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File #: 17-299   
Type: Orange County Transportation Authority Item Status: Committee Ready - Consent
File created: 1/26/2017 In control: Finance and Administration Committee
On agenda: 3/13/2017 Final action: 3/13/2017
Title: Agreement for Treasury Management Software System
Sponsors: Rodney Johnson, Andrew Oftelie
Attachments: 1. Transmittal, 2. Staff Report, 3. Attachment A

Title

Agreement for Treasury Management Software System

 

Overview

Consultant services are needed to provide a treasury management software system to assist in the compliance monitoring, performance measurement, audit, and reporting of the Orange County Transportation Authority’s investment portfolio.  One proposal was received and evaluated in accordance with the Orange County Transportation Authority’s procurement procedures for professional and technical services.  Board of Director’s approval is requested to execute an agreement for these services.

 

Recommendation(s)

 

A.                     Approve the selection of Clearwater Analytics, LLC, as the firm to provide a treasury management software system.

 

B.                     Authorize the Chief Executive Officer to negotiate and execute Agreement No. C-6-1547 between the Orange County Transportation Authority and Clearwater Analytics, LLC, in the amount of $588,306, for a five-year term, effective April 1, 2017 through March 31, 2022, to provide a treasury management software system.