Title
Financial Literacy Training and Coaching Services Qualified Vendors List - RFQu-22-EDU/BWDD-70 (Ordinance S-49421)
Description
Request to authorize the City Manager, or his designee, to approve a Qualified Vendors List (QVL) and enter into agreements with responsive offerors, on an as needed basis, to provide financial literacy training and coaching services to families enrolled in the Head Start Birth to Five Program and participants of the Business and Workforce Development programs for a five-year period. The aggregate value of the contracts will not exceed $400,000. Further request to authorize the City Controller to disburse all funds related to this item.
Report
Summary
The Human Services Department has a rich history of providing a comprehensive array of education and social service programs to help people reach their highest level of self-sufficiency. The goal behind teaching financial literacy is to help people develop a stronger understanding of basic financial concepts so they can make informed financial decisions. The consultants will provide financial literacy and coaching to participants enrolled in programs administered by the Education and Business and Workforce Development divisions. This service will improve the financial well-being of participants by providing access to financial education and building financial empowerment through training and coaching.
For the Education Division, consultants will partner with families enrolled in the Head Start Birth to Five Program that need assistance in basic money management, personal finance, credit, savings, insurance, etc., and will create a financial plan that reflects their goals and helps build a foundation for economic mobility. The Division anticipates 345 families to be served yearly.
For the Business and Workforce Development Division, consultants will provide financial literacy training and coaching to adults, dislocated workers, and youth service program enrollees. The Division anticipates 260 families to be served yearly.
Procurement Information
A Request for Qualifications procurement was conducted in accordance with Administrative Regulation 3.10.
Four proposals were received on Dec. 2, 2022. All were deemed responsive and responsible to the solicitation requirements. The procurement officer evaluated the offers using a pass/fail evaluation matrix under the following criteria:
- Company History and Relevant Background
- Method of Approach and Training Implementation
- Experience and Qualifications of Proposed Staff
- Pricing
The following offerors met all solicitation criteria and are recommended to be added to the QVL:
- Change in Motion, LLC
- Gervonni Cares, Inc.
- Global Investment Company
- Phase Consulting Partners, LLC
Contract Term
The QVL will be in effect on or about Feb. 1, 2023, for a five-year term with no options to extend.
Financial Impact
Expenditures shall not exceed $400,000 over the life of the contracts. Funding for Head Start is available from the U.S. Department of Health and Human Services, Administration of Children, Youth and Families. Funding for Business and Workforce Development is available from the Workforce Innovation and Opportunity Act. No additional General Funds are required.
Concurrence/Previous Council Action
On Dec. 13, 2021, the Head Start Birth to Five Policy Council approved the request to release Financial Literacy Training and Coaching Services Request for Qualifications.
Department
Responsible Department
This item is submitted by Deputy City Manager Gina Montes and the Human Services Department.