Label
DPU082818PFMWhitebirch
Utilities Administration
Ed Moore (x1845)
Revised
Title
Authorizing the mayor to enter into an agreement with PFM Solutions LLC. for the use of the Whitebirch(tm) Service Software and the Whitebirch Financial Modeling Platform in the Division of Utilities Administration for a period up to three years; waiving competitive bid requirements of TMC Chapter 187; authorizing the appropriation of $52,084 from the Water Replacement Fund and $52,084 from the Sewer Replacement Fund; authorizing the operating transfer of said funds to the Water Operating Fund and Sewer Operating Fund; authorizing the appropriation and expenditure of $52,084 in the Water Operating Fund for Whitebirch implementation and subscription fees; authorizing the appropriation and expenditure of $52,084 in the Sewer Operating Fund for Whitebirch implementation and subscription fees; authorizing the expenditure of $50,000 for the annual subscription fee, subject to future appropriation; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The Division of Utilities Administration currently utilizes a program now called FuturePerfect for financial modeling. The cloud-based Whitebirch system would replace FuturePerfect and PFM would apply any unused subscription fee towards the use of Whitebirch. This form of financial modeling platform helps to design, build, manage, and validate projections with use of different scenarios. In the future Water and Sewer Operating Budgets, $50,000 would be included for the annual access fee.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the mayor is authorized to enter into an agreement with PFM Solutions, LLC. through 2020 for the implementation of and subscription to the Whitebirch(tm) Service Software and the Whitebirch Financial Modeling Platform in the Division of Utilities Administration.
SECTION 2. That the competitive bid requirements of TMC Chapter 187 are waived for th...
Click here for full text