Title
Executive Search Services - AGM for Energy Supply (NB)
Staff recommends approval of a contract with Mycoff, Fry & Prouse LLC to conduct an executive search for the Assistant General Manager – Energy Supply position.
Explanation
Mycoff, Fry & Prouse, LLC (MF&P), an executive recruitment firm and industry expert for the electric, natural gas, and water industries, was selected by the City Commission in 2006 to perform executive search services on behalf of the City for the General Manager position following a competitive solicitation (Request for Proposals). At that time, MF&P was awarded the contract after competing with two other finalists. In addition, MF&P was also competitively selected and successfully conducted executive searches for the positions of Assistant General Manager-Energy Supply, Chief Financial Officer, and the General Manager for Utilities search, which is on-going at this time.
Staff believes MF&P is uniquely qualified to conduct the search for the now vacant Assistant General Manager-Energy Supply position based on their experience with the Utility and current project with the City for the General Manager search. MF&P has agreed to maintain the same fee scale for this search as for the General Manager search. The fee is 28% of the annual agreed upon salary of the selected candidate, with a minimum fee of $35,000 to a maximum of $50,000. In addition, MF&P will be reimbursed for reasonable and customary expenses associated with the search in an amount not to exceed $15,000. Such expenses will include, but not be limited to, travel expenses for MF&P associates to conduct personal interviews with candidates and to attend interviews or additional meetings as requested by the Utility, recruitment advertising expenses and travel expenses for the candidates. These expenses include a 10% mark-up for handling and carrying costs.
Recommendations
The City Commission: 1) authorize the General Manager, or her designee, to negotia...
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