney
-2-
RAFTELIS FINANCIAL
CONSULTANTS, LLC
Sanjay
Vice Pi-
Sanjay``",
ient
Taxpayer ID No.
Agreement No. 5724A
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August 26, 2020
Mr. Joseph Lillio
Director of Finance
City of El Segundo
350 Main Street
El Segundo, CA 90245
Subject: Proposal for Financial Plan and Cost of Service Update
Dear Mr. Lillio,
Raftelis is pleased to submit this letter proposal to assist The City of El Segundo (City) in
refining the Financial Plan and Cost of Service for the Wastewater Enterprise and analyzing the
associated Customer Impacts as a result of the refinement. Additionally, Raftelis will assist in
developing the Prop 218 public hearing notice for the City once all rates have been reviewed
and finalized by City Staff with Raftelis. The sections below outline our scope of work and
proposed fees to complete the tasks.
We are delighted to have this opportunity to assist you with this important analysis. If you have
any questions, please do not hesitate to contact me at (213) 327-4405 or sgaur@raftelis.com.
Sincerely,
Sanjay Gaur
Vice President
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Task 1: Refine the Wastewater 1 inancial Plan anci Cost of Service Scenarios
Raftelis will begin this analysis by refining the Financial Plan for Wastewater. In doing so, we
will be able to dynamically change the Wastewater Cost of Service and Rates and develop
different scenarios with varying customer impacts that City staff would like to examine.
Deliverables: Updated Rate Model with Customer Impacts
Meetings: Three (3) webinar meetings
Task : AA(litional Webinars with Staff anci City Council
Upon Completion of Task 1 Raftelis will create a PowerPoint that displays the results under the
new Financial Plan and Cost of Service. Raftelis will present these finding to City Staff and City
Council in a series of five webinars
Deliverables: PowerPoint Presentation with Updated Information
Meetings: Five (5) webinar meetings
Task : Prop 218 Notice Development
Raftelis will assist in preparing the public hearing notice as required by law and will prepare a
draft for City staff and the City Attorney to review and incorporate comments. Raftelis will
finalize the Prop 218 Notice, which the City will send out.
Deliverables: Draft Proposition 218 Public Notice; Final Proposition 218 Public Notice
Meetings: One (1) webinar meeting
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Agreement No. 5724.4
Raftelis will complete the above scope of services for a not -to -exceed amount of $20,690. The work plan shown
in the table below provides a breakdown of the estimated level of effort required for completing each task
described and the hourly billing rates for the personnel scheduled to complete the project.
Hours
Number of
Total Fees &
Tasks
Webinars Meetings
PM
M
SC
Admin
Total
Expenses
1. Refine the Wastewater Financial Plan and
3
10
20
0
30
$7,100
Cost of Service Scenarios
2. Additional Webinars with Staff and City
5
15
15
0
30
$7,725
Council
3. Proposition 218 Development
1
6
3
15
3
27
$5,865
Total Estimated Meetings / Hours
9 0
31
3
50
3
87
Hourly Billing Rate
$310
$240
$185
$80
Total Professional Fees
$9,610
$720
$9,250
$240
$19,820
Total Fees
$19,820
PM- Sanjay Gaur. Vice President
Total Expenses
$870
M- Manager, Steve Gagnon
SC - Staff Consultants
Admin -Administrative Staff
Total Fees
&Expenses
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