Explanation
BACKGROUND:
On June 3, 2024, the Columbus City Treasurer’s Office entered into a contract with OST, Inc. for IT staff augmentation services under the State of Ohio’s IT Staff Augmentation Contract (State Term Schedule). This contract was authorized by Ordinance No. 1464-2024 to provide internal project support for the Treasurer’s transition from Huntington National Bank to JP Morgan Chase Bank.
As part of this transition, the Treasurer’s Office is responsible for coordinating on-boarding activities across numerous City agencies, many of which use third-party software to conduct payment transactions. The transition has required expert assistance in the areas of technical project management, systems integration, business process documentation, and solution design. While JP Morgan Chase provides its own technical staff for the implementation, the Treasurer’s Office requires internal resources to manage and coordinate the City’s side of the implementation.
The selection of a contractor through OST for ongoing support was delayed due to the extensive on-boarding and configuration efforts involved in the new JP Morgan Chase banking environment. The Treasurer’s Office has now engaged a business analyst to memorialize and document the full scope of implementation activities to support transparency and institutional learning.
While the contract was originally set to expire on June 2, 2025, it was extended through June 2, 2026, under Ordinance 1281-2025 without additional funding. This ordinance seeks to add $50,000 to the existing agreement with OST, Inc. to ensure sufficient resources are available to complete the documentation project critical to the success of the Treasurer’s modernization efforts.
1.1 Amount of additional funds to be expended:
Cost summary:
Original Contract, Ordinance #1464-2024 $ 150,000.00
Modification #1, Ordinance #1281-2025 $ 0.00
Modification #2, (This Ordinance) $ 50,000.00
Estimated ...
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