18-0701_CHANDLER ASSET MANAGEMENT, INC._Report_Bid Recap luAlv
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BID RECAP REPORT
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Date: May 22, 2018
From: Michelle Short, Sr. Accountant
Service or Product Requested
( ) Informal Quotes ( ) Informal Bid (X) Formal Bid ( ) Sole Source
Bids/proposals were solicited from available, qualified firms for the above referenced
project. The following firm(s) were/was considered:
1. Chandler Asset Management, Inc.
2. PFM Asset Management, LLC
3. Time Value Investments
After evaluating the bids/proposals submitted, it is our recommendation that the contract
be awarded to Certified Records Management in an amount, not to exceed $210,000 for
a 5 year term.
This vendor was selected because: their qualifications, experience, and level of
services.
If bids were not received, document what steps were taken to obtain quotes, any
vendors contacted that declined to bid, and if applicable why it is not practical to receive
three quotes.
n/a
If Sole Source purchase or contract, provide detailed justification for this selection:
n/a
If applicable, date approved by City Council: June 19, 2018.