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8.H. <br />CONSENT AGENDA <br />INDIAN RIVER COUNTY <br />OFFICE OF MANAGEMENT AND BUDGET <br />PURCHASING DIVISION <br />DATE: August 22, 2019 <br />TO: BOARD OF COUNTY COMMISSIONERS <br />THROUGH: Jason E. Brown, County Administrator <br />Kristin Daniels, Budget Director <br />FROM: Jennifer Hyde, Purchasing Manager <br />SUBJECT: First Extension of Agreement for Automated Teller Machine Services <br />BACKGROUND: <br />There are currently two Automated Teller Machines (ATMs) installed in Admin Buildings A and B. <br />The machines were originally installed in 2012 as the result of a request for proposals (RFP) <br />process, with Oculina Bank the owner of the machines. At the conclusion of the original agreement <br />and extensions, RFP 2016042 was issued, with Oculina who was the only respondent. The Board <br />authorized award and the execution of a three-year agreement with two one-year renewals <br />available on July 12, 2016. The initial term of the agreement ended on August 15, 2019. <br />ANALYSIS: <br />Oculina Bank merged with IBM Southeast Employees' Credit Union ("IBMSECU"), effective April 1, <br />2019, and now operates under that name. IBMSECU has agreed to the first extension to the <br />agreement, maintaining the maximum transaction fee of $1.50 per withdrawal. No other fees are <br />proposed. Staff has been content with the service provided, and the ATMs have required no staff <br />involvement. Staff would like to execute the first extension to the agreement. <br />FUNDING: <br />No funding is required. <br />RECOMMENDATION: <br />Staff recommends the Board approve the first extension, and authorize the Chairman to sign after <br />the County Attorney has reviewed it for legal sufficiency. <br />ATTACHMENT: <br />First Extension to Agreement for Automated Teller Machine Services <br />84 <br />