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HomeMy WebLinkAboutAGENDA REPORT 2020 0219 REG CCSA ITEM 10DCITY OF MOORPARK, 
CALIFORNIA City Council Meeting of February 19, 2020 ACTION Approved Staff Recommendation. BY B.Garza. D. Consider an Agreement with Bartel Associates, LLC for Other Post-Employment Benefits Actuarial Valuation Services. Staff Recommendation: Approve Agreement with Bartel Associates, LLC; and authorize the City Manager to execute the Agreement, subject to the final language approval by the City Manager and City Attorney. (Staff: Kambiz Borhani) Item: 10.D. MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: Kambiz Borhani, Finance Director BY: Teri Davis, Program Manager DATE: 02/19/2020 Regular Meeting SUBJECT: Consider an Agreement with Bartel Associates, LLC for Other Post- Employment Benefits Actuarial Valuation Services BACKGROUND In June 2004, the Government Accounting Standards Board (GASB) issued Statement No. 45, the required governmental entities to recognize the cost of Other Post- Employment Benefits (OPEB) when they are earned (while employees are working), rather than when they are paid (after employees retire). GASB 45 applied to employers’ financial statements and it required valuation report be prepared at least every three years. On June 2, 2015, GASB issued new OPEB standards, Statement No. 75, requiring the recognition and measurement of liabilities, expenditures, and deferred outflows/inflows of resources regarding OPEB obligations now be presented on the employer’s financial statements. On November 21, 2007, the City of Moorpark (“City”) issued a Request for Proposal and sent it to nine qualified actuarial firms for a response. Only two firms replied. On April 9, 2008, the City entered into a contract with Bartel Associates, LLC (Bartel) to provide actuarial consulting services for retirements and other benefits including valuations needed for GASB 45. Bartel has been performing these complex valuation services for the City since that time, and their new engagement letter covers the six- year period of 2019/20 through 2024/25 fiscal years for a not-to-exceed amount of $46,300. DISCUSSION Bartel provides quality and cost-effective actuarial consulting services to public agencies. Bartel has completed GASB 75 studies for approximately 400 California Item: 10.D. 332 Honorable City Council 02/19/2020 Regular Meeting Page 2 cities, counties, and special districts and are considered experts in this field. Bartel also provides actuarial valuation, consulting, and advisory services to large and small retirement systems, including consulting services for agencies participating in CalPERS. The original agreement was approved by the City Council at its February 20, 2008, meeting. Subsequent amendments were not brought to City Council for approval because the not-to-exceed amounts were within City Manager’s administrative authority; however, the agreements have been reported to City Council in the past on the City Manager or Designee Approved Contracts report. The cumulative not-to- exceed amounts of all Bartel agreements going back to 2008 is over $50,000 and staff is now requesting City Council’s approval to execute the $46,300 six-year agreement with Bartel. The bidding process for this project was waived in compliance with Resolution No. 2019-3829 Section 4.B. because the purchasing agent determined the service can be performed competently and cost-effectively by Bartel. FISCAL IMPACT Funding for FY 2019/20 is already included in the City Council Adopted Budget. Future years’ appropriations will be recommended by the City Manager in prospective budgets. COUNCIL GOAL COMPLIANCE This action does not support a current strategic directive. STAFF RECOMMENDATION Approve Agreement with Bartel Associates, LLC; and authorize the City Manager to execute the Agreement, subject to the final language approval by the City Manager and City Attorney. Attachment: Agreement 333 ATTACHMENT PROFESSIONAL SERVICES AGREEMENT BETWEEN THE CITY OF MOORPARK AND BARTEL ASSOCIATES, LLC FOR ACTUARIAL SERVICES THIS AGREEMENT, made and effective as of this _____ day of ________________________, 2020, between the City of Moorpark, a municipal corporation (“City”) and Bartel Associates, LLC a Limited Liability Company (“Consultant”). In consideration of the mutual covenants and conditions set forth herein, the parties agree as follows: WHEREAS, City has the need for OPEB GASBS 75 Actuarial Valuation Fee Estimation, Data Request and other actuarial services; and WHEREAS, Consultant specializes in providing such services and has the proper work experience, certifications, and background to carry out the duties involved; and WHEREAS, Consultant has submitted to City a Proposal dated October 18, 2019, which is attached hereto as Exhibit C. NOW, THEREFORE, in consideration of the mutual covenants, benefits, and premises herein stated, the parties hereto agree as follows: 1. TERM The term of this Agreement shall be from the date of execution to June 30, 2025, unless this Agreement is terminated or suspended pursuant to this Agreement. 2. SCOPE OF SERVICES City does hereby retain Consultant, as an independent contractor, in a contractual capacity to provide actuarial services, as set forth in Exhibit C. In the event there is a conflict between the provisions of Exhibit C and this Agreement, the language contained in this Agreement shall take precedence. Consultant shall perform the tasks described and set forth in Exhibit C. Consultant shall complete the tasks according to the schedule of performance which is also set forth in Exhibit C. Compensation for the services to be performed by Consultant shall be in accordance with Exhibit C. Compensation shall not exceed the rates or total contract value forty-six thousand three hundred dollars ($46,300) as stated in Exhibit C, without a written Amendment to the Agreement executed by both parties. Payment by City to Consultant shall be in accordance with the provisions of this Agreement. 334 3. PERFORMANCE Consultant shall at all times faithfully, competently and to the best of their ability, experience, standard of care, and talent, perform all tasks described herein. Consultant shall employ, at a minimum, generally accepted standards and practices utilized by persons engaged in providing similar services as are required of Consultant hereunder in meeting its obligations under this Agreement. 4. MANAGEMENT The individual directly responsible for Consultant’s overall performance of the Agreement provisions herein above set forth and to serve as principal liaison between City and Consultant shall be Deanna Van Valer, and no other individual may be substituted without the prior written approval of the City Manager. The City’s contact person in charge of administration of this Agreement, and to serve as principal liaison between Consultant and City, shall be the City Manager or the City Manager’s designee. 