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Approve ranking order for RFP E-34-17 Financial Advisory Services and authorize staff to negotiate a contract with the highest ranked firm PFM Financial Advisory LLC.
(Fiscal Impact: N/A)
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(Staff Contact: Andrew Jean-Pierre)
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Summary Explanation/Background:
RFP E-34-17 was issued to obtain responses from firms to provide financial advisory services to the City. City Commission approval of the ranking order presented by the Selection/Evaluation Committee is requested and authorization is requested for appropriate City staff to negotiate a contract with the highest ranked firm, PFM Financial Advisory LLC. Further authorization is requested to continue with the succeeding ranked firm should an impasse occur in the negotiations with the recommended firm. The General Services Department performed outreach to two (2) Pompano Beach financial advisory firms to inform them of the solicitation.
Origin of request for this action: Staff
Fiscal impact and source of funding: N/A
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