Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available. Details Meeting Name: Finance, Budget and Audit Committee Agenda status: Canceled Meeting date/time: 7/15/2015 Canceled Minutes status: Draft   Meeting location: One Gateway Plaza, Los Angeles, CA 90012, 3rd Floor, Metro Board Room Published agenda: Agenda Published minutes: Not available   Meeting video: Not available eComment: Not available   Attachments: Meeting Items (6) 6 records Group Clear sorting Clear grouping Group by Type Group by Result Export Export to Excel Export to PDF Export to Word Show: Legislation only Legislation only All agenda items File # Agenda # Type Title Action Result Action Details Audio 2015-1042 11. Policy ADOPT the FY16 Proposed Audit Plan.     Not available Not available 2015-0737 12. Policy CONSIDER: A. supporting the establishment of the proposed Central Avenue Historic Business Improvement District (“BID”) in the City of Los Angeles and the resulting assessments on properties within the District boundaries owned by LACMTA; and B. authorizing the Chief Executive Officer or his delegate to sign any necessary petition and cast any subsequent ballots in support of the BID and property assessments.     Not available Not available 2015-0310 13. Contract AUTHORIZE the Chief Executive Officer to: A. establish an IT Services Bench, through (RFIQ) No. PS92403383, consisting solely of vendors who have been deemed qualified to participate in future IT task order work for technical disciplines 1 through 16 below. The qualified vendors recommended in Attachment B for a five-year period will openly compete to perform individual professional service task orders for a cumulative total value of $17 million. Individual task orders will be awarded based on a competition via the Request for Proposal (RFP) process. 1. Platform / End User Computing Systems     Not available Not available 2015-0801 14. Program AUTHORIZE the Chief Executive Officer to negotiate and award excess liability insurance policies with up to $250 million in limits at a cost not to exceed $3.65 million for the 12-month period effective August 1, 2015 to August 1, 2016.     Not available Not available 2015-0693 15. Contract AUTHORIZE the Chief Executive Officer to award a one year Firm Fixed Price Contract No. PS1544301142 to Ma and Associates to conduct the fiscal year FY 2013-2015 independent performance review of all the Los Angeles County transit operators receiving state Transportation Development Act (TDA) Article 4, and operators receiving Proposition A funds in lieu of TDA funds and Metro as the Regional Transportation Planning Entity (RTPE), for the fixed price of $588,192.     Not available Not available 2015-1049 16. Oral Report / Presentation WITHDRAWN: RECEIVE report from the Executive Director, Finance and Budget.     Not available Not available