Explanation
The Department of Public Utilities entered into a contract with U. S. Bank National Association to provide e-lockbox services for the Department of Public Utilities, Division of Water. This agreement provides for the receipt of utility payments to the City of Columbus, processed through the internet, into one system that consolidates Automated Clearing House (ACH) payments into one daily file that processes the banking payments through the ACH system and processes the customers' utility account information to the City of Columbus, Division of Water.
The contract was the result of a Request for Proposal (RFP) received on January 14, 2008. Six (6) proposals were received. The contract covers a five-year (5) period, funds for the services to be reviewed and expenditures approved by ordinance of City Council, and the appropriation and certification of funds by the City Auditor.
Year 1 covered the period commencing on April 1, 2009 through March 31, 2010. Year 2 covered the period commencing on April 1, 2010 through March 31, 2011 for a total of $35,000.00. Year 3 covered the period commencing on April 1, 2011 through March 31, 2012 for a total of $30,000.00.
Year 4 covered the period commencing on April 1, 2012 through March 31, 2013 for a total of $10,000.00. Year 5 covers the period commencing on April 1, 2013 through March 31, 2014 and was funded with $10,000.00 (Ord. 2850-2012) as it was anticipated that a new city-wide banking contract would replace the need for this contract mid-year 2013. However, due to delays in establishing new banking contracts, it is necessary to continue the e-lockbox services with US Bank National Association through March 31, 2014.
The sole purpose of this modification is to add funding to cover anticipated contract billings through March 31, 2014. All terms and conditions of the original agreement remain in full force and effect.
The company is not debarred according to the Excluded Party Listing System ...
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