HomeMy WebLinkAboutCreative Planning - Engagement Letter - 6.3.2024.docxDocuSign Envelope ID: EAD57236-267A-473D-B495-A800A18E62E4
C CREATIVE PLANNING'
May 21, 2024
Ms. Bridgett Wood, Finance Director
City of Waterloo
715 Mulberry Street
Waterloo, IA 50703
This letter is to confirm and summarize our understanding of the terms and objectives of our
engagement and the nature and limitations of the services we will provide.
Summary of Engagement Terms:
Scope of services we currently expect to provide:
PlainSight Fraud Hotline
Creative Planning Business Services will provide PlainSight, an accessible and
anonymous reporting hotline, for the subscriber's employees and other interested
parties, such as owners, board members, vendors, or customers, to submit
information they are aware of regarding any potentially fraudulent activity within
the subscriber's organization.
The PlainSight subscription fee covers the availability of the PlainSight web and
phone applications for users and the subscribing organization's select
administrators, on -demand employee training for how to use PlainSight, and
materials that can be used to inform employees of the availability of PlainSight.
Services that are not included in the scope of this engagement:
Communication to Your Employees
Unless otherwise provided in writing in a supplemental engagement letter, Creative
Planning Business Services will not be responsible for communicating the availability
of PlainSight with employees, owners, board members, and others.
Investigation Services
Unless otherwise provided in writing in a supplemental engagement letter, Creative
Planning Business Services will not, and has no obligation to investigate, validate,
verify, or perform any other services with respect to any information received from
users.
Verify Information Received
Creative Planning Business Services is not responsible for and will take no action to
address the subject matter of the information received through PlainSight, nor will
they ensure the information is accurate, reliable, complete, or valid. The subscriber
maintains full responsibility for reviewing and authenticating the information,
deciding next steps regarding whether an investigation should be conducted, and
acting or not acting on the information received through PlainSight.
866-CREATIVE I CREATIVEPLANNING.COM
DocuSign Envelope ID: EAD57236-267A-473D-B495-A800A18E62E4
C CREATIVE PLANNING`
BUSINESS SERVICES
Responding to Legal Inquiries and Subpoenas
You are responsible for retaining information received through PlainSight and for
responding to any legal inquiries or subpoenas for information arising from the
information submitted in PlainSight.
Opt-Out/Termination:
Creative Planning Business Services reserves the right to refuse or suspend all services under
this agreement in the event you have failed to pay any invoice within forty-five (45) days of
said invoice date, whether it be an invoice for services provided by Creative Planning Business
Services under this agreement or any other agreement between the parties.
You may terminate without cause upon a sixty (60) day notice. In the event of early termination
by you, you will pay for all services performed up to the time of termination.
Creative Planning Business Services can terminate this agreement for any reason, in its sole and
absolute discretion on at least sixty (60) days' notice.
Fees and Payment:
Your subscription fee for the first year is complimentary. The annual subscription fee for
PlainSight after the complimentary year is $525 (50% off) for year two and $1,050 for year
three. The one-time implementation fee upon subscribing to PlainSight has been waived.
Unless terminated as provided herein, this agreement will remain in effect for a period of
twelve (12) months. The term will be automatically extended for successive twelve (12) month
terms each year and an invoice will be sent to you unless terminated by you by written notice
delivered to Creative Planning at least sixty (60) days prior to the end of the then existing term.
We appreciate the opportunity to be of service to you and believe this letter accurately
summarizes the significant terms of our engagement. If you have any questions, please let us
know. If you agree with the terms of our engagement as described in this letter, please
acknowledge your acceptance by signing and returning it to us.
I have read and I agree to the summary of engagement terms listed above.
Sincerely,
Creative Planning Business Services
Michael Bosl CPA, CFE
Acknowledged by:
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Signature
Finance Director
Title
866-CREATIVE I CREATIVEPLANNING.COM