https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4909607&GUID=CC8C9F7A-28FB-400A-872E-DABDCEC79AC1&G=A5FAA737-A54D-4A6C-B1E8-FF70F765FA94Legistar15https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4909607&GUID=CC8C9F7A-28FB-400A-872E-DABDCEC79AC1&G=A5FAA737-A54D-4A6C-B1E8-FF70F765FA94CC8C9F7A-28FB-400A-872E-DABDCEC79AC1-2025-06-09-06-42-44Title: CONSIDER: A. AUTHORIZING the Chief Executive Officer to execute Modification No. 3 to the Business Interruption Fund (BIF) Administration Services Contract No. PS56079000 with Pacific Coast Regional Small Business Development Corporation (PCR) to exercise the first one-year option in the amount of $720,882, increasing the total contract value from $1,685,246 to $2,406,128, to continue to serve as the fund administrator for Metro’s Pilot BIF and extending the period of performance from May 1, 2021 to April 30, 2022. B. INCREASING Contract Modification Authority (CMA) specific to Contract No. PS56079000 in the amount of $120,000 increasing the total CMA amount from $158,524 to $278,524 to support additional services related to BIF fund administration inclusive of the expansion of the BIF to directly impacted and qualifying “mom and pop” businesses.Mon, 09 Jun 2025 06:42:44 GMT