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A Resolution Increasing the Not to Exceed Payment Amount Under Employee Leasing Agreements Between the Village and MGT Impact Solutions, LLC for Interim Chief Financial Officer Services from $225,000 to $405,000
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Introduction
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The Village has utilized MGT as a temporary staffing agency to retain the Village's Interim Chief Financial Officer since September of 2023. This agenda item requests approval to add additional contract authority to pay for the Interim CFO leasing services incurred between August 1, 2025 and March 13, 2026.
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Recommended Action
Adopt the Resolution.
Prior Board Action
The Board has taken the following prior action(s):
* Resolution 25-165 was approved on March 11, 2025, by the Village Board to approve an Employee Leasing Agreement with MGT, increasing the available funds and extending the term to November 20, 2026.
* Resolution 24-283 was approved on August 27, 2024, by the Village Board to amend the Employee Leasing Agreement with MGT, changing the not-to-exceed amount and extending the term.
* Resolution 24-193 was approved on April 30, 2024, by the Village Board to amend the Employee Leasing Agreement with MGT, changing the not-to-exceed amount and extending the term.
* Resolution 24-123 was approved on January 30, 2024, by the Village Board for an Employee Leasing Agreement with MGT.
Background
Staff is requesting an amendment for an additional $180,000 to ensure adequate contract authority to pay invoices for Interim CFO leasing services that were incurred between August 1, 2025 and March 13, 2026. This action is administrative in nature and is intended to align contract authority with services already performed; it does not modify the hourly rate or extend the agreement term.
The Employee Leasing Agreements with MGT call for the Village to be billed at an hourly rate for base compensation, and include an overtime rate for hours worked in excess of 40 per week. When the agreement was negotiated...
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