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):13%
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal is not 0% and is listed above
Request Summary (Agenda Caption):
title
Request that the County Judge execute an amendment to an agreement with Masterson Advisors, LLC in the additional amount of $100,000 for additional financial advisory services for Harris County and the Flood Control District for the period of August 24, 2024 - August 23, 2025 (210043), MWDBE Contracted Goal: 13%.
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Background and Discussion:
This is the second renewal of the existing agreement with Masterson Advisors, LLC. 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
_ Governance and Customer Service
Prior Court Action (if any):
Date
Agenda Item #
Action Taken
8/24/2021
330
Approved
8/2/2022
189
Approved
8/8/2023
242
2nd Renewal
8/27/2024
3rd Renewal
Location:
Address (if applicable):
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Fiscal and Personnel Summary
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Existing Budget
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Total Current Budget
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Additional Budget Request (Requires Fiscal Review Request Form)
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