Specifications include, but are not limited to: The City currently employs various cost allocation methods, including direct labor allocation, indirect overhead allocation, cost allocations for the Capital Improvement Program, corporation yard labor, vehicles, and equipment. The Consultant's scope of services will encompass a thorough review of these existing cost allocation methods and the development of a comprehensive Cost Allocation Plan. This analysis will encompass all citywide funds, including the General Fund, Special Revenue Funds, Internal Services Fund, Enterprise Funds, and Fiduciary Funds. The Consultant will provide services as requested by the Project Manager or designated representative, which include but are not limited to the following: • Review existing cost allocation methods. • Develop an Overhead Cost Allocation Model for calculating the full costs of providing each City service. The model requirements shall include: o The flexibility to add or remove direct and overhead costs, allowing the overhead cost allocation plan to evolve from a simple plan to a progressively more comprehensive one. o The capability to update the model and overhead cost allocation plan annually to reflect changes in the organizational structure and costs. • Collaborate with the Finance Department to develop service provisions, cost categories, and allocation criteria for current and future programs. • Work with the Finance and Human Resources divisions to create a direct labor allocation model for current and future programs.
