HomeMy WebLinkAbout056430-A1 - General - Contract - JP Morgan Chase Bank, N.A.City Secretary Contract No. 56430-A 1
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MAY 2026 AMENDMENT TO
U.S. SELECT GOVERNMENT MERCHANT PROCESSING AGREEMENT
MERCHANT NAME: City of Fort Worth, Texas
This May 2026 Amendment (this "Amendment") is entered into by and between Paymentech, LLC, also known as Chase Merchant Services ("CMS"),
for itself and on behalf of JPMorgan Chase Bank, N.A., a national banking association, ("Chase"), and each of the merchant(s) whose signature(s)
appear below (collectively, the "Merchant"). As used herein, each of (i) Merchant and (ii) CMS together with Chase, are referred to as a "Party", and
both such parties are referred to collectively as the "Parties".
This Amendment amends and modifies that certain U.S. Select Government Merchant Processing Agreement, dated on or about October 4, 2021, as
may have been amended through the date hereof (the "Agreement"), between CMS, Chase and Merchant. This Amendment is effective as of the date
last signed below. Capitalized terms used but not defined herein shall have the meaning set forth in the Agreement. Unless otherwise specified references
to section numbers herein shall refer to the corresponding section of the Agreement. To the extent of any conflict or inconsistency between the terms
of this Amendment and the Agreement, this Amendment will control.
The Agreement is hereby amended and modified as follows:
1. EXTENSION OF TERNI.
The current term of the Agreement is hereby extended to continue for one (1) year from the effective date of this Amendment. Thereafter, the
Agreement shall not automatically renew. Any further renewal or extension of the Agreement thereafter will only be made by mutual written
agreement by each party hereto. CMS may, but is not required to, process any Transactions submitted by Merchant after the above mentioned date
in accordance with and subject to all of the terms of the Agreement.
2. CONTINUED EFFECT.
Except to the extent amended hereby, all terms, provisions and conditions of the Agreement are hereby ratified and shall continue in full force and
effect and the Agreement shall remain enforceable and binding in accordance with its terms.
This Amendment shall be effective on the date on which it is fully executed (i.e. the last signature date below).
Agreed and Accepted by:
City of Fort Worth, Texas
MERCHANT LEGAL NAME (Print or Type)
100 Fort Worth Trail, Fort Worth, TX 76102-2661
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By (authorized signature)
Date
Agreed and Accepted by:
PAYMENTECH, LLC for itself and on behalf of
JPMORGAN CHASE BANK, N.A.
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Address: 8181 Communications Pkwv, Bldg. C. Floor 03, Plano. TX 75024
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
INTERNAL PAYMENTECH USE Rev 0212026
Page I of 1 Paymentech Contract No.: 1211301
Date Printed May 15, 2026
ACCEPTED AND AGREED:
CITY OF FORT WORTH:
By:
Jay Chapa (May 15, 2026 14:20:15 CDT)
Name:
Jay Chapa
Title:
City Manager
05/15/2026
Date:
APPROVAL RECOMMENDED:
City Secretary Contract No.
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.
Jay Rutledae
By: Jay Rut dge (May 15. 2026 14 34 CDT)
Name: Jay Rutledge
Title: Financial Services Manager - Treasury
APPROVED AS TO FORM AND LEGALITY:
14%
By: Reginald Zeno (May 15, 2026 12:47:13 CDT)
Name: Reginald Zeno
Title: Chief Financial Officer
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Name: Gavin Midgley
ATTEST:
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Title: Sr. Assistant City Attorney
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CONTRACT AUTHORIZATION:
M&C: 26-0296
By:
Form 1295: N/A
Name: Jannette Goodall
Title: City Secretary
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 04/28/26 M&C FILE NUMBER: M&C 26-0296
LOG NAME: 13MERCHANT CARD PROCESSING SERVICES
SUBJECT
(ALL) Authorize Agreement with JP Morgan Chase Bank, N.A. and Paymentech, LLC for Citywide Merchant Card Processing Services with
Transaction -Based Fees for a Total Annual Spend Up to $600,000.00
RECOMMENDATION:
It is recommended that the City Council authorize an agreement with JP Morgan Chase Bank, N.A. and Paymentech, LLC for citywide merchant
card processing services with transaction -based fees that will fluctuate based upon credit card processing volume for a total annual spend up to
$600,000.00.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to authorize an agreement with JP Morgan Chase Bank, N.A. (Chase) and
Paymentech, LLC (Paymentech) for citywide merchant card processing services with transaction -based fees, for a total annual spend up to
$600,000.00.
