HomeMy WebLinkAboutItem 12 - Purchasing Card ServicesMEMOTO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: BRUNO RUMBELOW, CITY MANAGER
MEETING DATE: AUGUST 20, 2019
SUBJECT: APPROVAL TO RENEW A CONTRACT FOR PURCHASING CARD
SERVICES
RECOMMENDATION: City Council to consider approval to renew a contract for purchasing card
services with JPMorgan Chase Bank, N.A. through an Interlocal
Cooperative Agreement with the City of Fort Worth, Texas.
FUNDING SOURCE: The program will be administered at no cost to the City.
BACKGROUND: The program's primary objectives are to achieve administrative savings
associated with an online electronic small -purchase
billing/payment/management system to consolidate and enhance data
collection and reporting, and to realize volume -based rebates. The ease of
processing the monthly billing makes it less expensive to process than
payments by check.
This Purchase will be made in accordance with an existing interlocal
agreement with the City of Fort Worth, Texas as allowed by Texas Local
Government Code, Section 271 and Texas Government Code, Chapter
791. The contract was for an initial five-year period with two optional, two-
year renewals. If approved, this will be the first two-year renewal option.
RFPs were received by the City of Fort Worth, Texas for purchasing card
services and an award was made to JPMorgan Chase Bank, N.A.
Purchasing reviewed the contract for specification compliance and pricing
and determined that this contract would provide the best service for
meeting the needs of the City.
Staff recommends approval.
LW