Title
Authorize the Chief Executive Officer for Natividad Medical Center (NMC) or his designee to execute amendment No. 4 to the agreement with BIG Inventory, Inc. for physical inventory services, extending the agreement an additional three (3) year period (August 1, 2023 through July 31, 2026) for a revised full agreement term of May 1, 2019 through July 31, 2026, and adding $50,000 for a revised total agreement amount not to exceed $140,000.
Report
RECOMMENDATION:
It is recommended the Board of Supervisors:
Authorize the Chief Executive Officer for Natividad Medical Center (NMC) or his designee to execute amendment No. 4 to the agreement with BIG Inventory, Inc. for physical inventory services, extending the agreement an additional three (3) year period (August 1, 2023 through July 31, 2026) for a revised full agreement term of May 1, 2019 through July 31, 2026, and adding $50,000 for a revised total agreement amount not to exceed $140,000.
SUMMARY/DISCUSSION:
Big Inventory provides NMC with a physical inventory of supplies to derive valuation of these supplies at NMC. Big Inventory supplies trained, licensed and experience staff to perform these services.
OTHER AGENCY INVOLVEMENT:
The Office of County Counsel has reviewed and approved this amendment No. 4 as to form, and the Auditor-Controller has reviewed and approved as to payment provisions. The amendment No. 4 has also been reviewed and approved by NMC's Finance Committee and by its Board of Trustees on June 9, 2023.
FINANCING:
The cost for this amendment No. 4 is $50,000 of which $16,666 is included in the FY 2022-23 Adopted Budget. Amounts for remaining years of the agreement will be included in those budgets as appropriate.
BOARD OF SUPERVISORS STRATEGIC INITIATIVES:
Big Inventory shall furnish all the materials, equipment and personnel necessary to complete the inventory. Big Inventory will submit an itemized list of supplies within 30 days of completion of inventory.
__ Economic Dev...
Click here for full text