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Resolution amending Resolution 649-2022, authorizing the Mayor and the Director of the Department of Innovation & Performance, on behalf of the City of Pittsburgh, to enter into an agreement or agreements and amendments thereto with Foster & Foster Consulting Actuaries, Inc., for a municipal pension contribution data system by increasing the approved amount by Three Hundred Seventy-Five Thousand Dollars ($375,000) for an amended total cost not-to-exceed Six Hundred Twenty-Five Thousand Dollars ($625,000) over five years.
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Be it resolved by the Council of the City of Pittsburgh as follows:
Resolution 649-2022, “Authorizing the Mayor and the Director of the Department of Innovation & Performance, on behalf of the City of Pittsburgh, to enter into an agreement or agreements and amendments thereto with Foster & Foster Consulting Actuaries, Inc. for a municipal pension contribution data system at a sum not to exceed Two Hundred Fifty Thousand and 0/100 Dollars ($250,000.00)” is hereby amended as follows:
Section 1. Authorizing the Mayor and the Director of the Department of Innovation & Performance, on behalf of the City of Pittsburgh, to enter into an agreement or agreements and amendments thereto with Foster & Foster Consulting Actuaries, Inc. for a municipal pension contribution data system for a total cost not-to-exceed Six Hundred Twenty-Five Thousand Dollars ($625,000) over five years.
Section 2. Funds for said agreement shall be paid from the following account:
11101.103000.53.53509.2022 $250,000
11101.103000.53.53509.2025 $125,000
11101.103000.53.53509.2026 $125,000
11101.103000.53.53509.2027 $125,000
TOTAL NOT TO EXCEED $625,000
Section 3. The agreements or agreements and amendments are subject to the approval of the City Solicitor as to form.
Section 4. Any Resolution or part thereof conflicting with the provisions of this Resolution is hereby repealed so far as the same affects this Resolution.