TO: Board of Trustees
THROUGH: Carolyn Gonot, Executive Director
FROM: William Greene, Chief Financial Officer
PRESENTER(S): Kensey Kunkel, Manager Business Development & Sales
TITLE:
title
Fare Contract: Ed Pass Agreement Modification No. 1 (Mountainland Technical College)
end
AGENDA ITEM TYPE:
Service or Fare Approval
RECOMMENDATION:
Approve the Modification No. 1 to the Mountainland Technical College Ed Pass Agreement
BACKGROUND:
UTA and Mountainland Technical College (“MTECH”) are in the third year of their three-year Ed Pass Agreement. The value of the contract is $57,156 ($19,052/year) for 4,500 authorized users. MTECH provides a premium transit pass to all students, faculty and staff attending their institution. Each pass is valid fare on all UTA services except for Paratransit, Park City, and Ski Services. The current contract will expire on July 31, 2021. This agreement was originally approved under Resolution N2018-06-07 which was rescinded with resolution R2020-10-02.
DISCUSSION:
As both UTA and MTECH recover from the Pandemic and in the spirit of partnership, staff recommends that the MTECH 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.
CONTRACT SUMMARY:
Contractor Name:
Mountainland Technical College
Contract Number:
18-2797AB
Base Contract Effective Dates:
August 1, 2018 through July 31, 2021
Extended Contract Dates:
August 1, 2021 through July 31, 2022
Existing Contract Value:
$57,156
Amendment Amount:
$19,052
New/Total Amount Contract Value:
$76,208
Procurement Method:
NA
Funding Sources:
ALTERNATIVES:
1. Not approve the modification and renegotiate a new contract price and term 2. Not approve the modification and forgo revenue
FISCAL IMPACT:
$19,052 in revenue This revenue was anticipated in the adopted 2021 budget.
ATTACHMENTS:
1. Modification No. 1 2. Original Contract