5. PAYMENT Taxpayer ID or Social Security numbers must be provided by Consultant on an IRS W -9 form before payments may be made by City to Consultant. The City agrees to pay Consultant monthly, in accordance with the payment rates and terms and the schedule of payment as set forth in Exhibit C, based upon actual time spent on the above tasks. This amount shall not exceed forty-six thousand three hundred dollars ($46,300) for the total term of the Agreement unless additional payment is approved as provided in this Agreement. Consultant shall not be compensated for any services rendered in connection with its performance of this Agreement, which are in addition to those set forth herein, unless such additional services and compensation are authorized, in advance, in a written amendment to this Agreement executed by both parties. The City Manager, if authorized by City Council, may approve additional work not to exceed ten percent (10%) of the amount of the Agreement. Consultant shall submit invoices monthly for actual services performed. Invoices shall be submitted on or about the first business day of each month, or as soon thereafter as practical, for services provided in the previous month. Payment shall be made within thirty (30) days of receipt of each invoice as to all non-disputed fees. Any expense or reimbursable cost appearing on any invoice shall be accompanied by a receipt or other documentation subject to approval of the City Manager or the City Manager’s designee. If the City disputes any of Consultant’s fees or expenses, City shall give written notice to Consultant within thirty (30) days of receipt of any disputed fees set forth on the invoice. Bartel Associates, LLC Page 2 of 15 335 6. TERMINATION OR SUSPENSION WITHOUT CAUSE The City may at any time, for any reason, with or without cause, suspend, or terminate this Agreement, or any portion hereof, by serving upon the Consultant at least ten (10) days prior written notice. Upon receipt of said notice, the Consultant shall immediately cease all work under this Agreement, unless the notice provides otherwise. If the City suspends or terminates a portion of this Agreement, such suspension or termination shall not make void or invalidate the remainder of this Agreement. The Consultant may terminate this Agreement only by providing City with written notice no less than thirty (30) days in advance of such termination. In the event this Agreement is terminated or suspended pursuant to this Section, the City shall pay to Consultant the actual value of the work performed up to the time of termination or suspension, provided that the work performed is of value to the City. Upon termination or suspension of the Agreement pursuant to this Section, the Consultant will submit an invoice to the City pursuant to this Agreement. 7. DEFAULT OF CONSULTANT The Consultant’s failure to comply with the provisions of this Agreement shall constitute a default. In the event that Consultant is in default for cause under the terms of this Agreement, City shall have no obligation or duty to continue compensating Consultant for any work performed after the date of default and can terminate or suspend this Agreement immediately by written notice to the Consultant. If such failure by the Consultant to make progress in the performance of work hereunder arises out of causes beyond the Consultant’s control, and without fault or negligence of the Consultant, it shall not be considered a default. If the City Manager or his/her designee determines that the Consultant is in default in the performance of any of the terms or conditions of this Agreement, he/she shall cause to be served upon the Consultant a written notice of the default. The Consultant shall have thirty (30) days after service upon it of said notice in which to cure the default by rendering a satisfactory performance. In the event that the Consultant fails to cure its default within such period of time, the City shall have the right, notwithstanding any other provision of this Agreement, to terminate this Agreement without further notice and without prejudice to any other remedy to which it may be entitled at law, in equity or under this Agreement. 8. LIQUIDATED DAMAGES There are no liquidated damages under this Agreement. 9. OWNERSHIP OF DOCUMENTS Consultant shall maintain complete and accurate records with respect to sales, costs, expenses, receipts, and other such information required by City that relate to the performance of services under this Agreement. Consultant shall maintain adequate Bartel Associates, LLC Page 3 of 15 336 records of services provided in sufficient detail to permit an evaluation of services. All such records shall be maintained in accordance with generally accepted accounting principles and shall be clearly identified and readily accessible. Consultant shall provide free access to the representatives of City or the City’s designees at reasonable times to such books and records; shall give the City the right to examine and audit said books and records; shall permit City to make transcripts therefrom as necessary; and shall allow inspection of all work, data, documents, proceedings, and activities related to this Agreement. Notification of audit shall be provided at least thirty (30) days before any such audit is conducted. Such records, together with supporting documents, shall be maintained for a period of three (3) years after receipt of final payment. Upon completion of, or in the event of termination or suspension without cause of this Agreement, all original documents, designs, drawings, maps, models, surveys, and other documents prepared in the course of providing the services to be performed pursuant to this Agreement shall become the sole property of the City and may be used, reused, or otherwise disposed of by the City without the permission of the Consultant. Consultant will provide to the City copies of all final reports and other deliverables in pdf, or other easily readable format. Consultant will make available to City working documents at the City’s request and in compliance with Consultant’s document release policy. 