Subject
title
Amendment to Agreement for Mobile Ticketing Validators Extended Warranty Coverage Period
overview
Overview
The Orange County Transportation Authority implemented the use of mobile ticketing stand-beside validators to validate mobile fare media. Staff is requesting Board of Directors’ approval to exercise the fourth option term to extend warranty coverage for the current mobile ticketing validators for a one-year period effective May 1, 2024 through April 30, 2025.
recommendation
Recommendation
Authorize the Chief Executive Officer to negotiate and execute Amendment No. 7 to Agreement No. C-6-0942 between the Orange County Transportation Authority and Init Innovations in Transportation, Inc., to exercise the fourth option term in the amount of $158,769, for extended warranty coverage and annual maintenance for mobile ticketing validators effective May 1, 2024 through April 30, 2025. Amending this agreement will increase the maximum cumulative payment obligation to a total contract value of $3,364,110.