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HomeMy WebLinkAboutE-12 Staff Report Procure America Revenue ShareCONSENT ITEM E-12 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL VIA: TROY L. BUTZLAFF, ICMA-CM, CITY MANAGER FROM: ANN GRAF, DIRECTOR OF INFORMATION TECHNOLOGY AND LIBRARY SERVICES DATE: MARCH 6, 2017 SUBJECT: REQUEST TO APPROVE THREE YEAR REVENUE SHARING ARRANGEMENT WITH PROCURE AMERICA SUMMARY: In May of 2016, the City entered into a contingent fee audit with Procure America to conduct an in depth analysis of its telephone bills. Although there were no up-front costs associated with this audit, the City agreed to share 50% of the actual realized savings with the company if their findings were implemented. Based on the audit, the City has the potential to save approximately $29,166 annually. The proposed action approves a three year revenue share with Procure America at 50% of the actual realized savings from Frontier Communications. RECOMMENDATION: Staff recommends that the City Council take the following action: 1) Approve a three year revenue sharing arrangement with Procure America at 50% of the actual realized savings for telephone services from Frontier Communications. DISCUSSION: The City contracts with Frontier Communications (formerly Verizon) for telephone services. In looking at ways to reduce on-going costs, the City retained Procure America to conduct an in depth analysis and audit of our telephone bills. Through a deep forensic review Procure America was able to uncover unused or unneeded services, billing errors, and areas of savings going forward, including an opportunity to renegotiate a contract with Frontier Communications. This potentially will save the City approximately $29,166 annually, with the revenue share the savings to the City will be $14,583. The three year revenue share will be paid as the savings are realized. APPROVED COUNCIL MEETING 3/6/2017 Approve Revenue Sharing with Procure America March 6, 2017 Page 2 FISCAL IMPACT: Based on the implementation of the audit findings, there is an opportunity to save approximately $29,166 annually. After sharing the savings with Procure America, the City should realize a savings of $14,583 a year. Prepared by: Fiscal Impact Reviewed by: Ann Graf Talika M. Johnson Director of Information Technology Director of Finance and Library Services Reviewed and Approved: Reviewed and Approved: Louie F. Lacasella Troy L. Butzlaff, ICMA-CM Management Analyst City Manager