RECOMMENDATION: (Summary)
An ordinance amending Ordinance No. 2016-910, as amended, to increase the maximum contract amount by an additional $275,000 for an agreement for professional services between the City of Houston and Norton Rose Fulbright US LLP for legal services in connection with pension reform legislation.
BACKGROUND:
The proposed ordinance amends Ordinance No. 2016-910 to increase the maximum contract amount allocated for the contract for professional legal services with the firm of Norton Rose Fulbright US LLP, (the “Firm”).
Mayor Sylvester Turner has presented pension reform solutions for all three of the City’s employee pension systems to the Texas Legislature. The City currently has a contract with the Firm, but the maximum contract amount needs to be increased by $275,000 to cover the need for continued legal services in connection with ongoing participation in the legislative process.
This contract has a zero-percentage goal document approved by the Office of Business Opportunity. Funding for this item is included in the FY17 Adopted Budget. Therefore, no Fiscal Note is required as stated in the Financial Policy Ord. No. 2014-1078.