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Board renews Davenport financial-advisory agreement on as-needed basis
Summary
The board approved resolution R2026-61 to renew the county's financial-adviser agreement with Davenport under the cooperative procurement on an as-needed hourly basis; a supervisor asked whether the county should solicit competing proposals, but the majority favored continuity.
Nelson County’s Board of Supervisors voted to renew the county’s cooperative-procurement contract with Davenport for financial-advisory services and to continue using Davenport on an as-needed, hourly basis rather than an annual retainer.
Background and staff recommendation: Candy said the prior agreement dated to March 2021 and staff recommended reusing the cooperative-procurement vehicle to renew Davenport’s services for capital planning and financial analysis. Staff emphasized satisfaction with Davenport’s historical performance and recommended hourly, as-needed work rather than a retainer.
Discussion: Several board members asked whether staff had shopped the service to other firms. Candy said the county had not solicited competitive proposals, noting both continuity benefits and the value Davenport has provided. Other supervisors expressed confidence in Davenport’s prior work and practical value to the county’s capital program.
Vote: The board moved, seconded and approved resolution R2026-61. The recorded roll-call in the meeting minutes included multiple affirmative votes with one recorded no vote in the minutes.
Follow-up: Staff will renew the cooperative procurement-based agreement under the proposed as-needed terms and proceed with Davenport’s involvement as the county advances financing for planned projects, including the Larkin purchase.
