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Committee authorizes amendment to remove fiscal-year cap on utility consultant contract
Summary
The committee approved Amendment No. 1 to the professional services contract with Financial Consulting Solutions Group, Inc., removing the contract's fiscal‑year spending cap while keeping the overall four‑year cap intact to allow additional work on water and wastewater rate analyses.
The Santa Fe Public Works and Public Utilities Committee approved amendment No. 1 to a professional services contract with Financial Consulting Solutions Group, Inc., removing an annual fiscal-year cap on amounts payable to the contractor while retaining the contract’s total four‑year cap.
Director Roach told the committee the original contract had an approximately $600,000 total cap across four years and an annual cap of about $150,000. Roach said the city is up…
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