3.
Investments: Compliance, Controls, and Reporting, July 1 through December 31,
2023, Internal Audit Report No. 24-509
Jonathan Thompson/Janet Sutter
Overview
The Internal Audit Department has completed an audit of investments for the period July 1
through December 31, 2023. Based on the audit, the Orange County Transportation
Authority generally complied with its debt, investment, and reporting policies and
procedures; however, the Internal Audit Department made two recommendations to
improve monthly investment and Clearwater system reporting.
Recommendation
Direct staff to implement two recommendations provided in Investments: Compliance,
Controls, and Reporting, July 1 through December 31, 2023, Internal Audit Report No.
24-509.
Attachments:
4.
Amendment to the Preparation of Plans, Specifications, and Estimates for the 91
Express Lanes Toll Entrances Gantry Infrastructure Project Agreement
Kirk Avila
Overview
On February 25, 2019, the Orange County Transportation Authority Board of Directors
approved a contract with Parsons Transportation Group, Inc. to prepare the plans,
specifications, and estimates for the 91 Express Lanes Toll Entrances Gantry Infrastructure
Project. An amendment to the existing agreement is needed to provide additional plans,
specifications, and estimates.
Recommendation
Authorize the Chief Executive Officer to negotiate and execute Amendment No. 12 to
Agreement No. C-8-2107 between the Orange County Transportation Authority and
Parsons Transportation Group, Inc., in the amount of $94,808, to provide additional plans,
specifications, and estimates for the 91 Express Lanes Toll Entrances Gantry Infrastructure
Project and to extend the term of the agreement through June 30, 2025. This will increase
the maximum cumulative obligation of the agreement to a total contract value of $595,442.
Attachments: