Item 18 Passedunofficial
Authorize a contract for Synario financial forecast software for Austin Water and Austin Financial Services with PFM Solutions LLC, for an initial term of two years with up to three one-year extension options in an amount not to exceed $1,224,000. Funding: $162,800 is available in the Operating Budget of Austin Water. $41,200 is available in the Operating Budget of Austin Financial Services. Funding for the remaining contract term is contingent upon available funding in future budgets.
The city wants to sign a contract with PFM Solutions LLC for Synario financial forecast software, which Austin Water and Austin Financial Services would use to model their long-range budget projections. The deal runs an initial two years with up to three one-year renewal options, for a total not to exceed $1,224,000. Right now, $162,800 is set aside in Austin Water's operating budget and $41,200 in Austin Financial Services', with the rest depending on funding in future budgets.
"without objection, the consent agenda is adopted" — meeting transcript (unofficial)