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HomeMy WebLinkAboutItem 1f: Purchase Agreement with Sungard Pentamation for Financial System Software MainteanceDate: May 4, 2010 To: Mayor and City Council Page 1 of 2 STAFF REPORT Administrative Services Department From: Hue C. Quach, Administrative Services Director Shannon Huang, Financial Services Manager /City Tr asurer�` -� Subject: Authorize the City Manager to enter into a purchase agreement with Sungard Pentamation for financial system software maintenance in an amount not to exceed $32,100. Recommendation: Approve SUMMARY Staff is recommending the City Council authorize the City Manager to enter into an agreement for the City's financial system software maintenance in the amount not to exceed $32,100. The City currently utilizes a proprietary financial system software developed and solely supported by Sungard Pentamation and is the only viable solution at this time. DISCUSSION The City requested proposals and awarded a contract for financial software to Sungard Pentamation in 1999. This financial system software supports the entire City's accounting information including financial reporting, payroll, accounts payable, general ledger, cash receipts, accounts receivable, budget preparation and purchasing. It is recommended the City continue utilizing Sungard Pentamation financial system software as staff has been satisfied with the product. In addition, a change in software is expensive, extremely time consuming and a system change is not warranted at this time. The annual maintenance and support for the period from April 2010 to March 2011 is $32,100. Sungard Pentamation is a proprietary application and is the sole source provider of support. FISCAL IMPACT The total cost of the proposed maintenance agreement is $32,100. Funds for this annual maintenance costs are included in the budget. RECOMMENDATION It is recommended the City Council: Authorize the City Manager to enter into a purchase agreement with Sungard Pentamation for financial system software maintenance in an amount not to exceed $32,100. Approved: <..O , -aQ Pa.,.,r,+M.*--J Donald Penman, City Manager Page 2 of 2