25-1205
Discussion and action on the request that the Director of Purchasing & Strategic Sourcing be authorized to issue Purchase Order(s) for solicitation 2025-0290 Toll Collection System Upgrade to The Revenue Markets, Inc., dba TRMI Systems Integration, the sole source provider for the toll collection system upgrade and maintenance, for a (3) year term for an estimated amount of $6,177,406.32, with the stipulation that the vendor provides an updated sole source letter and affidavit each year. Contract Variance: NA Department: International Bridges Award to: The Revenue Markets, Inc.. dba TRMI Systems Integration City & State: Accord, NY Item(s): All Initial Term: 3 Years Option Term: N/A Total Contract Time: 3 Years Annual Estimated Award: $2,059,135.44 Initial Term Estimated Award: $6,177,406.32 Option Term Estimated Award: N/A Total Estimated Award: $6,177,406.32 Account(s): 190 - 4950 - 580270 - 38170 - PCP18IB005 564 - 3360 - 570020 - 64870 Funding Source(s): $4,962,407.06 - ITS Projects $1,214,999.26 - P3 Program 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
- $4.96M
- Runs until
- no end date published in this record
- Type
- bid
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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 16, 2025
- On agenda
- September 30, 2025