File #: 22-1562   
Type: Payment Ordinance Status: Adopted
Meeting Body: City Council Formal Meeting
On agenda: 11/2/2022 Final action: 11/2/2022
Title: Levi, Ray & Shoup, Inc.

Title

Levi, Ray & Shoup, Inc.

 

Description

For $62,763.99 in additional payment authority under Contract 103651 for annual system maintenance costs for the Retirement Department. The costs are for the public safety portion of the system only. The increased spending authority is necessary as the annual maintenance costs for this system are dependent on many factors such as the number of active-retired employees and basic system support required. The annual maintenance costs were approved by the Phoenix Fire and Police Local Retirement Boards at their Oct. 4, 2022, board meeting.