10. INDEMNIFICATION AND HOLD HARMLESS Indemnity for professional liability: When the law establishes a professional standard of care for Consultant’s Services, to the fullest extent permitted by law, Consultant shall indemnify, protect, defend and hold harmless City and any and all of its officials, employees, and agents (“Indemnified Parties”) from and against any and all losses, liabilities, damages, costs and expenses, including legal counsels’ fees and costs to the extent same are caused in whole or in part by any negligent or wrongful act, error or omission of Consultant, its officers, agents, employees or subconsultants (or any agency or individual that Consultant shall bear the legal liability thereof) in the performance of professional services under this Agreement. Indemnity for other than professional liability: Other than in the performance of professional services and to the full extent permitted by law, Consultant shall indemnify, protect, defend and hold harmless City, and any and all of its officials, employees, and agents from and against any liability (including liability for claims, suits, actions, arbitration proceedings, administrative proceedings, regulatory proceedings, losses, expenses or costs of any kind, whether actual, alleged or threatened, including legal counsels’ fees and costs, court costs, interest, defense costs, and expert witness fees), where the same arise out of, are a consequence of, or are in any way attributable to, in whole or in part, the performance of this Agreement by Consultant or by any individual or agency for which Consultant is legally liable, including but not limited to officers, agents, employees or subcontractors of Consultant. Consultant agrees to obtain executed indemnity agreements with provisions identical to those set forth here in this Section from each and every subcontractor, or any other person or entity involved by, for, with, or on behalf of Consultant in the Bartel Associates, LLC Page 4 of 15 337 performance of this Agreement. In the event Consultant fails to obtain such indemnity obligations from others as required here, Consultant agrees to be fully responsible according to the terms of this Section. Failure of City to monitor compliance with these requirements imposes no additional obligations on City and will in no way act as a waiver of any rights hereunder. This obligation to indemnify and defend City as set forth here is binding on the successors, assigns, or heirs of Consultant and shall survive the termination of this Agreement or this Section. City does not and shall not waive any rights that it may have against Consultant by reason of this Section, because of the acceptance by City, or the deposit with City, of any insurance policy or certificate required pursuant to this Agreement. The hold harmless and indemnification provisions shall apply regardless of whether or not said insurance policies are determined to be applicable to any losses, liabilities, damages, costs, and expenses described in this Section. 11. INSURANCE Consultant shall maintain prior to the beginning of and for the duration of this Agreement insurance coverage as specified in Exhibit A attached hereto and incorporated herein by this reference as though set forth in full. 12. INDEPENDENT CONSULTANT Consultant is and shall at all times remain as to the City a wholly independent Contractor. The personnel performing the services under this Agreement on behalf of Consultant shall at all times be under Consultant’s exclusive direction and control. Neither City nor any of its officers, employees, or agents shall have control over the conduct of Consultant or any of Consultant’s officers, employees, or agents, except as set forth in this Agreement. Consultant shall not at any time or in any manner represent that it or any of its officers, employees, or agents are in any manner officers or employees, or agents of the City except as set forth in this Agreement. Consultant shall not incur or have the power to incur any debt, obligation, or liability against City, or bind City in any manner. No employee benefits shall be available to Consultant in connection with the performance of this Agreement. Except for the fees paid to Consultant as provided in the Agreement, City shall not pay salaries, wages, or other compensation to Consultant for performing services hereunder for City. City shall not be liable for compensation or indemnification to Consultant for injury or sickness arising out of performing services hereunder. 13. LEGAL RESPONSIBILITIES The Consultant shall keep itself informed of local, state, and federal laws and regulations which in any manner affect those employed by it or in any way affect the performance of its service pursuant to this Agreement. The Consultant shall at all times observe and comply with all such laws and regulations, including but not limited to the Americans with Disabilities Act and Occupational Safety and Health Administration laws Bartel Associates, LLC Page 5 of 15 338 and regulations. The Consultant shall comply with and sign Exhibit B, the Scope of Work Requirement for Professional Services Agreements Compliance with California Government Code Section 7550, when applicable. The City, and its officers and employees, shall not be liable at law or in equity occasioned by failure of the Consultant to comply with this Section. 14. ANTI DISCRIMINATION Neither the Consultant, nor any subconsultant under the Consultant, shall discriminate in employment of persons upon the work because of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, or military and veteran status; or any other basis protected by applicable federal, state, or local law, except as provided in Section 12940 of the Government Code. Consultant shall have responsibility for compliance with this Section. 15. UNDUE INFLUENCE Consultant declares and warrants that no undue influence or pressure is used against or in concert with any officer or employee of the City in connection with the award, terms, or implementation of this Agreement, including any method of coercion, confidential financial arrangement, or financial inducement. No officer or employee of the City will receive compensation, directly or indirectly from Consultant, or any officer, employee, or agent of Consultant, in connection with the award of this Agreement or any work to be conducted as a result of this Agreement. Violation of this Section shall be a material breach of this Agreement entitling the City to any and all remedies at law or in equity. 16. NO BENEFIT TO ARISE TO LOCAL EMPLOYEES No member, officer, or employee of the City, or their designees or agents, and no public official who exercises authority over or responsibilities with respect to the Services during his/her tenure or for one year thereafter, shall have any interest, direct or indirect, in any agreement or sub-agreement, or the proceeds thereof, for work to be performed in connection with the Services performed under this Agreement. 