Legislation Details

File #: 2024-3166    Version: 1
Type: Director Contract Status: Director Approved
File created: 12/10/2024 In control: Executive
On agenda: Final action: 12/12/2024
Title: Actuarial Services for ACFR Contract
Attachments: 1. Snohomish_County-Actuary-OPEB-1yr_12-2024-Wrkg_vs1, 2. Micro Service Agreement-Lauterbach__Amen_LLP-2024_Signed-Final
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Executive/Council Action Form (ECAF)

 

 

ITEM TITLE:

Title

Actuarial Services for ACFR Contract

body

DEPARTMENT:  Finance

 

ORIGINATOR:  Nathan Kennedy

 

EXECUTIVE RECOMMENDATION:  Approved

 

PURPOSE: Contract for actuarial services with Lauterbach & Amen, LLC

 

BACKGROUND: Every year the County is required to prepare GASB 74/75 disclosures that require the use of an actuary to value the County’s OPEB obligation. This contract does that.

 

FISCAL IMPLICATIONS:

EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU

CURRENT YR

2ND YR

1ST 6 YRS

General Fund, Finance Ops

4,030.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

4,030.00

 

 

 

 

REVENUE: FUND, AGY, ORG, REV, SOURCE

CURRENT YR

2ND YR

1ST 6 YRS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

 

 

 

DEPARTMENT FISCAL IMPACT NOTES:  No material fiscal impact.

 

CONTRACT INFORMATION:

ORIGINAL

 

CONTRACT#

 

AMOUNT

 

AMENDMENT

 

CONTRACT#

 

AMOUNT

 

 

Contract Period

ORIGINAL

START

 

END

 

AMENDMENT

START

 

END

 

 

OTHER DEPARTMENTAL REVIEW/COMMENTS:  Click or tap here to enter text.