STRATEGIC PRIORITY: Government Performance & Financial Management
AGENDA DATE: January 10, 2024
COUNCIL DISTRICT(S): All
DEPARTMENT: Office of Procurement Services
EXECUTIVE: Jack Ireland
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SUBJECT
Title
Authorize a two-year cooperative purchasing agreement for continued use of cloud services and support for the budget preparation and management system for the Department of Information and Technology Services with Oracle America, Inc. through the State of Texas Department of Information Resources cooperative agreement - Not to exceed $337,117.42 - Financing: Data Services Fund (subject to annual appropriation)
Body
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 agreement will provide continuous use of the budget preparation and management system for the Department of Information and Technology Services with Oracle America, Inc., which provides a single application for the development and monitoring of the City's budget. Specifically, this agreement will provide ongoing hosting, maintenance, and support for the budget management system. This system is an effective tool in the creation, management, and reporting of the City's budget, from initiatives to line-items for all City departments. Some additional advantages of this system include:
* Improved forecasting capabilities,
* Continuity of business operations,
* Improved capabilities to implement enhancements to meet business needs, and
* Significant improvement in the quantity and timeliness of information used in budget decision-making.
The Department of Information Resources cooperative agreement is authorized by Chapter 791 of the Texas Government Code and Subchapter F, Chapter 271, Texas Local Government Code. Section 271.102 of the Texas Local Government Code which autho...
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