What can you buy for $1.75 million?
This house in Connecticut.
Maybe four of these with gas money left over.
Don’t want to drive to Connecticut, then maybe buy one of these,
The Kentucky Retirement Systems paid $1,724,556.93 from fiscal year 2007 to 2011 for other professional services to L R WECHSLER LTD.
And this is what they got.
"LRWL assisted KRS in the following areas:
Review of KRS operations in order to identify opportunities for improvement
Identification of technology enablers to improve KRS operating efficiencies
Establishing a comprehensive set of metrics, i.e., measurements, that will enable KRS to gauge the degree of improvement achieved after implementation of the recommendations to be developed.
Conducting a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis.
Developing an actionable item listing – grouped based upon their anticipated time frame to complete, their relative potential benefit, and their ease of implementation.
Preparing implementation guidelines – for both the short and long term items in the actionable item listing that have been determined to of high benefit and simple to implement.
Identification of sample metrics for each of the actionable items to be implemented.
Preparation of a final report of operational opportunities for change as well as any reorganization suggestions.
Beyond this, services were provided in the following areas:
Development of the FY 2006 Capital budget for Information Technology projects.
Preparation of pertinent Requests for Information or Requests for Proposal associated with specific technology initiatives recommended in the operational and organizational assessment.
Assistance with the institutionalization and implementation of the Continuous Process Improvement program delineated in initial assessment.
LRWL then developed RFPs and conducted procurements for: an agency wide telephone system and call center capability (Avaya was selected); an agency wide integrated financial solution (a Great Plains solution implementer was selected); an agency wide LOB application to replace then current legacy and imaging applications. The RFPs, evaluation criteria, product demonstration scenarios, reference checking scripts, and assistance in the selection process were all provided by LRWL.
Additionally, LRWL analyzed the current state of KRS member and retiree data – and developed recommendations related to going forward.
Oversight project management and quality assurance were provided to the line of business implementation."
Here is part two of the question. Why do you pay a consultant $1.75 million when you have a Department of State Government that already does the same thing?