25-1197
Discussion and action on the request that the Director of Purchasing & Strategic Sourcing be authorized to issue Purchase Order(s) for Solicitation 2026-0050 Toll System Maintenance and Equipment to The Revenue Markets, Inc., dba TRMI Systems Integration, the sole source provider for the computerized toll collection system maintenance and equipment, for a term of one (1) year for an estimated amount of $250,000.00. Contract Variance: The difference based in comparison to the previous contract is as follows: An increase of $219,868.00 for the initial term, which represents a 729.68% increase due to replacement contract containing a contingency fund that assists in maintaining operations during unforeseen events, downtime and preventing loss of revenue. Department: International Bridges Award to: The Revenue Markets, Inc. dba TRMI Systems Integration City & State: Accord, NY Item(s): All Initial Term: 1 Year Option Term: N/A Total Contract Time: 1 Year Year 1: $250,000.00 Initial Term Estimated Award: $250,000.00 Option Term Estimated Award: N/A Total Estimated Award: $250,000.00 Account(s): 564-3300-64830-522290 564-3300-64830-533030 Funding Source(s): Operating Fund District(s): All This is a Non-Competitive Award - Sole Source Contract. Non-Competitive Procurement under Local Government General Exemption: Section 252.022: (7) a procurement of items that are available from only one source, (A) items that are available from only one source because of patents, copyrights, secret processes, or natural monopolies. The Purchasing & Strategic Sourcing and International Bridges Departments recommend award as indicated to The Revenue Markets, Inc., dba TRMI Systems Integration, under the exemption listed above. It is requested that the City Manager be authorized to establish the funding sources and make any necessary budget transfers and execute any and all documents necessary for execution of this award.
What this record is
- Held by
- Revenue Markets, Inc 2 records across this site
- Amount
- $250K
- Runs until
- September 15, 2026 15 days — goes back out to bid calculated from the contract term stated in the record
- Type
- bid
- Field
- Technology
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Revenue Markets, Inc also holds
Discussion and action on the request that the Director of Purchasing & Strategic Sourcing be authorized to issue Purchase Order(s) for solicitation 20…- Committee
- City Council
- Requested by
- Purchasing & Strategic Sourcing
- Introduced
- September 15, 2025
- On agenda
- September 30, 2025