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  2. Finance Committee - Agenda - 4/20/2022 - P86

Finance Committee - Agenda - 4/20/2022 - P86

By dnadmin on Sun, 11/06/2022 - 21:43
Document Date
Fri, 04/15/2022 - 11:50
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 04/20/2022 - 00:00
Page Number
86
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__042020…

> ee leeleaterintes @ mel ay we PROPOSAL FOR THE CITY OF NASHUA
: — ARPA ADMINISTRATIVE SERVICES

PROGRAM CLOSEOUT

Our team plans cur clients’ programs with the end in mind. We have the ability and experience to provide exemplary project
management services and will be responsible for preparing and ensuring that all closeout paperwork, information, and data is properly
accounted for and stored throughout the life of the projects as required. We understand that preparation for an error-free closeout
starts at the beginning of every project.

We have extensive experience in monitoring and compliance for .
several federal funding streams including CARES Act, HUD, and

FEMA funding, and we will apply that knowledge when supporting the ENSURING COMPLIANCE AND
City of Nashua to develop procedures and checklists to facilitate MINIMIZING COSTS
compliant closeout of each application. As each applicant approaches
closeout. our Case Management Team will perform a comprehensive

Our compliance framework provides an assurance that each
. _ project file “tells the story" and is preserved in the
compliance review and reconciliation to ensure that all required iParametrics AGMS, in an audit-ready, fully compliane file.

information and documentation has been properly catalogued in
accordance with federal funder, state, and program standards.

If the US Treasury requires 1099 forms be distributed to recipients of funds, our team will distribute 1099's at year end as part of
closeout. Using data tracked in the iParametrics GMS System, we can easily aggregate the total amount of funding released to each
applicant, allowing us to deliver one 1099 per recipient.

When all applications have been closed, our team will support the City of Nashua to prepare final prograrn closeout documentation
in compliance with applicable federal closeout requirements. After program closeout, cur skilled project management team will assist
City of Nashua in conducting after action reviews, documenting lessons learned and best practices and archiving organizational
process assets like checklists and standard operating procedures,

OTHER ARPA RELATED SERVICES

The iParametrics team understands that the City of Nashua may not only be interested in running grant programs but look to expend
funds on revenue loss, eligible infrastructure projects, or in one of the areas noted below:

és & & ff

Equity-Focused Public and Safety Public Housing
Investments Justice Health
HE (39)
ics La >
Water/Sewer Broadband/ Teourismm/Travel/ Small Business
infrastructure Connectivity Hospitality Assistance

Our team will work callaboratively with the City of Nashua to develop a high-quality funding strategy. We will effectively document
and collaboration on various funding opportunities to ensure that you meet your goals.

PAGE 29

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Finance Committee - Agenda - 4/20/2022 - P86

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