17. CONFLICT OF INTEREST Consultant covenants that neither they nor any officer or principal of their firm have any interests, nor shall they acquire any interest, directly or indirectly, which will conflict in any manner or degree with the performance of their services hereunder. Consultant further covenants that in the performance of this Agreement, they shall employ no person having such interest as an officer, employee, agent, or subconsultant. Consultant further covenants that Consultant has not contracted with nor is performing any services directly or indirectly, with the developer(s) and/or property owner(s) and/or firm(s) and/or partnership(s) and/or public agency(ies) owning property and/or processing an entitlement application for property in the City or its Area of Interest, now or within the past one (1) year, and further covenants and agrees that Consultant and/or Bartel Associates, LLC Page 6 of 15 339 its subconsultants shall provide no service or enter into any contract with any developer(s) and/or property owner(s) and/or firm(s) and/or partnership(s) and/or public agency(ies) owning property and/or processing an entitlement application for property in the City or its Area of Interest, while under contract with the City and for a one (1) year time period following termination of this Agreement. 18. NOTICE Any notice to be given pursuant to this Agreement shall be in writing, and all such notices and any other document to be delivered shall be delivered by personal service or by deposit in the United States mail, certified or registered, return receipt requested, with postage prepaid, and addressed to the party for whom intended as follows: To: City Manager City of Moorpark 799 Moorpark Ave. Moorpark, CA 93021 To: Mary Elizabeth Redding, FSA Bartel Associates, LLC 411 Borel Avenue, Suite 101 San Mateo, CA 94402 Either party may, from time to time, by written notice to the other, designate a different address or contact person, which shall be substituted for the one above specified. Notices, payments and other documents shall be deemed delivered upon receipt by personal service or as of the third (3rd) day after deposit in the United States mail. 19. CHANGE IN NAME Should a change be contemplated in the name or nature of the Consultant's legal entity, the Consultant shall first notify the City in order that proper steps may be taken to have the change reflected in the Agreement documents. 20. ASSIGNMENT Consultant shall not assign this Agreement or any of the rights, duties, or obligations hereunder. It is understood and acknowledged by the parties that Consultant is uniquely qualified to perform the services provided for in this Agreement. 21. LICENSES At all times during the term of this Agreement, Consultant shall have in full force and effect, all licenses required of it by law for the performance of the services in this Agreement. Bartel Associates, LLC Page 7 of 15 340 22. VENUE AND GOVERNING LAW This Agreement is made, entered into, and executed in Ventura County, California, and any action filed in any court or for arbitration for the interpretation, enforcement or other action of the terms, conditions, or covenants referred to herein shall be filed in the applicable court in Ventura County, California. The City and Consultant understand and agree that the laws of the state of California shall govern the rights, obligations, duties, and liabilities of the parties to this Agreement and also govern the interpretation of this Agreement. 23. COST RECOVERY In the event any action, suit or proceeding is brought for the enforcement of, or the declaration of any right or obligation pursuant to this Agreement or as a result of any alleged breach of any provision of this Agreement, the prevailing party shall be entitled to recover its costs and expenses, including attorneys’ fees, from the losing party, and any judgment or decree rendered in such a proceeding shall include an award thereof. 24. ENTIRE AGREEMENT This Agreement and the Exhibits attached hereto contain the entire understanding between the parties relating to the obligations of the parties described in this Agreement. All prior or contemporaneous agreements, understandings, representations, and statements, oral or written, are merged into this Agreement and shall be of no further force or effect. Each party is entering into this Agreement based solely upon the representations set forth herein and upon each party’s own independent investigation of any and all facts such party deems material. 25. CAPTIONS OR HEADINGS The captions and headings of the various Articles, Paragraphs, and Exhibits of this Agreement are for convenience and identification only and shall not be deemed to limit or define the content of the respective Articles, Paragraphs, and Exhibits hereof. 26. AMENDMENTS Any amendment, modification, or variation from the terms of this Agreement shall be in writing and shall be effective only upon approval by both parties to this Agreement. 27. PRECEDENCE In the event of conflict, the requirements of the City’s Request for Proposal, if any, and this Agreement shall take precedence over those contained in the Consultant’s Proposal. Bartel Associates, LLC Page 8 of 15 341 28. INTERPRETATION OF AGREEMENT Should interpretation of this Agreement, or any portion thereof, be necessary, it is deemed that this Agreement was prepared by the parties jointly and equally, and shall not be interpreted against either party on the ground that the party prepared the Agreement or caused it to be prepared. 29. WAIVER No waiver of any provision of this Agreement shall be deemed, or shall constitute, a waiver of any other provision, whether or not similar, nor shall any such waiver constitute a continuing or subsequent waiver of the same provision. No waiver shall be binding unless executed in writing by the party making the waiver. 30. AUTHORITY TO EXECUTE The person or persons executing this Agreement on behalf of the Consultant warrants and represents that he/she has the authority to execute this Agreement on behalf of the Consultant and has the authority to bind Consultant to the performance of obligations hereunder. