REPORT TO COUNCIL
SUBJECT
Title
Amend an Existing Consultant Services Agreement with Strategic Economics, Inc. for an Inclusionary Housing Feasibility Study for a New Not-to-Exceed Amount of $361,090 and to Extend the Agreement Through December 31, 2026 (F26-097) and Approve Budget Modification No. 4 in the Amount of $136,090
Report
REPORT IN BRIEF
Approval is requested to amend an existing Consultant Service Agreement with Strategic Economics, Inc. of Berkeley, CA, to increase the agreement amount by $136,090 for a new not-to-exceed total of $361,090 for consulting services related to the City's inclusionary housing program and multi-jurisdictional feasibility study. Approval is also requested to extend the agreement end date through December 31, 2026. A draft amendment is attached to this report as Attachment 1.
EXISTING POLICY
Pursuant to Section 2.08.040 of the Sunnyvale Municipal Code (SMC), City Council approval is required for contracts for the procurement of goods and services exceeding $250,000 in any one transaction.
Section 2.08.070(b)(3) authorizes the purchase of goods and/or services to be exempted from the competitive bidding requirements when the solicitation of bids or proposals would be impractical, unavailing or impossible.
Sunnyvale General Plan
Housing Element
GOAL H-2: Affordable Housing and Home Buyer Assistance
Policy H-2.2: Continue to implement and consider revisions to the Below Market Rate (BMR) Housing program to increase the amount of affordable housing built in the city, while ensuring the program remains consistent with current market trends, does not impede development, and is appropriate for the Bay Area region.
Policy H-2.3: Utilize the BMR Housing requirements as a tool to integrate affordable units within market rate developments and increase the availability of affordable housing throughout the community.
Program H5. Complete a feasibility study to determine if an increase to the BMR percentage for rental and ownershi...
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