Some gutsy leadership there. Your city is broke, so you spend another half million dollars to have someone else prove it.
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They’re ‘Rats; it’s how they roll....
Your city is broke, so you spend another half million dollars to have someone else prove it.
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Your estimate is probably pretty close. I would estimate a study like this to take about 4 months with a team of about 8 people to review various aspects of the city’s finances. At a (probably low) rate of $100 p/h that would be a contract for a little over $500K, and a bit more if there are incentive fees involved. If the consultants are any good they are already doing follow on work. LOL