25-621
SUBJECT: Approval of an Order Form for Lease and Subscription Based Technology Arrangement (SBITA) Management Software with Fifth Asset, Inc. DBA DebtBook in the Amount of $49,500 Over Three Years with an Option to Extend for Two Additional One-Year Terms REPORT IN BRIEF Considers approving an Order Form for lease and SBITA management software with Fifth Asset, Inc. DBA DebtBook, in the amount of $16,500 annually for an additional three years totaling $49,500 with an option to extend for two additional one-year terms through waiving a competitive bidding requirement pursuant to the City’s Municipal Code. RECOMMENDATION City Council - Adopt a motion: A. Waiving a competitive bidding requirement as stated in Section 3.04.210 of the Merced Municipal Code due to established use and operation efficiency; and, B. Approving an Order Form for lease and SBITA management software with Fifth Asset, Inc. DBA DebtBook, in the amount of $16,500 annually for three years totaling $49,500; and, C. Authorizing the City Manager to execute the necessary documents.
- Committee
- City Council/Public Finance and Economic Development Authority/Parking Authority
- Introduced
- June 23, 2025
- On agenda
- August 4, 2025
- Passed
- August 4, 2025
Where it was heard
City Council/Public Finance and Economic Development Authority/Parking AuthorityWatch Merced
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