Approve $118,000 contract for pension forecasting software

Labor & City WorkersContracts

$118,000

In Plain English

The city needs specialized software to predict future pension and retiree healthcare costs. GovInvest Inc. provides forecasting models that help cities plan their budgets years ahead. The 3-year contract costs $118,000 total, or about $39,000 per year.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Eduardo MartinezSeconded by: Ada Recinos
Passed

6 to 0

Thomas K. ButtAye
Ben ChoiAye
Eduardo MartinezAye
Jael MyrickAye
Ada RecinosAye
Melvin WillisAye
Jovanka BecklesAbsent