HomeMy WebLinkAboutSR - R25410A - CA1 - RDA Consulting SvcsREQUEST
PALM DESERT REDEVELOPMENT AGENCY
STAFF REPORT
APPROVAL OF AMENDMENT TO KEYSER MARSTON
ASSOCIATES, INC. CONSULTING CONTRACT NO. R25410A
SUBMITTED BY: ARLA K. SCOTT, SENIOR FINANCIAL ANALYST
CONSULTANT: KEYSER MARSTON ASSOCI kTES, INC.
500 S, GRAND AVE. MEETING DATE I - (p _Q Co
LOS ANGELES, CA 90071 ZCONTINUED TO
DATE:
CONTENTS
Recommendation:
NOVEMBER 16, 2006 ❑ PASSED TO 2ND READING
AMENDMENT NO. 1 TO CONfiW.;DT n;� t 1'^ ^
By Minute Motion, that the Agency Board:
1) Approve Amendment No. 1 to Contract No. R25410A with Keyser
Marston Associates, Inc. by an additional $30,000;
2) Authorize the Chairman to execute the above -mentioned contract.
Executive Summarv:
The Agency staff needs to amend the Keyser Marston Associates contract by an
additional $30,000, in order to provide for hotel development analysis.
Discussion:
Currently, staff is using Keyser Marston Associates to analyze financial feasibility of a
resort development at Desert Willow proposed by a third party developer. We have
given them various scenarios to perform analysis on so that staff can make a more
informed recommendation. These were not anticipated when the original contract was
approved to provide for general agency analysis at the June 22, 2006 City Council
meeting. Therefore, an additional $30,000 needs to be added to their original contract.
This requires approval by the Agency prior to amending the contract.
IM�Ts
CIONTINUED TO-6 Oak—' W )LIt hn.
0 PASSED TO 2ND READING
Staff Report
Approval of Amendment to Keyser Marston Associates Contract R25410A for Consulting
Services
Page 2
November 16, 2006
Staff is recommending that the Redevelopment Agency Board approve the amendment
to the Keyser Marston Associates contract for Fiscal Year 2006-2007.
Submitted By:
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Arla K. Scott
Senior Financial Analyst
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Approval:
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J in McCarthy
CM edevelopme
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Carlos L. O a
Executive Director
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Department Head:
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Director development/Housing
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Paul S. Gibson
Director of Finance
PALM USERT MXVIE OnUNT AGENCY Contract # / P.O. # R25410A None
Amendment/ 1
r SSKRU SIR?XIt AW NT Change Order No.
Contingency: YES NO X
Contract Purpose Financial Consulting F/Y 2006-07 Account No.
Consultant's Name Keyser Marston Associates, Inc. Project No.
Address: 55 Pacific Avenue Mall Vendor No 8896
San Francisco, CA 94111
You are hereby requested to comply with the following changes from the contract plans and specifications:
DECREASE INCREASE
DESCRIPTION OF CHANGES In Contract Price In Contract Price
Hotel development analysis
JUSTIFICATION:
TOTAL BUDGET FOR PROJECT:
Less: Expend. & Encumb. To Date
Less: This Change Order Amount:
BALANCE OF BUDGET
REMAINING FOR PROJECT:
TOTALS:
NET CHANGE IN CONTRACT PRICE:
+ 30,000.00
- 30,000.00
- 30,000.00
(30,000.00)
CONTINGENCY:
Amount Approved by Board: +
Less: Prior Amendment(s): -
Less: This Amendment: -
Balance Remaining of Contingency:
30,000.00
41 111 11
CI 111 11
The amount of the Contract will be (Desfeased) Increased by the Sum of: Thirtv Thousand and N0/100
Dollars ($30,000.00).
G \RDA\Laurd KnutsomWord Data\RDAWmndmts - Chng Ordrs\Keyser Marston R25410A doc See reverse
Contract R25410A Amendment No. 1 Continued from front
This Contract Amendment covers changes to the subject contract as described herein. The consultant shall perform
all work as necessary or required to complete the Contract Amendment items for a lump sum price agreed upon
between the Consultant and the Palm Desert Redevelopment Agency, otherwise referred to as Owner.
Contract Time Extension N/A Days.
Revised Contract Total $60,000.00
The undersigned Consultant approves the foregoing Contract Amendment # R25410A as to the changes, if any, in
the contract price specified for each item including any and all supervision costs and other miscellaneous costs
relating to the change in work, and as to the extension of time allowed, if any, for completion of the entire work on
account of said Contract Amendment # 1 . The Consultant agrees to furnish all labor and materials and perform all
other necessary work, inclusive of that directly or indirectly related to the approved time extension, required to
complete the Contract Amendment items. This document will become a supplement of the contract and all provisions
will apply hereto. It is understood that the Contract Amendment shall be effective when approved by the Owner.
Execution of this Contract Amendment by the Consultant constitutes a binding accord and satisfaction that fully
satisfies, waives, and releases the Owner from all claims, demands, costs, and liabilities, in contract, law or equity,
arising out of or related to the subject of the Contract Amendment, whether known or unknown, including but not
limited to direct and indirect costs and/or damages for delay, disruption, acceleration, and loss of productivity, as well
as any and all consequential damages.
This document will become a supplement to the Contract and all provisions will apply hereto, all items included above
must have required signatures as per the purchase resolution.
REQUESTED BY:
CERTIFIED
FUNDS AVAILABLE:
EXECUTIVE DIRECTOR
FINANCE DIRECTOR
NOTE: No payments will be made
prior to Executive Director and
Agency Board approval
2. ACCEPTED BY:
CONSULTANT
4. APPROVED BY:
JIM FERGUSON, CHAIRMAN
SECRETARY
11/16/06
Date Approved
11 /16/06
Date Approved
G tRDAtLaurei KnutsomWord DatatRDAVAmndmts Cnng ordrstKeyser Marston R25410A Ooc See reverse