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed the day and year first above written. CITY OF MOORPARK BARTEL ASSOCIATES, LLC __________________________________ __________________________________ Troy Brown, City Manager Mary Elizabeth Redding, Vice President & Actuary Attest: __________________________________ Ky Spangler, City Clerk Bartel Associates, LLC Page 9 of 15 342 Exhibit A INSURANCE REQUIREMENTS Prior to the beginning of and throughout the duration of Work, Consultant will maintain insurance in conformance with the requirements set forth below. Consultant will use existing coverage to comply with these requirements. If that existing coverage does not meet requirements set forth here, Consultant agrees to amend, supplement, or endorse the existing coverage to do so. Consultant acknowledges that the insurance coverage and policy limits set forth in this section constitute the minimum amount of coverage required. Any insurance proceeds available to the City in excess of the limits and coverage required in this Agreement and which is applicable to a given loss, will be available to the City. Consultant shall provide the following types and amounts of insurance: Commercial General Liability Insurance using Insurance Services Office (ISO) “Commercial General Liability” policy form CG 00 01 or the exact equivalent. Defense costs must be paid in addition to limits. There shall be no cross liability exclusion for claims or suits by one insured against another. Limits are subject to review but in no event less than $1,000,000 per occurrence for all covered losses and no less than $2,000,000 general aggregate. Business Auto Coverage on ISO Business Auto Coverage form CA 00 01 including symbol 1 (Any Auto) or the exact equivalent. Limits are subject to review, but in no event to be less than $1,000,000 per accident. If Consultant owns no vehicles, this requirement may be satisfied by a non-owned auto endorsement to the general liability policy described above. If Consultant or Consultant’s employees will use personal autos in any way on this project, Consultant shall provide evidence of personal auto liability for each such person. Workers’ Compensation on a state-approved policy form providing statutory benefits as required by law with employer’s liability limits no less than $1,000,000 per accident or disease. Professional Liability or Errors and Omissions Insurance as appropriate shall be written on a policy form coverage specifically designed to protect against acts, errors or omissions of the Consultant and “Covered Professional Services” as designated in the policy must specifically include work performed under this Agreement. The policy limit shall be no less than $1,000,000 per claim and in the aggregate. The policy must “pay on behalf of” the insured and must include a provision establishing the insurer’s duty to defend. The policy retroactive date shall be on or before the effective date of this Agreement. Excess or Umbrella Liability Insurance (Over Primary) if used to meet limit requirements, shall provide coverage at least as broad as specified for the underlying coverages. Coverage shall be provided on a “pay on behalf” basis, with defense costs Bartel Associates, LLC Page 10 of 15 343 payable in addition to policy limits. Policy shall contain a provision obligating insurer at the time insured’s liability is determined, not requiring actual payment by the insured first. There shall be no cross liability exclusion precluding coverage for claims or suits by one insured against another. Coverage shall be applicable to the City for injury to employees of Consultant, subconsultants, or others involved in the Work. The scope of coverage provided is subject to approval by the City following receipt of proof of insurance as required herein. Limits are subject to review but in no event less than $2,000,000 aggregate. Insurance procured pursuant to these requirements shall be written by insurers that are admitted carriers in the State of California and with an A.M. Bests rating of A- or better and a minimum financial size of VII. General conditions pertaining to provision of insurance coverage by Consultant. Consultant and the City agree to the following with respect to insurance provided by Consultant: 1. Consultant agrees to have its insurer endorse the third party general liability coverage required herein to include as additional insureds the City, its officials, employees, and agents, using standard ISO endorsement CG 2010 and CG 2037 with edition acceptable to the City. Consultant also agrees to require all contractors and subcontractors to do likewise. 2. No liability insurance coverage provided to comply with this Agreement shall prohibit Consultant, or Consultant’s employees, or agents, from waiving the right to subrogation prior to a loss. Consultant agrees to waive subrogation rights against the City regardless of the applicability of any insurance proceeds, and to require all contractors and subcontractors to do likewise. 3. All insurance coverage and limits provided by Contractor and available or applicable to this Agreement are intended to apply to the full extent of the policies. Nothing contained in this Agreement or any other agreement relating to the City or its operation limits the application of such insurance coverage. 4. None of the coverages required herein will be in compliance with these requirements if they include limiting endorsement of any kind that has not been first submitted to the City and approved in writing. 5. No liability policy shall contain any provision or definition that would serve to eliminate so-called “third party action over” claims, including any exclusion for bodily injury to an employee of the insured or of any contractor or subcontractor. 6. All coverage types and limits required are subject to approval, modification, and additional requirements by the City, as the need arises. Consultant shall not make any reductions in scope of coverage (e.g. elimination of contractual liability or reduction of discovery period) that may affect the City’s protection without the City’s prior written consent. Bartel Associates, LLC Page 11 of 15 344 7. Proof of compliance with these insurance requirements, consisting of certificates of insurance evidencing all of the coverages required and an additional insured endorsement to Consultant’s general liability policy, shall be delivered to city at or prior to the execution of this Agreement. In the event such proof of any insurance is not delivered as required, or in the event such insurance is canceled or reduced at any time and no replacement coverage is provided, the City has the right, but not the duty, to obtain any insurance it deems necessary to protect its interests under this or any other Agreement and to pay the premium. Any premium so paid by the City shall be charged to and promptly paid by Consultant or deducted from sums due Consultant, at the City’s option. 8. Certificate(s) are to reflect that the insurer will provide thirty (30) days notice to the City of any cancellation or reduction of coverage. Consultant agrees to require its insurer to modify such certificates to delete any exculpatory wording stating that failure of the insurer to mail written notice of cancellation or reduction of coverage imposes no obligation, or that any party will “endeavor” (as opposed to being required) to comply with the requirements of the certificate. 