Title
Resolution ratifying an existing contract for professional services and approval of a new contract with Comprehensive TTP LLC, Antioch, Illinois, in an amount not to exceed $175,070 for Professional Accounting Services for Lake County Finance and authorizing a line-item transfer within the Finance Department.
Staff Summary
• On January 3, 2024, the County Administrator entered into a departmental agreement with Comprehensive TTP LLC of Antioch, Illinois in an amount not to exceed $50,000 for professional services of the Interim Deputy Finance Director in which services are expected to end by mid-April 2024.
• Subsequently Lake County sought proposals from qualified firms for professional accounting service for Lake County Finance.
• The services to be completed consists of the following: supervises the annual audit, supervise and work directly with finance staff assigned to accounts payables, accounts receivable, centralized financial services and the general accounting function to ensure accuracy of data and timely completion of operational work.
• A Request for Proposal (RFP) was developed and reviewed by the Finance Department.
• The RFP was sent to ten vendors and proposals were received from one vendor.
• Based on the criteria set forth in the RFP, the proposal submitted by Comprehensive TTP LLC is the most qualified and most favorable for Lake County in the amount not to exceed $125,070.
• Per the 3.6 Budget Execution Policy, under the Chief Financial Officer authority, a budget transfer was completed transferring $50,000 from Salaries & Wages (101-1200010-51110) to Consultants (101-1200010-71150) in the Finance Department.
• Based on expected savings in the Personnel line items a budget transfer has been prepared for approval which transfers $125,070 from Salaries & Wages (101-1200010-51110) to Consultants (101-1200010-71150) in the Finance Department.
Body
RESOLUTION
WHEREAS, in accordance with section 33.051 of the Lake County Purchasing Ordinance, proposals were called for by publication for professional accounting service for Lake County Finance; and
WHEREAS, subsequent to said publication, request for proposals were extended to ten vendors; and
WHEREAS, sealed proposals were received from one vendor and opened in the County Building, Waukegan, Illinois, on March 15, 2024, at 11:00 a.m.; and
WHEREAS, based on the criteria set forth in the Request for Proposals, an Evaluation Committee selected Comprehensive TTP LLC to be in the best interest of Lake County.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that Purchasing Agent is authorized to ratify an existing contract for professional services and approval of a new contract with Comprehensive TTP LLC, Antioch, Illinois, in an amount not to exceed $175,070 for Professional Accounting Services for Lake County Finance and authorizing a line-item transfer within the Finance Department; and
BE IT FURTHER RESOLVED, by this Lake County Board, that an emergency appropriation in the amount of $125,070 is hereby authorized which transfers $125,070 from Salaries & Wages (101-1200010-51110) to Consultants (101-1200010-71150) in the Finance Department.
DATED at Waukegan, Illinois, on April 9, 2024.