CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Les Lee Shell, Deputy County Manager Jessica Colvin, Chief Financial Officer |
Recommendation:
title
Authorize the utilization of Douglas County, Colorado's Master Commercial Card Agreement, awarded to JPMorgan Chase Bank, N.A., for Commercial Card Services under CBE No. 606645-23; and authorize the Chief Financial Officer or her designee to sign the Colorado Payment Card Consortium Participation Agreement; and authorize staff to issue purchase orders, subject to approved budget appropriations; or take other action as appropriate. (For possible action)
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FISCAL IMPACT:
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Fund #: |
Various |
Fund Name: |
Various |
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Fund Center: |
Various |
Funded PGM/Grant: |
N/A |
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Amount: |
Not to exceed $6,000,000 annually |
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Description: |
Commercial Card Services |
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Additional Comments: |
The total Contract award is estimated in the amount not-to-exceed $6,000,000 annually. |
BACKGROUND:
On March 7, 2022, Douglas County, Colorado awarded Master Commercial Card Agreement to JPMorgan Chase Bank, N.A. (LBE). This approval provides for a commercial card system composed of accounts, card-use controls, and reports to facilitate purchase of and payments for business goods and services.
The following are the pertinent provisions of this approval:
• The term of the Contract being utilized is from January 1, 2022 through December 31, 2026 and includes the option to renew annually thereafter unless terminated.
• Clark County is not under exclusive contract with JPMorgan Chase Bank, N.A. and therefore, can cease purchasing services at any time.
This approval is in accordance with NRS 332.195.1, a governing body or its authorized representative may enter into a contract pursuant to a solicitation by (a) a governmental entity located within or outside this State with the authorization of the contracting vendor.
The Business License Department has determined that a Clark County Business License is not required for this effort.