Title
Amendment to the Agreement with First Transit, Inc., for the Provision of Contracted Fixed-Route Service
Overview
On March 23, 2015, the Orange County Transportation Authority Board of Directors approved an agreement with First Transit, Inc., for the management and operation of contracted fixed-route, Stationlink, and express bus services. The initial term of the agreement expired on May 31, 2019. The first option term was exercised in 2019 and expired May 31, 2021. To ensure continuity of these services, until this item could be finalized and brought before the Board of Directors, an administrative amendment was executed to extend the agreement through June 30, 2021. At this time, staff seeks Board of Directors’ approval to exercise the second and final, two-year option term and apply revised rates for the option term through June 10, 2023.
Recommendation(s)
Authorize the Chief Executive Officer to negotiate and execute Amendment No. 14 to Agreement No. C-4-1737 between the Orange County Transportation Authority and First Transit, Inc., in the amount of $69,714,520, to exercise the second two-year option term to provide contracted fixed-route services through May 31, 2023, with adjustment of the end date to June 10, 2023, and permit reimbursement of First Transit, Inc. expenses related to maintaining a state of readiness and eligible for federal funding at amounts not to exceed $5,000,000 for the first and $3,000,000 for the second year of the option term, increasing the maximum obligation of the agreement to a total contract value of $315,856,805.