Approval to Renew the CBIZ Personal Service Agreement (PSC).
CBIZ Risk & Advisory Services, LLC, is the University's internal auditing firm. The current PSC's term ends on June 30, 2023, but the PSC allows for two (2) one-year renewals. Given the University's need for an internal auditor, the PSC will need to be renewed. If Dr. Akakpo wishes for the internal auditor functions to be performed by a KSU employee, the University may terminate the renewed PSC with CBIZ for convenience upon thirty days' notice.
CBIZ's fee for the scope of work is estimated at $125 per hour. The total cost for the renewal term shall not exceed $112,074.
Acting President Dr. Michael Dailey recommends that the Board of Regents approve the renewal of the CBIZ PSC.
Approve the renewal of the CBIZ PSC.