Loading...
HomeMy WebLinkAboutFIN-07-066 - E07-057 - Consultant Services - Project Risk Assessment - Financial & Infrastructure Management Systems Report To: Mayor Carl Zehr and Members of Council Date of Meeting: 2007 -06-11 Prepared By: Larry Gordon Date of Report 2007 -06-04 Report No: FIN 07-066 Subject: E07 -057 - Consultant Services - Project Risk Assessment - Financial and Infrastructure Management Systems RECOMMENDA TION That Expression of Interest E07 -057, Consultant Services - Project Risk Assessment - Financial and Infrastructure Management Systems, be awarded to KPMG LLP, Toronto, Ontario at their estimated fee of $105,824., including disbursements of $5,535. and G.S.T., based on a satisfactory contract being negotiated and an upset fee being established, and further that the Director of Purchasing be authorized to execute an agreement satisfactory to the City Solicitor. BACKGROUND The City of Kitchener has embarked on a large and strategic system implementation comprised of three interrelated components, namely a financial management system, an infrastructure management system and a new method of accounting for fixed assets (PSAB 3150). It is a complex, mission critical project and represents a significant investment for the City of Kitchener. The project requires not only effective technical management, but also strong leadership and significant commitment from the business' operations throughout the initiative in order to fully achieve the intended business objectives. However, published statistics suggest that such projects rarely fully achieve their intended benefit to the organization, on-time and under-budget. In recognition of these challenges, the City of Kitchener has requested that an independent project risk assessment be conducted to assist with the analysis of the: · Risks related to the successful implementation of the project on time and within budget; · Appropriateness of the project management processes and implementation approach being applied; · Proposed vendor contract(s) (in conjunction with the legal firm retained by the City for legal advice ); · Accuracy of project reporting concerning project progress to date; · Post implementation assessment of the project; and · Risk mitigation strategies REPORT In accordance with Chapter 170 of the Municipal Code pertaInIng to the Selection of Professional Services/Consultants, a Consultant's Review Committee was established consisting of P. Houston, General Manager of Financial Services and City Treasurer, D. Chapman, Director of Financial Planning and Reporting, and L. Gordon, Director of Purchasing. Expressions of interest were requested from six (6) potential consultants, advertised on the City of Kitchener website and on the internet through the Ontario Public Buyers Electronic Tendering Information System. By the closing date of Wednesday, May 30th, 2007, three (3) responses had been received. The Review Committee met on Thursday May 31 st, 2007 to review the submissions and elected to award the project to KPMG LLP, Toronto, Ontario. A listing of the responding parties follows for your reference. KPMG LLP Deloitte & Touche LLP Chartwell IRM Inc. Toronto, ON Kitchener, ON Toronto, ON FINANCIAL IMPLICATIONS Funding will be provided from index 335100 CIFS and 861352 IIMS REVENUES 335100 CIFS 861352 IIMS $3,930,000. $1 ~950~000. TOTAL REVENUES $5,880,000. EXPENSES YTD Expenditures (Salaries for staff assigned) $ 210,000. E07-057 Less G.S.T. Rebate $105,824. ($ 5~989.) $ 99,835. $ 99~835. TOTAL EXPENSES $ 309,835. SURPLUS $5,570,165. * A projection of the total cost of implementation for the two systems will not be available until after a preferred vendor is identified and the fully-evaluated cost is assessed. The joint project team recommends that the City move forward with the risk assessment as soon as possible, prior to making further significant project commitments or decisions, to ensure that all future planning and decision-making is supported by the risk assessment and risk mitigation strategies. Larry Gordon Director of Purchasing