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File #: 22-4445    Version: 1 Name:
Type: Contract - Amendment Status: Passed
File created: 7/19/2022 In control: Commissioners Court
On agenda: 8/2/2022 Final action: 8/2/2022
Title: Request for approval of a renewal option with Masterson Advisors, LLC for financial advisory services for Harris County and the Flood Control District for the period of August 24, 2022 - August 23, 2023 at a cost of $300,000 (210043).
Attachments: 1. 22-4445 Renewal Job No. 210043 Masterson Advisors, LLC.pdf
Department: Purchasing
Department Head/Elected Official: DeWight Dopslauf

Regular or Supplemental RCA: Regular RCA

Type of Request: Contract - Amendment

Project ID (if applicable): 210043
Vendor/Entity Legal Name (if applicable): Masterson Advisors, LLC

MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - project was awarded prior to launch of County's M/WBE Program

Request Summary (Agenda Caption):
title
Request for approval of a renewal option with Masterson Advisors, LLC for financial advisory services for Harris County and the Flood Control District for the period of August 24, 2022 - August 23, 2023 at a cost of $300,000 (210043).
end

Background and Discussion:
This is the first renewal of the existing agreement with Masterson Advisors. As our financial advisors, Masterson, provides advice regarding debt issuances, financial planning, financing alternatives, and other general financial advice.


Expected Impact:
N/A


Alternative Options:
If not renewed, we would need to go through an RFP process to select a financial advisor.


Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
_ Housing
_ Public Health
_ Transportation
_ Flooding
_ Environment
X Governance and Customer Service

Prior Court Action (if any):
Date
Agenda Item #
Action Taken
8/24/21
330
Award and Agreement Completed

Location:
Address (if applicable): N/A
Precinct(s): Choose an item.

Fiscal and Personnel Summary
Service Name


SFY 22
FY 23
Next 3 FYs
Incremental Expenditures (do NOT write values in thousands or millions)
Labor Expenditures
$
$300,000
$
Non-Labor Expenditures
$
$
$
Total Incremental Expenditures
$
$
$
Funding Sources (do NOT write values in thousands or millions)
Existing Budget
1000 - General Fund
$
$300,000
$
Choose an item.
$
$
$
Choose an item.
$
$
$
Total Current Budget
$
$300,000
$
Additional Budget Requested
Choose an item.
$
$
$
Choose an item....

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