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Type:
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Service or Fare Approval
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Status:
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Passed
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On agenda:
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6/23/2021
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Final action:
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6/23/2021
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Title:
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Fare Contract: Ed Pass Agreement Modification No. 1 (Salt Lake Community College)
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TO: Board of Trustees
THROUGH: Carolyn Gonot, Executive Director
FROM: William Greene, Chief Financial Officer
PRESENTER(S): Kensey Kunkel, Manager Business Dev. & Sales
TITLE:
title
Fare Contract: Ed Pass Agreement Modification No. 1 (Salt Lake Community College)
end
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AGENDA ITEM TYPE: |
Service or Fare Approval |
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RECOMMENDATION: |
Approve the Modification to the Salt Lake Community College Ed Pass Agreement |
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BACKGROUND: |
UTA and the Salt Lake Community College (“SLCC”) are in the third year of their three (3) year Ed Pass Agreement. The value of the contract is $1,056,000 ($352,000/year) for 27,000 authorized users. SLCC provides a premium transit pass to all students, faculty and staff attending their institution. Each pass is valid fare valid on all UTA services except for Paratransit, Park City, and Ski Services. The current contract will expire on July 21, 2021. This agreement was originally approved under resolution R2018-06-07. On October 21, 2020, the UTA Board of Trustees approved resolution R2020-10-02 Adopting the Fare Rates and Types of Fare Media of the Agency. The Board’s actions to adopt this resolution rescinded the reduced fare agreements adopted in resolution R2018-06-07, including Education Pass Agreements. |
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DISCUSSION: |
As both UTA and SLCC recover from the pandemic and in the spirit of partnership, staff recommends that the SLCC Ed Pass Contract be extended for one additional year. The updated contract term will be August 1, 2018 through July 31, 2022. All other terms of the contract will remain the same including the authorized users and base purchase price of 27,000 and $352,000, respectively. |
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CONTRACT SUMMARY: |
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Contractor Name: |
Salt Lake Community College |
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Contract Number: |
18-2682AB-1 |
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Base Contract Effective Dates: |
August 1, 2018 through July 31, 2021 |
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Extended Contract Dates: |
August 1, 2021 through July 31, 2022 |
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Existing Contract Value: |
$1,056,000 |
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Amendment Amount: |
$352,000 |
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New/Total Amount Contract Value: |
$1,408,000 |
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Procurement Method: |
NA |
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Funding Sources: |
NA |
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ALTERNATIVES: |
1. Not approve the amendment and renegotiate a new contract price and term 2. Not approve the amendment and forgo revenue |
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FISCAL IMPACT: |
$352,000 in revenue This revenue was anticipated in the adopted 2021 Budget. |
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ATTACHMENTS: |
1) Modification 1 2) Original Contract |
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