KENTUCKY STATE UNIVERSITY BOARD OF REGENTS

ACTION ITEM

Approval of McCarthy Strategic Solutions, LLC, Personal Services Contract (PSC).

FACTS

McCarthy Strategic Solutions, LLC, currently represents KSU in discussions with the Kentucky General Assembly, Commonwealth of Kentucky Agencies, and other governmental entities. The PSC's current term expires on June 30, 2023, but the PSC allows for one (1) optional one-year renewal. The renewed term would begin on July 1, 2023, and end on June 30, 2024.

BUDGETARY IMPLICATION

McCarthy Strategic Solutions, LLC, will invoice the University $5,000 per month for the term of the renewal. The PSC also allows for reasonable and related expenses, including any ethics commission registration fees. However, said expenses shall not exceed $2,000. Therefore, the total price for the renewal term shall not exceed $62,000.

RECOMMENDATION

Acting President Dr. Michael Dailey recommends that the Board of Regents approve the renewal of the McCarthy Strategic Services PSC.

MOTION

Approve the renewal of the McCarthy Strategic Services PSC.