July 22, 2014
Status:
WITHDRAWN
Approve the termination of the Agreement with Polk County Board of Commissioners for the use of contract for P-Card Services.
This agenda item requests approval to terminate the contract with The School Board of Broward County, Florida, and Polk County Board of Commissioners (PCBC).
The School Board of Broward County, Florida's Agreement for Procurement Card Services, General Condition 3.04, Termination states, "This Agreement may be canceled with or without cause by both parties during the term thereof upon thirty (30) days written notice to the other parties of its desire to terminate this Agreement." The termination letter was sent on June 22, 2014 to PCBC, and is contingent upon approval by the Board.
A new contract from the Florida Department of Management Services #973-120-13-SS, Procurement Card Services will replace this existing contract. There will be no lapse of service from this termination with FIA Card Services, N.A., a Bank of America company. The new contract will provide a larger rebate than the existing contract. The current Agreement's rebate is 1.19% and the new Agreement will provide a rebate of 1.60%.
There is no financial impact to the District.
Requested Action
WITHDRAWN
Approve the termination of the Agreement with Polk County Board of Commissioners for the use of contract for P-Card Services.
Summary
This agenda item requests approval to terminate the contract with The School Board of Broward County, Florida, and Polk County Board of Commissioners (PCBC).
The School Board of Broward County, Florida's Agreement for Procurement Card Services, General Condition 3.04, Termination states, "This Agreement may be canceled with or without cause by both parties during the term thereof upon thirty (30) days written notice to the other parties of its desire to terminate this Agreement." The termination letter was sent on June 22, 2014 to PCBC, and is contingent upon approval by the Board.
A new contract from the Florida Department of Management Services #973-120-13-SS, Procurement Card Services will replace this existing contract. There will be no lapse of service from this termination with FIA Card Services, N.A., a Bank of America company. The new contract will provide a larger rebate than the existing contract. The current Agreement's rebate is 1.19% and the new Agreement will provide a rebate of 1.60%.
School Board Goals
| Goal 2: Continuous Improvement |
Financial Impact
There is no financial impact to the District.
Source of Additional Information
Benjamin Leong 754-321-1990 Ruby Crenshaw 754-321-0501
Associated File Attachments
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ARF - E7 081908 (Files) | |
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Purchasing Made on The PCard By Month and Year (Files) | |
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Rate Comparison (Files) | |
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Memo to Withdraw (Files) | |
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E-1 ARF - Withdrawn (Files) |