Title
a. Approve and authorize the Auditor-Controller to sign a Renewal Sales Order with FinQuery, LLC, applying the terms and conditions of the parties’ previously Board-approved Subscription Agreement (“Agreement”) dated March 23, 2021, for a software tool for analysis of County’s real property and other types of leases in compliance with Governmental Accounting Standards Board (GASB) Statement No. 87 and No. 96, extending the agreement for an additional one-year term, for a revised total agreement term of March 23, 2021 through March 23, 2027, and adding $48,480 for a total agreement amount of $225,559; and
b. Authorize the Auditor-Controller to sign up to three future amendments to this Agreement where the amendments do not significantly change the scope of work and do not cause an increase of more than ten percent (10%) ($5,690) of the original contract amount, for a revised total agreement amount of $231,249.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Approve and authorize the Auditor-Controller to sign a Renewal Sales Order with FinQuery, LLC, applying the terms and conditions of the parties’ previously Board-approved Subscription Agreement (“Agreement”) dated March 23, 2021, for a software tool for analysis of County’s real property and other types of leases in compliance with Governmental Accounting Standards Board (GASB) Statement No. 87 and No. 96, extending the agreement for an additional one-year term, for a revised total agreement term of March 23, 2021 through March 23, 2027, and adding $48,480 for a total agreement amount of $225,559; and
b. Authorize the Auditor-Controller to sign up to three future amendments to this Agreement where the amendments do not significantly change the scope of work and do not cause an increase of more than ten percent (10%) ($5,690) of the original contract amount, for a revised total agreement amount of $231,249.
SUMMARY/DISCUSSION:
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