HomeMy WebLinkAboutContract 60007-R2Docusign Envelope ID: C5597780-2517-4895-ADDC-68572B31 1 DD3
CSC No. 60007-R2
CITY OF FORT WORTH
CONTRACT RENEWAL NOTICE
May 28, 2025
Fifth Asset, Inc.
Attn: Signer
PO Box 667950
Charlotte, NC 28266
Re: Contract Renewal Notice
City Secretary Contract No. 60007 (the "Contract")
Renewal Term No. 2 of 4, August 1, 2025 to July 31, 2026
The above referenced Contract with the City of Fort Worth expires on July 31, 2025 (the
"Expiration Date"). Pursuant to the Contract, contract renewals are at the sole option of the City.
This letter is to inform you that the City is exercising its right to renew the Contract for an
additional one (1) year period, which will begin immediately after the Expiration Date. All other
terms and conditions of the Contract remain unchanged. Please return this signed
acknowledgement letter, along with your quote for charges for the new renewal term, and
current insurance certificate, to the address set forth below, acknowledging receipt of the
Contract Renewal Notice.
To ensure that your company information is correct and up-to-date, please log onto
PeopleSoft Purchasing at htti)s://www.fortworthtexas.2ov/departments/finance/purchasing.
If you have any questions concerning this Contract Renewal Notice, please contact us at
the email address listed below.
Sincerely,
City of Fort Worth
IT Solutions I Finance I Contracts
100 Fort Worth Trail
Fort Worth, TX, 76102
zz IT Finance Contracts(a fortworthtexas.Rov
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Contract Renewal Page 1 of 2
Docusign Envelope ID: C5597780-2517-4895-ADDC-68572B31 1 DD3
[Executed effective as of the date signed by the Assistant City Manager below.] / [ACCEPTED
AND AGREED:]
City:
By: Dianna
Giordano (Jun 4, 202511:22 CDT)
Name:
Dianna Giordano
Title:
Assistant City Manager
Date:
06/04/2025
Fifth Asset, Inc.
By
Name:
Title: vice President & COO
Date: 5/28/2025
CITY OF FORT WORTH INTERNAL ROUTING PROCESS:
Approval Recommended:
/-� By: /
Name: Kevin Gunn
Title: Director, IT Solutions
Approved as to Form and Legality:
Wx �iA ar. /,/
By: M. Kevin Anders, 11(Jun 3. 202508:46 CDT)
Name: M. Kevin Anders, II
Title: Assistant City Attorney
Contract Authorization:
M&C: N/A
Approval Date: N/A
Form 1295: N/A
Contract Compliance Manager:
By signing I acknowledge that I am the person
responsible for the monitoring and administration
of this contract, including ensuring all performance
and reporting requirements.
By: Steven Vandever(May 29,202510:12 CDT)
Name: Steven Vandever
Title: Sr. IT Solutions Manager
City Secretary:
By:
Name: Jannette Goodall
Title: City Secretary
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OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Contract Renewal Page 2 of 2
Docusign Envelope ID: C5597780-2517-4895-ADDC-68572B31 1 DD3
_f� DebtBook
The proposed pricing set forth below is based on an initial term of 12 months and includes the products and services listed below.
Treasury
Item & Description Year 1
Debt Accounting Price $0.00
Annual recurring fee for DebtBook's debt accounting software -as -a -
service application provided to Customer through access to the
Application Services
Debt Management Core Price $19,550.00
Annual recurring fee for DebtBook's debt management software -as -a -
service application provided to Customer through access to the
Application Services
Debt Sizing Price $0.00
Annual recurring fee for DebtBook's debt sizing software -as -a -service
application provided to Customer through access to the Application
Services
Summary Year 1
Recurring Subscription Fees $19,550.00
One -Time Implementation Fees $0.00
Annual Total $19,550.00
TOTAL CONTRACT VALUE
The pricing and terms in this proposal are preliminary and subject to change. Final pricing will be confirmed only on the execution and delivery of a
formal agreement between the parties.