9. It is acknowledged by the parties of this Agreement that all insurance coverage required to be provided by Consultant or any subcontractor, is intended to apply first and on a primary, non-contributing basis in relation to any other insurance or self-insurance available to the City. 10. Consultant agrees to ensure that subcontractors, and any other party involved with the Work who is brought onto or involved in the Work by Consultant, provide the same minimum insurance required of Consultant. Consultant agrees to monitor and review all such coverage and assumes all responsibility for ensuring that such coverage is provided in conformity with the requirements of this section. Consultant agrees that upon request, all agreements with subcontractors and others engaged in the Work will be submitted to the City for review. 11. Consultant agrees not to self-insure or to use any self-insured retentions or deductibles on any portion of the insurance required herein and further agrees that it will not allow any contractor, subcontractor, Architect, Engineer, or other entity or person in any way involved in the performance of Work contemplated by this Agreement to self-insure its obligations to the City. If Consultant’s existing coverage includes a deductible or self-insured retention, the deductible or self- insured retention must be declared to the City. At that time, the City shall review options with the Consultant, which may include reduction or elimination of the deductible or self-insured retention, substitution of other coverage, or other solutions. 12. The City reserves the right at any time during the term of the Agreement to change the amounts and types of insurance required by giving the Consultant ninety (90) days advance written notice of such change. If such change results in substantial additional cost to the Consultant, the City will negotiate additional compensation proportional to the increased benefit to the City. Bartel Associates, LLC Page 12 of 15 345 13. For purposes of applying insurance coverage only, this Agreement will be deemed to have been executed immediately upon any party hereto taking any steps that can be deemed to be in furtherance of or towards performance of this Agreement. 14. Consultant acknowledges and agrees that any actual or alleged failure on the part of the City to inform Consultant of non-compliance with an insurance requirement in no way imposes any additional obligations to the City nor does it waive any rights hereunder in this or any other regard. 15. Consultant will renew the required coverage annually as long as the City, or its employees or agents face an exposure from operations of any type pursuant to this Agreement. This obligation applies whether or not the Agreement is canceled or terminated for any reason. Termination of this obligation is not effective until the City executes a written statement to that effect. 16. Consultant shall provide proof that policies of insurance required herein expiring during the term of this Agreement have been renewed or replaced with other policies providing at least the same coverage. Proof that such coverage has been ordered shall be submitted prior to expiration. A coverage binder or letter from Consultant’s insurance agent to this effect is acceptable. A certificate of insurance and/or additional insured endorsement as required in these specifications applicable to the renewing or new coverage must be provided to the City within five days of the expiration of coverage. 17. The provisions of any Workers’ Compensation or similar act will not limit the obligations of Consultant under this Agreement. Consultant expressly agrees not to use any statutory immunity defenses under such laws with respect to the City, its employees, officials and agents. 18. Requirements of specific coverage features or limits contained in this section are not intended as limitations on coverage, limits, or other requirements nor as a waiver of any coverage normally provided by any given policy. Specific reference to a given coverage feature is for purposes of clarification only as it pertains to a given issue, and is not intended by any party or insured to be limiting or all- inclusive. 19. These insurance requirements are intended to be separate and distinct from any other provision in this Agreement and are intended by the parties here to be interpreted as such. 20. The requirements in this section supersede all other sections and provisions of this Agreement to the extent that any other section or provision conflicts or impairs the provisions of this section. 21. Consultant agrees to be responsible for ensuring that no contract used by any party involved in any way with the Work reserves the right to charge the City or Consultant for the cost of additional insurance coverage required by this Bartel Associates, LLC Page 13 of 15 346 Agreement. Any such provisions are to be deleted with reference to the City. It is not the intent of the City to reimburse any third party for the cost of complying with these requirements. There shall be no recourse against the City for payment of premiums or other amounts with respect thereto. 22. Consultant agrees to provide immediate notice to City of any claim or loss against Consultant arising out of the work performed under this Agreement. The City assumes no obligation or liability by such notice, but has the right (but not the duty) to monitor the handling of any such claim or claims if they are likely to involve the City. Bartel Associates, LLC Page 14 of 15 347 Exhibit B CITY OF MOORPARK Scope of Work Requirement for Professional Services Agreements Compliance with California Government Code Section 7550 Consultant shall sign and include this page in any document or written reports prepared by Consultant for the City of Moorpark (City) to which California Government Code Section 7550 (Government Code § 7550) applies. Government Code §7550 reads: “(a) Any document or written report prepared for or under the direction of a state or local agency, that is prepared in whole or in part by nonemployees of the agency, shall contain the numbers and dollar amounts of all contracts and subcontracts relating to the preparation of the document or written report; if the total cost for the work performed by nonemployees of the agency exceeds five thousand dollars ($5,000). The contract and subcontract numbers and dollar amounts shall be contained in a separate section of the document or written report. (b) When multiple documents or written reports are the subject or product of the contract, the disclosure section may also contain a statement indicating that the total contract amount represents compensation for multiple documents or written reports.” For all Professional Services Agreement with a total dollar value in excess of $5,000, a signed and completed copy of this form must be attached to all documents or completed reports submitted to the City pursuant to the Scope of Work. Does the dollar value of this Professional Services Agreement exceed $5,000?  