This recommendation supports the City's operational need to maintain uninterrupted payment processing while advancing the City Manager's
directive to shift credit card processing costs to the customer. The Financial Management Services Department (FMS) received an exemption
under Chapter 252 of the Texas Local Government Code to facilitate a streamlined transition to merchant service providers that can support a
"pass -through" fee structure. Under this model, customers who choose to pay by credit card are charged a 2.50 percent service fee. The intent of
this structure is for the merchant service provider to retain the service fee as compensation, thereby eliminating direct processing costs to the City.
The proposed agreement will not include transactions from the Water Department or Development Services Department, as those operations are
governed under separate merchant services contracts.
The City's current agreement with Chase and Paymentech (City Secretary Contract No. 56430), previously authorized by M&C 21-0471, is set to
expire on May 15, 2026. Chase and Paymentech have agreed to extend the existing pricing terms for an additional twelve-month period, through
May 15, 2027, to support continuity of services during the City's transition to new merchant service providers. However, Paymentech's current
platform does not support the City's desired service fee model, as it is unable to assess and retain the service fee as full compensation for
processing services. As a result, this extension represents an interim solution to ensure uninterrupted payment processing while FMS continues
implementing a long-term merchant services strategy aligned with City policy objectives.
AGREEMENT TERMS: On Council approval, the initial contract period will be for one (1) year with one (1) six-month renewal option.
This agreement will serve ALL COUNCIL DISTRICTS.
A Form 1295 is not required because: This contract will be with a publicly -traded business entity or a wholly -owned subsidiary of a publicly -traded
business entity: JP Morgan Chase Bank
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that funds are available in the current operating budget, as previously appropriated, in the participating
departments' Operating Funds to support the approval of the above recommendation and execution of the agreements. Prior to any expenditure
being incurred, the participating departments have the responsibility to validate the availability of funds.
Submitted for City Manager's Office by: Reginald Zeno 8517
Originating Business Unit Head; Alex Laufer 2268
Additional Information Contact: Anthony Rousseau 8338
FORT WORTH.
City Secretary's Office
Contract Routing & Transmittal Slip
Contractor's Name: Chase Merchant Services
Subject of the Agreement: Amendment to CSO 56430 to extend contract for additional one-year.
M&C Approved by the Council? * Yes 9 No ❑
If so, the M&C must be attached to the contract.
Is this an Amendment to an Existing contract? Yes 8 No ❑ 56430 Amendment 1
If so, provide the original contract number and the amendment number.
Is the Contract "Permanent"? *Yes ❑ No 8
If unsure, see back page for permanent contract listing.
Is this entire contract Confidential? *Yes ❑ No 9 If only specific information is
Confidential, please list what information is Confidential and the page it is located.
Effective Date: May 16, 2026
If different from the approval date.
Expiration Date: May 15, 2027
If applicable.
Is a 1295 Form required? * Yes ❑ No W
*If so, please ensure it is attached to the approving M&C or attached to the contract.
Project Number: If'applicable.
*Did you include a Text field on the contract to add the City Secretary Contract (CSC)
number? Yes 8 No ❑
Contracts need to be routed for CSO processing in the following order:
1. Katherine Cenicola (Approver)
2. Jannette S. Goodall (Signer)
3. Allison Tidwell (Form Filler)
*Indicates the information is required and if the information is not provided, the contract will be
returned to the department.