25-1450

Under Administrative Policy No. 34 for competitive bids or requests for proposals (AP 34), determine that an exception to the competitive bidding requirement under AP 34 is satisfied and a suspension of competition is warranted due to unusual or extraordinary circumstances as Cisco Systems Capital Corporation (Cisco Capital) is the only financial institution offering a zero annual percentage rate, and that the best interests of the County would be served by entering into a Financing Agreement with Cisco Capital; Approve and authorize the Chairman to execute a Financing Agreement with Cisco Capital for financing of the Cisco phone system upgrade to Webex and Contact Center, effective February 1, 2026, with an approximate five-year term, total not to exceed $10,545,634; Approve and authorize the Chairman to execute an Escrow Agreement with Cisco Capital to ensure funds are disbursed in accordance with the recommended Financing Agreement; Approve and delegate authority to the Chief Information Officer to authorize and execute operational documents associated with the day-to-day activities of the recommended Financing Agreement; Approve and delegate authority to the Chief Information Officer, or their designee, to deliver to Cisco Capital a letter from the Office of County Counsel verifying the legality of the Financing Agreement and Escrow Agreement; and Make a finding that it is in the best interest of the County to waive submittal of the Financing and Escrow Agreements to the Debt Advisory Committee in order to leverage cost savings and ensure a seamless transition to the new phone infrastructure upgrade

Agenda Item Approved Introduced December 12, 2025

What this record is

Held by: Cisco Systems Capital Corporation 3 records across this site
Amount: $10.5M
Runs until: December 12, 2030 4 years away calculated from the contract term stated in the record
Type: rfp
Field: Professional services

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