C7J - Establish Cip Overhead Cost Structure

A Resolution Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Accepting The Recommendation Of The Finance And Economic Resiliency Committee, At Its February 17, 2023 Meeting, To Apply A Tiered Fee Structure To Establish An Allowance In Project Budgets To Fund General Administrative And Overhead Expenses Of The Office Of Capital Improvement Projects (cip) And Its Project Management, Administration And Oversight Functions With A Year-end Reconciliation To Allocate The Cost Of Actual Labor Hours Spent Per Project To The Cip Department; And Further Accepting The Committee's Recommendation To Charge The Appropriate Funds To Defray The Costs Of Project Oversight For Projects In Development, But Not Yet Budgeted, Instead Of Treating Such Expenses As General Overhead Costs.