Explanation
BACKGROUND
This ordinance authorizes the Director of the Department of Finance and Management, on behalf of the City’s Purchasing Office, to enter into a modification and renewal of the contract with TradeCentric for an additional year. The original contract authorized by Ord. 1515-2026 allowed for five, one-year renewal periods. The contract pricing is provided by TradeCentric on an annual basis and was not set forth in the original contract. Thus, this ordinance requests a modification to the original contract in order to pay the first year renewal price of $19,250.00 and to renew the contract for the first renewal period, which shall be June 17, 2026, through and including June 16, 2027.
TradeCentric, LLC, who has developed and hosts, operates and supports, an online platform that enables a company to deploy punchout catalog, purchase order exchange, invoice exchange, and other solutions, and use these solutions with its existing e-commerce, procurement, and business applications, handling the translations and routing between buyer procurement and supplier e-commerce sites. This software is necessary to establish a connection between Microsoft’s D365 ERP software and the Coupa Business Spend Management Platform, to which the Purchasing Office entered into a contract with Coupa Software Inc. via separate legislation (Ord. No. 1514-2025). This contract and the contract with Coupa Software Inc. provide the software necessary to run the City of Columbus catalog system for all Universal Term Contracts (UTCs). The current catalog system is used citywide to order goods and services from the City’s UTCs.
The term of the proposed contract with TradeCentric, LLC is one (1) year, expiring approximately June 16, 2027, with the option to renew for four (4) additional one (1) year terms. This ordinance authorizes funding for the first renewal of the contract term. The Finance and Management Department will plan for future costs of this contract within its bu...
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