HomeMy WebLinkAbout052006-R4 - General - Contract - Transit Asset Management LLCCSC No. 52006-R4
CITY OF FORT WORTH
CONTRACT RENEWAL NOTICE
May 28, 2026
Transit Asset Management, LLC
Attn: Legal Department
760 Lynnhaven Parkway, Suite 203
Virginia Beach, VA 23452
Re: Contract Renewal Notice
City Secretary Contract No. 52006 (the "Contract")
Renewal Term No. 4, October 1, 2026 to September 30, 2027
The above referenced Contract with the City of Fort Worth expires on September 30, 2026
(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 https://www.fortworthtexas. og v/departments/fmance/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(�fortworthtexas. gov
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Contract Renewal Page 1 of 2
[Executed effective as of the date signed by the Assistant City Manager below.] / [ACCEPTED
AND AGREED:]
City:
By: Dianna Giordano (Jun 30, 2026 12:42:56 CDT)
Name: Dianna Giordano
Title: Assistant City Manager
Date: 06/30/2026
Transit Asset Management, LLC
By: z�C"f'
Name: Dan Levy
Title:
Date:
President
06/19/2026
CITY OF FORT WORTH INTERNAL ROUTING PROCESS:
Approval Recommended:
By:
Name: Kevin Gunn
Title: Director, IT Solutions
Approved as to Form and Legality:
r
By: Candance agliara (Jun 30, 2026 09:31:21 CDT)
Name: Candace Pagliara
Title: Sr. 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 (Jun 23, 2026 10:04:44 CDT)
Name: Steven Vandever
Title: Sr. IT Solutions Manager
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City Secretary: ° rodad
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By:
Name: Jannette Goodall
Title: City Secretary
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Contract Renewal Page 2 of 2
FASTER
Quote
Transit Asset Management
PO Box 844789 CID 253 Quote # 4215
Boston, MA 02284 Created Date May 27, 2026
United States
Expires Jul 26, 2026
T: 4023055850
Contact Eric Cronin
Prepared for City of Fort Worth, TX
Laura McClean
275 W 13th St
Fort Worth, TX 76102
United States
T: (817) 392-5101
E: laura.mcclean@fortworthtexas.gov
2026 FASTER Web Annual Upgrades & Support Price Quote
Annual Support - FASTER Fleet Maintenance Software Site License:
Annual Fees
Category Item Qty Price Total
SUPPORT and FASTER Web Support 1 $75,618.56 $75,618.56
MAINTENANCE
Manufacturer: Faster Asset
Start Date: Oct 1, 2026
End Date: Sep 30, 2027
Please contact us if you have any questions. Total Annual Support
And Maintenance $75,618.56 USD
Cost Breakdown
Category Annual Fees
SUPPORT and MAINTENANCE $75,618.56
Total $75,618.56 USD
Start Date: Oct 1, 2026
End Date: Sep 30, 2027
FASTER Asset Solutions strives to provide our customers with superior service and the highest value for their fleet management software investment. We
are pleased to let you know that we are able to limit the annual increase for support and software maintenance to 3% for the next twelve months. This
increase allows us to maintain the level of quality support we have demonstrated for more than four decades.
***Please note this quote does not reflect any changes to your account after the date noted in the quote, and any changes could affect your
Annual Support**
Transit Asset Management - Quote # 4215 1 / 2
Quote
Sue Smith
Customer Service & Process Administrator
FASTER Asset Solutions
phone: 757.623.1700 x2020
web: www.FasterAsset.com
Transit Asset Management - Quote # 4215 2/2
FORT WORTH.
City Secretary's Office
Contract Routing & Transmittal Slip
Contractor's Name: Transit Asset Management, LLC
Subject of the Agreement: Fourth Renewal to CSC 52006 of Transit Asset Management, LLC
M&C Approved by the Council? * Yes ❑ No M
If so, the M&C must be attached to the contract.
Is this an Amendment to an Existing contract? Yes ❑ No 0 52006-R4
If so, provide the original contract number and the amendment number.
Is the Contract "Permanent"? *Yes ❑ No 0
If unsure, see backpage for permanent contract listing.
Is this entire contract Confidential? *Yes ❑ No 0 If only specific information is
Confidential, please list what information is Confidential and the page it is located.
Effective Date:
If different from the approval date.
Expiration Date: September 30, 2026
If applicable.
Is a 1295 Form required? * Yes ❑ No ED
*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 0 No ❑
Contracts need to be routed for CSO processing in the followingorder:
rder:
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.