Title
Amendment to Agreement with Platinum Advisors, LLC, for State Legislative Advocacy and Consulting Services
Overview
On June 23, 2014, the Orange County Transportation Authority Board of Directors approved an agreement with Platinum Advisors, LLC, for state legislative and consulting services for a two-year initial term, with two, two-year option terms. The first option term was exercised with an additional five-month duration through December 31, 2018, to align the contract term with the California legislative session. Staff is requesting approval to exercise the second option term effective January 1, 2019 through December 31, 2020.
Recommendation(s)
Authorize the Chief Executive Officer to negotiate and execute Amendment No. 2 to Agreement No. C-4-1412 between the Orange County Transportation Authority and Platinum Advisors, LLC, to exercise the second option term of the agreement, in the amount of $420,000, for state legislative advocacy and consulting services. This will increase the maximum obligation of the agreement to a total contract value of $1,347,500.