STRATEGIC PRIORITY: Government Performance and Financial Management
AGENDA DATE: May 12, 2021
COUNCIL DISTRICT(S): All
DEPARTMENT: Office of Procurement Services
EXECUTIVE: Elizabeth Reich
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SUBJECT
Title
Authorize Supplemental Agreement No. 3 for a three-year extension to the acquisition contract for the purchase of software, maintenance, and support services for a report distribution and repository application for the Department of Information and Technology Services provided by Redwood Software, Inc. and sold through SHI Government Solutions, Inc. through the Local Government Purchasing Cooperative (BuyBoard) agreement - Not to exceed $174,538 - Financing: Data Services Fund (subject to annual appropriations)
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BACKGROUND
This action does not encumber funds; the purpose of a cooperative purchasing agreement is to establish firm pricing for services, for a specific term, which are ordered on an as needed basis.
This cooperative purchasing agreement will allow for the purchase of software, maintenance and support services for a report distribution and repository application for the Department of Information and Technology Services. The solution is a financial reporting platform that is utilized across as many as 30 authorized departments and allows for managing the extensive archive of financial reports and documents that the City must maintain.
The solution extracts relevant report data from legacy report management repository (Control-D), and converts the data to actionable formats for inquiry, reporting, and web displays. Some additional advantages of this system include:
* Improved support for data accuracy
* Enhanced access to financial data for business operations
* Improved capability to provide actionable data to City users and to the public portal
* Automated report distribution, monitor retention requirements, and easy navigation to retrieve and view reports
* Support for ...
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