SUBJECT
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Authorizing the City Manager to execute the Toll Collection System Maintenance Service Contract between the City of Laredo and TransCore, L.P. (sole source vendor), for the hardware and software maintenance of the Laredo Bridge System Electronic Toll Collection equipment. This maintenance service contract is for a term of one (1) year, subject to future budget appropriations, effective April 1, 2024 in the amount of $978,547.00. Funding is available in the Laredo Bridge System Fund.
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PREVIOUS COUNCIL ACTION
On March 20, 2023, City Council authorized the execution of the Toll Collection System Maintenance Service Contract between the City of Laredo and TransCore, L.P.(sole source vendor), for the hardware and software maintenance of the Laredo Bridge System Electronic Toll Collection equipment in the amount of $978,547.00
BACKGROUND
Over the past several years, the Laredo Bridge System has maintained a software/hardware maintenance contract with TransCore, L.P. so as to insure that the electronic toll collection equipment, both the hardware as well as the software are adequately maintained. This insures the 24/7 operation integrity and continued excellence in servicing our valued customers.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends that this contract be approved.
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Fiscal Impact
Fiscal Year: 2024
Budgeted Y/N?: Yes
Source of Funds: Bridge Revenues
Account #: 553-4010-4012-4015-4061
Change Order: Exceeds 25% Y/N: N/A
FINANCIAL IMPACT:
Funding is available in the Laredo Bridge System fund. The contract amount will be divided equally among the four (4) bridge divisions:
553-4010-583-2030
553-4012-583-2030
553-4015-583-2030
553-4061-583-2030