HomeMy WebLinkAboutItem 06 - Enterprise Sourcing ServicesMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: BRUNO RUMBELOW, CITY MANAGER
MEETING DATE: OCTOBER 5, 2021
SUBJECT: APPROVAL TO RENEW AN ANNUAL CONTRACT FOR ENTERPRISE
SOURCING SERVICES
RECOMMENDATION: City Council to consider the renewal of an annual contract for enterprise
sourcing services with Ion Wave Technologies, Inc. for the Fiscal Services
Department.
FUNDING SOURCE: Funds are available in the General Fund (Fiscal Services) for an amount
not to exceed $22,300.
BACKGROUND: The Ion Wave enterprise sourcing package automates the process of
creating, issuing, awarding bids and managing contracts. By leveraging
the system's libraries, templates, and importing capabilities, the
procurement function benefits from increased speed, automated auditing,
and the elimination of redundant data entry. It also increases vendor
participation in the bid process.
This contract is with Ion Wave Technologies, Inc. for eProcurement and
contract management services. The contract was for an initial one-year
period with four, one-year renewals available. If approved, this will be the
first renewal available.
Staff recommends approval.
LW/GJ