To: Board of Supervisors
From: Dr. Grant Colfax, Health Services Director
Report Title: Extension #23-861-1 with Alvarez & Marsal Healthcare Industry Group, LLC
?Recommendation of the County Administrator ? Recommendation of Board Committee
RECOMMENDATIONS:
APPROVE and AUTHORIZE the Health Services Director, or designee, to execute on behalf of the County Contract Extension Agreement #23-861-1 with Alvarez & Marsal Healthcare Industry Group, LLC (A&M), a limited liability company, to extend the termination date from September 30, 2025 to January 31, 2026 to continue providing interim Chief Financial Officer (CFO) services and leadership support for the Contra Costa Health Services (CCHS) Department's Finance Unit with no change the payment limit of $6,139,200.
FISCAL IMPACT:
None, there is no change in the Contract Payment Limit of $6,139,200. This Contract will continue to be funded as budgeted by the Department (20% Hospital Enterprise Fund I and 80% Contra Costa Health Plan (CCHP) Enterprise Fund II).
BACKGROUND:
On September 10, 2024, the Board of Supervisors approved Contract #23-861 with Alvarez & Marsal Healthcare Industry Group, LLC, in an amount not to exceed $6,139,200 to provide interim Chief Financial Officer services, including management of all day-to-day financial operations for the Health Services Department, for the period October 1, 2024 through September 30, 2025.
On November 5, 2024 the Board of Supervisors ratified execution of the contract containing provisions related to indemnification and liability, as follows:
a. The County shall indemnify the Alvarez & Marsal employees acting as officers (Brian Buchanan and Ceci Arriera) to the same extent as the most favorable indemnification it extends to county employees;
b. The County agrees to indemnify and hold harmless each Alvarez & Marsal, its affiliates and their respective shareholders, members, managers, employees, agents, representatives and subcontractors against any and all l...
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