PROFESSIONAL_SERVICESPENDING

Town of Lapel Contract Engagement Letter related to Accounting and Financial Consulting Services 2026-05-18

Lapel to engage Krohn for financial consulting services

Hourly rates by staff; total fees not to exceed $30,000 annually unless otherwise approved in writingTown of Lapel townO.W. KROHN & ASSOCIATES LLPMay 18, 2026

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Description

The Town of Lapel plans to engage O.W. Krohn & Associates LLP to provide accounting, financial consulting, and municipal advisory services on an hourly basis, capped at $30,000 per year unless otherwise approved. The engagement covers budget development, cashflow analysis, sustainability planning, training, and other support, with 2026 billing rates fixed through December 31, 2026.

Contract Details

Contract Amount

Hourly rates by staff; total fees not to exceed $30,000 annually unless otherwise approved in writing

Vendor

O.W. KROHN & ASSOCIATES LLP

Agency

Town of Lapel town, IN

Contract Type

PROFESSIONAL_SERVICES

Document Date

May 18, 2026

Contract Term

Engagement effective upon execution and remaining in effect until completed or terminated; 2026 billing rates fixed through December 31, 2026

Renewal Date

2026-12-31

Renewal Info

Engagement continues until services are completed or terminated by either party with reasonable written notice; 2026 hourly rates will not change prior to December 31, 2026 and fees may exceed $30,000 annually only with written Client approval.