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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Viola Miller, Chief Financial Officer |
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PRESENTER(S): |
Kensey Kunkel, Manager of Fare Strategy |
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TITLE:
title
Fare Agreement: Pass Purchase and Administration Agreement Modification No. 2 (Davis Technical College)
end
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AGENDA ITEM TYPE:
Service or Fare Approval
RECOMMENDATION:
Approve and authorize the Executive Director to execute Modification No. 2 to the Davis Technical College Trip Based Education Pass Purchase and Administration Agreement
BACKGROUND:
UTA and Davis Technical College (Davis Tech) are longstanding partners dedicated to providing access to transit for the institution’s students, faculty, and staff. For the 2022-23 school year, Davis Tech renewed their Pass Purchase and Administration Agreement with UTA contract modification 21-F0205-1, which was approved by the board on July 27, 2022.
Through the agreement, Davis Tech pays for each trip taken by its authorized users on UTA services and UTA gives Davis Tech a twenty-five (25) percent discount on the public fare. Authorized users include enrolled students and faculty and staff. Davis Tech utilizes a UTA printed pass that is valid for use on all UTA services except for Paratransit, Salt Lake-PC Connect and Ski Services.
The current Modification No. 1 will expire on July 31, 2023.
DISCUSSION:
In the spirit of partnership, UTA and Davis Tech wish to extend the current contract for one additional year through contract Modification No. 2 . The new contract term will be August 1, 2023 through July 31, 2024. All other terms of the contract, including the discount of twenty-five percent will remain the same.
CONTRACT SUMMARY:
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Contractor Name: |
Davis Technical College |
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Contract Number: |
21-F0205-2 |
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Base Contract Effective Dates: |
August 1, 2021, through July 31, 2023 |
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Extended Contract Dates: |
August 1, 2023, through July 31, 2024 |
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Existing Contract Value: |
$59,000 |
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Amendment Amount: |
$32,000 |
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New/Total Contract Value: |
$91,000 |
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Procurement Method: |
N/A |
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Budget Authority: |
N/A |
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ALTERNATIVES:
1. Not approve the modification and renegotiate a new contract price and term.
2. Not approve the modification and forgo associated revenue.
FISCAL IMPACT:
Estimated thirty-two thousand ($32,000) in revenue August 2023 - July 2024. Revenue was estimated using historical ridership and revenue.
ATTACHMENTS:
Contract Modification No.2