Yes  No If yes, then the following information must be provided in compliance with Government Code § 7550: 1. Dollar amount of Agreement/Contract: $ ____________ 2. Dollar amount of Subcontract: $ ____________ 3. Does the total contract amount represent compensation for multiple documents or written reports?  Yes  No I have read the foregoing Code section and will comply with Government Code §7550. BARTEL ASSOCIATES, LLC __________________________________ ______________________ Mary Elizabeth Redding, Vice President & Actuary Date Bartel Associates, LLC Page 15 of 15 348 411 Borel Avenue, Suite 101  San Mateo, California 94402 main: 650/377-1600  fax: 650/345-8057  web: www.bartel-associates.com October 18, 2019 Kambiz Borhani Finance Director City of Moorpark 799 Moorpark Avenue Moorpark, CA 93021 Re: OPEB GASBS 75 Actuarial Valuation Fee Estimate & Data Request Dear Mr. Borhani: Bartel Associates would be pleased to provide the City of Moorpark actuarial consulting services. This letter summarizes the project scope and our fee estimate for the June 30, 2019, June 30, 2021, and June 30, 2023 actuarial valuations of the City’s retiree healthcare plan. These valuations will provide the City with financial information for its OPEB plan for the 6-year period 2019/20 through 2024/25 fiscal years. Background Bartel Associates prepared a June 30, 2017 OPEB funding valuation which calculated the actuarially determined contribution (ADC) for the 2017/18 & 2018/19 fiscal years, and provided the basis for GASBS 75 accounting information for fiscal 2017/18 and 2018/19. The new June 30, 2019 valuation will provide the City a “funding report” suitable for CERBT’s requirements, with the Plan’s June 30, 2019 funded status and recommended contributions (ADC) for the 2019/20 and 2020/21 fiscal years. We will also prepare 2 separate GASBS 75 reports with accounting information for the 2019/20 and 2020/21 fiscal years. These reports will include all actuarial information necessary for GASBS 75 including Notes, RSI, supporting exhibits and calculations, and journal entries. We believe issuing separate reports for funding and accounting improves clarity. The following 2 valuations as of June 30, 2021 and June 30, 2023 will provide the recommended contributions (ADC) for 2021/22 and 2022/23, and 2023/24 and 2024/25, respectively. The related GASBS 75 accounting information will be for the same fiscal years, 2021/22 through 2024/25. Fees/Timing Below we propose a basic valuation with the option to add services for a full consulting valuation: •Basic Valuation – includes all information required to comply with GASBS 75, as well as a summary of the plan provisions, census data, actuarial methods and assumptions, plan liabilities as of the valuation date, and the actuarially determined contributions for 2 years and preparation of all required CERBT forms . It does not include a meeting, but we will review the report with you over the phone. The GASBS 75 accounting report will include journal entries, following the California Committee Exhibit C 349 Kambiz Borhani October 18, 2019 Page 2 411 Borel Avenue, Suite 101  San Mateo, California 94402 main: 650/377-1600  fax: 650/345-8057  web: www.bartel-associates.com on Municipal Accounting (CCMA) White Paper. Project Approximate Start/Completion Date (for the 1st valuation as of June 30, 2019)* 6/30/19 Valuation 6/30/21 Valuation 6/30/23 Valuation Fees Fees Fees Basic valuation report, including funded status and recommended contributions for 2 years October 2019/ December 2019 9,000 9,600 10,200 GASBS 75 accounting report for fiscal year beginning on the valuation date July 2020/ August 2020 2,400 2,800 3,200 GASBS 75 accounting report for fiscal year beginning 1 year from the valuation date (based on the valuation rolled forward 1 year to the measurement date) July 2021/ August 2021 2,700 3,000 3,400 Subtotal for each 2-year valuation cycle $14,100 $15,400 $16,800 Total for 6 years $46,300 *Timing for the 2 subsequent valuations would be similar  Option: Consulting Valuation – includes an in-person meeting at the City focusing on understanding the plan’s funded status and planning for its financial management. The meeting and report would include: • Review of funding and GASBS 75 valuation reports • Discussion of City’s funding policy and projected contributions • Historical valuation results and demographic information • Historical asset information including returns • Gain and loss analysis with changes in the Actuarial Accrued Liability since the prior valuation; • Funded status and recommended contribution levels • Results provided separately for cash benefits versus the implied subsidy • 10-year projection of benefit payments and recommended contributions • Statistical comparison of City results with other Bartel Associates OPEB valuations • Detailed participant statistics, including summary of healthcare plan and coverage elections • Summary of upcoming OPEB and CalPERS issues. The in-person meeting can be with City staff to review the initial valuation results, or, at the City’s option, we can review preliminary results over the phone and instead present the valuation results in person to the City Council. 350 Kambiz Borhani October 18, 2019 Page 3 411 Borel Avenue, Suite 101  San Mateo, California 94402 main: 650/377-1600  fax: 650/345-8057  web: www.bartel-associates.com A consulting valuation mirrors the services we have provided in some previous valuations. The additional fee for a full consulting valuation is • $2,000 for the 6/30/19 valuation • $2,200 for the 6/30/21 valuation • $2,400 for the 6/30/23 valuation. The City may choose the consulting option for any or none of the 3 valuations. We will bill the City monthly for project progress. The following rates change annually and apply to any out of scope work: Position 2019 Hourly Rates Partner & Vice President (Redding) $ 290 Assistant Vice President (Van Valer) 260 Associate Actuary 210 Senior Actuarial Analyst 190 Actuarial Analyst 155 Our fee quote for each valuation assumes:  The City has made no changes to its retiree healthcare plan, healthcare providers (CalPERS), or funding policy to contribute the full ADC (Actuarially Determined Contribution) since the last actuarial valuation as of June 30, 2017. Changes in benefit provisions or health care providers will likely incur additional fees at least in the year of the change.  Participant census data requested will be provided completely and accurately in an Excel workbook with one record per participant. All plan, financial, and census information requested will be provided and be internally consistent.  There will be no additional charges for expenses (e.g., travel, telephone, copying, etc.). The hourly rates above include our costs for these items.  