HomeMy WebLinkAbout2001 S Co Manager - Robert S. Segal, CPA, PA, for Expense Reduction and Revenue Enhancement,?- %v/
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Copy 3: BOCC
LETTER OF AGREEMENT
Robert S. Segal, CPA, PA (SEGAL) and Orange County (CLIENT) hereby enter into this Letter of
Agreement whereby SEGAL shall serve as a consultant to CLIENT to examine and analyze the following
listed expenses /revenues of CLIENT and to make recommendations to achieve savings, credits, refunds
or additional revenues, hereafter referred to as funds, in these areas:
ANY AND ALL EXPENSES AND REVENUES
The Client agrees that none of the above listed expenses /revenues are currently being evaluated by
CLIENT and all funds for each expense /revenue listed, regardless of source, will be eligible for full
payment of fees to SEGAL.
SEGAL will furnish CLIENT with a written report as to recommendations that may be made in the above
areas. CLIENT will then determine which (if any) of these recommendations CLIENT wishes to
implement. SEGAL will then assist in the implementation of these recommendations to achieve the
funds. Future savings and revenues are computed on a per unit basis.
CLIENT agrees to pay SEGAL on each recommendation for funds which is implemented, a fee equal to
fifty cents of every dollar saved, credited, refunded or additional revenues during the 24 month period
immediately following full implementation of the recommendation. This fee will be paid quarterly
following the date of full implementation of the particular recommendation.
SEGAL AGREES TO MAINTAIN IN STRICT CONFIDENCE ALL INFORMATION RECEIVED FROM
CLIENT CONCERNING ITS EXPENSES AND METHODS OF DOING BUSINESS. FURTHERMORE,
SEGAL ACTS AS A CONSULTANT ONLY AND DOES NOT RECEIVE ANY COMMISSIONS OR
REMUNERATION OF ANY KIND FROM ANY VENDORS OR SERVICE PROVIDERS.
The persons signing below are authorized to do so on behalf of their respective organizations. This
Letter of Agreement shall be binding upon the parties hereto, their heirs, successors and assigns. This
Letter of Agreement is entered into effective as of the 7t' day of February, 2001.
CLIENT: O ge County
By:
Title: 44 /��
This instrument has been pre- audited
In the manner required by the Local
Government Budget and Fiscal
Control Act.
enneth T. Chavious, Finance Officer
Robert S. S5ga, CPA PP
By:
Robert S. Segal
Title: President