Explanation
BACKGROUND:
This legislation authorizes Columbus City Auditor on behalf of Columbus Water and Power to enter into a supplemental agreement with PFM Financial Advisors LLC to provide municipal advisory services for financial planning and policy development related to PO585522. The contract amount being authorized is $152,000.00
The agreement will provide municipal advisory services for financial planning and policy development. These services include financial advisory services, capital planning, financing alternatives, debt restructuring, rating agency strategy, market analysis, financing schedule development, transaction execution support, and related municipal advisory services.
SUPPLIER:
PFM Financial Advisors LLC | Vendor #023734 | Pending CC
The vendor is not debarred according to the Excluded Party Listing System of the Federal Government or prohibited from being awarded a contract according to the Auditor of State Unresolved Findings for Recovery Certified Search.
FISCAL IMPACT: $152,000.00 is available for this contract.
$0.00 was spent in 2025
$0.00 was spent in 2024
Emergency Justification: Emergency action is requested in order for the vendor to provide municipal advisory services related to financial planning and policy development and to ensure project continuity and mitigate financial risk.
Title
To authorize the Columbus City Auditor on behalf of Columbus Water and Power to enter into a supplemental agreement with PFM Financial Advisors LLC to provide municipal advisory services for financial planning and policy development, and to authorize the expenditure of $152,000.00 split between the Electricity, Water, Water Reclamation, and Stormwater Operating Funds; and to declare an emergency. ($152,000.00)
Body
WHEREAS, City of Columbus, Columbus Water and Power has a need for municipal advisory services for Financial Planning Services related to PO585522; and
WHEREAS, the term of the contract is from date of execution until s...
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