HomeMy WebLinkAbout~Master - Agreement for Procurement Card Services RESOLUTION NO. 02-131
RESOLUTION APPROVING AGREEMENT WITH
BANK OF AMERICA TO PROVIDE
PROCUREMENT CARD SERVICES
FOR THE CITY OF AMES, IOWA
WHEREAS, several months ago,the City began reviewing the possibility of using a purchase
card program as a method to simplify purchase transactions for low-dollar maintenance and supply
items; and,
WHEREAS,this would allow departments more time to provide direct services and consolidate
accounting and reporting functions; and,
WHEREAS,after extensive review of other government procurement card programs and input
from City department managers on proposed policies and procedures, it was decided that a purchase
card program would be advantageous to the City; and,
WHEREAS,a Requests for Proposal(RFP)was distributed,and five proposals were received;
and,
WHEREAS, Bank of America was determined to have submitted the proposal most
responsive to the City's needs for this program; and,
WHEREAS, the start-up costs from Bank of America for this program are $3,500 for the
license fee for their Commercial EAGLS Internet reporting software and $1,500 for an on-site
training session; and,
WHEREAS, proposed amendments to the fiscal year 2001/02 operating budget include
$5,000 for this program.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the agreement with Bank of America to provide procurement card services is hereby approved.
ADOPTED THIS 26t'day of February, 2002.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Goodhue
Seconded by: Wirth
Voting aye: Goodhue, Hoffman, Quirmbach, Vegge, Wirth
Voting nay: None Absent: Cross
Resolution declared adopted and signed by the Mayor this 26th day of February, 2002.