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HomeMy WebLinkAboutsummary formDate: 12/6/2004 AGCNDA ITEM SUMMARY FORM FILE ID: 04. 414 00 Requesting Department: Purchasing Department Commission Meeting Date: 1/13/2005 District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Authorization to piggyback Metropolitan Government of Nashville and Davidson County Contract No.15388 for the Provision of Procurement Card Services Purpose of Item: IThe City of Miami Purchasing Department desires to implement and administer a procurement card program to provide for the prompt acquisition of primarily low dollar goods and services. The procurement card program will be designed to promote purchasing efficiency, flexibility, accountability and convenience by reducing the time, paperwork and handling cost's associated with low dollar acquisitions, while providing greater spending controls. All procurement card purchases shall be made in accordance with established purchasing policies and procedures. Background Information: The Purchasing Department has analyzed various existing contracts for the provision of Procurement Card Services and has determined that the Metropolitan Government of Nashville and Davidson County Contract with Chase Manahattan Bank USA, offers the highest incentive/rebate (up to 1.00% of the annual procurement card spend), and provides the best software interface to the Oracle ERP application. Therefore, it is recommended for approval for the City Manager to execute the attached Professional Services Agreement with Chase Manahattan Bank USA. Budget Impact Analysis YES Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No; NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: $0.00 Maintenance Cost: $0.00 Total Fiscal Impact: $0.00 CIP Final Approvals (SIGN AND DATE) Budget If using or receiving capital funds Grants Purchasingitk c Chief e Risk Manageme Dept. Director City Manager Page 1 of 1 I