ACTION ITEM:

Approval of Contract - ADP Renewal.

FACTS:

Kentucky State University first entered into a two-year agreement with ADP to provide the University comprehensive payroll services on March 8, 2018. The University extended that two-year agreement for another two years in August 2020. The University is now seeking to extend the contract through January 2024.

BUDGETARY IMPLICATIONS:

The total annual cost of the contract is $254,023.84. The University has included the cost of these services in the 2022 – 2023 budget.

RECOMMENDATION:

Interim President Ronald A. Johnson recommends that the Kentucky State University Board of Regents approve the renewal of Kentucky State University's contract with ADP through January 2024.

MOTION:

Approve the renewal of Kentucky State University's contract with ADP through January 2024.

Finance and Administration