Please note that our fees will be higher if substantial plan changes occur which preclude the use of the valuation for GASBS 75 disclosure information in the 2nd year. Please note that our fee estimate will be higher if:  Any of the above conditions are not met.  Results are needed separately for employee groups.  Results are needed for additional assumptions, funding methods, contribution policies, or alternative plan designs.  The City requests additional meetings.  The City requests assistance with footnotes under GASBS 75 beyond our GASBS 75 report (which will contain all actuarial related information needed for footnotes). 351 Kambiz Borhani October 18, 2019 Page 4 411 Borel Avenue, Suite 101  San Mateo, California 94402 main: 650/377-1600  fax: 650/345-8057  web: www.bartel-associates.com Data Requirements In order for us to begin the June 30, 2019 OPEB valuation, we will need the following information: General Information  Summary of any changes in OPEB plan provisions.  Copies of the most recent MOUs for bargained employee groups and agreements for unrepresented groups if that information is not available on the City’s website.  The City’s most current CalPERS PEMHCA resolution(s), if different from that provided for the June 30, 2017 valuation.  CERBT June 30, 2019 trust statement including contributions and dates made. Participant Census Data  We recommend the City request a copy of its June 30, 2019 CalPERS PEMHCA data extract to use as the basis of the census data. You can email CalPERS at CERBT4U@calpers.ca.gov with the desired date of the extract. Once you have the data extract, you should make the following updates to the files: 1. Add a note to indicate any retirees and actives who are not eligible to participate in the City’s retiree healthcare plan, for example, if retirees did not retire directly from the City, or seasonal or part-time workers not eligible for PEMHCA benefits. 2. If not already in the active data file, include a column indicating the pension plan tier/formula (e.g. 2%@55, 2%@62, etc.). 3. Add a column for PERSable compensation (annual 17/18 paid, or a current hourly, biweekly, or monthly rate of pay) into the active file, and indicate what period it covers.  Overall, the files should contain the following information: • Active Employee Data - name, employee number (not Social Security number), gender, birth date, hire date, medical plan, single/2-party/family coverage, CalPERS pension plan tier (e.g. 2%@55, 2%@62, etc.), total CalPERS service including service at other agencies (if available), City service, and annualized PERSable compensation. Indicate the pay period for the compensation reported. Include any active employees who have waived healthcare coverage. • Retiree Data - name, employee number (not Social Security number), gender, birth date, hire date, retirement type (service retirement, disability retirement, surviving spouse), retirement date, medical plan, single/2-party/family coverage, spouse's birth date (if available), Medicare coverage indicator, portion of premium paid by the City, and portion of premium paid by the retiree. Include any retirees or surviving spouses of retirees who have waived coverage.  Regarding the census data, please note: • The census data provided should be a snapshot of active employees and retirees as of the June 30, 2019 valuation date. • In order to maintain confidentiality, please do not provide Social Security numbers for the employee number. 352 Kambiz Borhani October 18, 2019 Page 5 411 Borel Avenue, Suite 101  San Mateo, California 94402 main: 650/377-1600  fax: 650/345-8057  web: www.bartel-associates.com • Our fee estimate assumes that the City will merge and reconcile all data files and provide one census file with one complete record for each employee and eligible retiree (employee- subscriber) in an Excel workbook. If the City needs our help to merge and reconcile data, our fees will be higher. • In lieu of individual PERSable compensation, the City can provide the current average PERS pay rate for employees and for each bargaining unit or employee group if results are needed by employee group. Indicate the pay period for the compensation reported. GASBS 75 Accounting Report Data We will begin working on the 2019 valuation before we receive the following information.  Fiscal year end June 30, 2020 GASBS 75 Accounting Report Information • Covered employee payroll for fiscal year 2019/20 – the total payroll (gross W-2 Medicare wages) for all employees who could be eligible for OPEB benefits (including those terminated or retired during the fiscal year). • OPEB retiree pay-as-you-go costs (retiree health insurance subsidy paid by City) and administrative expenses (PEMHCA, CERBT, or other) paid by the City during fiscal year 2019/20. Indicate portion of payments, if any, that were reimbursed by the trust. • Employer contribution made to the trust during fiscal year 2019/20.  Fiscal year end June 30, 2021 GASBS 75 Accounting Report Information • Covered employee payroll for fiscal year 2020/21 – the total payroll (gross W-2 Medicare wages) for all employees who could be eligible for OPEB benefits (including those terminated or retired during the fiscal year). • OPEB retiree pay-as-you-go costs (retiree health insurance subsidy paid by City) and administrative expenses (PEMHCA, CERBT, or other) made during fiscal year 2020/21. Indicate portion of payments, if any, that were reimbursed by the trust. • Employer contribution made to the trust during fiscal year 2020/21. • Confirm no substantial changes to the retiree medical benefits or OPEB trust since the prior year. • Participant head counts (actives, retirees, and waived retirees) as of June 30, 2020 (measurement date), if available. We may need additional data depending on our review of the City's retiree medical plan design. We will provide separate additional data requests for the June 30, 2021 and June 30, 2023 valuations. 353 Kambiz Borhani October 18, 2019 Page 6 411 Borel Avenue, Suite 101  San Mateo, California 94402 main: 650/377-1600  fax: 650/345-8057  web: www.bartel-associates.com Timing Normally, the valuation results meeting is set about 6-8 weeks after we receive all the requested information and the City replies to any questions we may have after our initial data review. Please let us know your required timing for receipt of the 2020 GASBS 75 report; we’ll work with you to meet your schedule. We look forward to continue working with you and the City. Please call or email me (mbredding@bartel-associates.com; 650-377-1617) or Deanna Van Valer (dvanvaler@bartel- associates.com; 650-377-1612) with any questions. Sincerely, Mary Elizabeth Redding, FSA Vice President & Actuary c: Deanna Van Valer, Bartel Associates, LLC Irmina Lumbad, City of Moorpark O:\Clients\City of Moorpark\Proposals\2019\BA MoorparkCi 19-10-18 OPEB GASB 75 fee letter 6 years.docx 354