IDA extends RGP Consulting contract, adds $35,000 to consultant budget
September 30, 2026 | New Rochelle City, Westchester County, New York
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The New Rochelle Industrial Development Agency approved an extension to its professional services agreement with RGP Consulting LLC and a $35,000 modification to the consultant budget on a unanimous voice vote.
Staff said the extension runs through Dec. 31, 2026, and that the additional funds are funded from the IDA fund balance to cover consultant work and invoices that arrived after the 2025 audit closed. “There were a couple invoices that came in from 2025 that came in after our audit closed,” staff said; those costs are being absorbed into the 2026 consultant line with the budget modification.
Staff told the board a full budget rundown will be available at the October meeting and that financial subcommittee review will follow. The board approved the resolution following a motion and second; the transcript records the item passing unanimously.
Staff said the extension runs through Dec. 31, 2026, and that the additional funds are funded from the IDA fund balance to cover consultant work and invoices that arrived after the 2025 audit closed. “There were a couple invoices that came in from 2025 that came in after our audit closed,” staff said; those costs are being absorbed into the 2026 consultant line with the budget modification.
Staff told the board a full budget rundown will be available at the October meeting and that financial subcommittee review will follow. The board approved the resolution following a motion and second; the transcript records the item passing unanimously.
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