Agmt19 Bartel Associates, LLC - Laserfiche WebLink

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EXHIBIT A SCOPE OF SERVICES AND COMPENSATION 1. Actuarial Valuation Provide a June 30, 2019 actuarial valuation funding report for the City's retiree healthcare plan, which includes the liabilities and funded status as of June 30, 2019, and recommended contributions for the 2019/20 and 2020/21 fiscal years. The valuation will include a meeting with the City to review the plan provisions, census data, actuarial methods and assumptions, and valuation results. The discussion outline for the meeting will include: § 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; § 10 -year projection of contributions and benefit payments; § Results provided separately for Safety and Miscellaneous groups and'fdr 8 employee groups; § Statistical comparison of City results with other Bartel Associates OPEB valuations; § Detailed participant statistics, including summary of healthcare plan and coverage elections; and § Summary of upcoming OPEB and CaIPERS issues. 2. Accounting Reports Provide GASBS 75 accounting information reports for fiscal years ending June 30, 2020, and June 30, 2021, based on a roll -forward of the June 30, 2019 actuarial valuation. The reports will contain all actuarial information needed for the financial statement disclosures under GASBS 75. Fees Consultant's fee to prepare the June 30, 2019 funding valuation will be based on its hourly rates for an estimated amount of $17,500, including a meeting with the City to review the valuation results. If the valuation requires additional time, the Consultant agrees not to exceed a total of $19,000 for the June 30, 2019 valuation, unless the project scope changes and the agreement is amended. Consultant will prepare the GASB 75 accounting information reports for the fiscal years ending June 30, 2020 and 2021, based on the June 30, 2019 actuarial valuation. Based on its hourly rates, Consultant's estimated fee to prepare the June 30, 2020 and June 30, 2021 GASB 75 accounting reports is $2,000 each for a total estimated fee of $4,000. If the reports require additional time, the Consultant agrees not to exceed a total of $3,000 for each of the June 30, 2020 and June 30, 2021 reports, unless the project scope changes and the agreement is amended. REV: 04-02-19 DZ Page 9 of 10 ATTY/AGR.2019.077/Bartel Associates, LLC