Item Description:
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Neg Agmts PR00008294 with Sigma Consulting and Training and PR00008293 with Small Business Dreambuilders to provide financial management consulting, 04/01/26-12/31/26, total combined NTE $60,000
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Resolution:
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BE IT RESOLVED, that the Executive Director be authorized to negotiate Agreements PR00008294 with Sigma Consulting and Training LLC (dba Ahmed Mohidin LLC) in the not-to-exceed amount of $45,000 and PR00008293 with Small Business Dreambuilders LLC in the not to exceed amount of $15,000 to provide financial management consulting to service provider organizations under contract with Hennepin County that are referred by Hennepin County Purchasing and Contract Services, during the period April 1, 2026 through December 31, 2026; that following review and approval by the County Attorney's Office, the Chair and the Executive Director be authorized to sign the agreements on behalf of the Authority; and that the Controller be authorized to disburse funds as directed.
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Background:
In 2025, the Hennepin County Housing and Redevelopment Authority (HCHRA) allocated resources to provide financial management training and consulting for up to 30 contracted service providers referred by Purchasing and Contract Services. The goals of providing financial management consulting are to increase the financial management capacity of Hennepin County service providers and improve providers’ ability to meet financial reporting and compliance requirements. Long-term goals are to enhance the overall viability and sustainability of participating service providers, ultimately improving service to residents, while reducing billing-related risk to service providers, Hennepin County, and/or the HCHRA.
Service providers assisted in 2025 included a variety of nonprofits that serve youth, provide counseling and recovery services, culturally specific programming, and other meaningful services. Consultants worked with service providers to improve their financial management capacity, including specific support with financial reporting, cost allocation, billing accuracy, and establishing clearer policies and procedures.
Agreements PR00008294 and PR00008293 will provide in-depth support to help service providers establish or improve their accounting system, financial management and billing practices, financial policies, procedures, and internal controls. The combined not-to-exceed amount of these agreements is reduced from the prior year based on utilization rates of service providers.
Current Request: This request is for authorization to negotiate professional service agreements to provide technical assistance in financial management to Hennepin County service providers effective April 1, 2026 through December 31, 2026 with a combined total not to exceed amount of $60,000.
Impact/Outcomes: Improve the financial management capacity of up to 30 Hennepin County service providers.
Income Domain Disparity: By increasing the financial management capacity of Hennepin County service providers, this work contributes to the viability of service providers, their ability to sustain their workforce, and contributes to the quality of services provided to Hennepin County residents.
recommendation
Recommendation from County Administrator: Recommend Approval