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HomeMy WebLinkAboutItem 15 - Enterprise SourcingMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: BRUNO RUMBELOW, CITY MANAGER MEETING DATE: NOVEMBER 7, 2023 SUBJECT: ANNUAL CONTRACT RENEWAL 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 $25,400. 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 purchase will be made in accordance with an existing interlocal agreement with Choice Partners a division of Harris County Department of Education as allowed by Texas Local Government Code, Section 271 and Texas Government Code, Section 791. This renewal contract is with Ion Wave Technologies, Inc. for eProcurement and Contract Management services and if approved, will be the third renewal available. Staff recommends approval. LW