Posting Language
Title
Authorize an amendment to a contract for continued threat intelligence management platform support with Cyber Watch Systems, LLC, for an increase of $405,000 for a revised total contract amount not to exceed $476,970.
[Note: This procurement was reviewed for subcontracting opportunities in accordance with City Code Chapter 2-9B (Minority-Owned and Women-Owned Business Enterprise Procurement Program). For the services required for this procurement, there were no subcontracting opportunities; therefore, no subcontracting goals were established].
Body
Lead Department
Financial Services Department.
Client Department(s)
Information Security Office.
Fiscal Note
Funding in the amount of $139,655 is available in the Fiscal Year 2023-2024 Operating Budget of the Information Security Office.
Funding for the remaining contract term is contingent upon available funding in future budgets.
Purchasing Language:
Contract Amendment.
For More Information:
Direct questions regarding this Recommendation for Council Action to the Financial Services Department - Central Procurement at: FSDCentralProcurementRCAs@austintexas.gov or 512-974-2500.
Additional Backup Information:
The amendment will provide continued and expanded use of a threat intelligence platform. This tool enhances the City’s security operations by automating threat management, providing comprehensive threat visibility, accelerating incident response, supporting proactive threat hunting, and fostering collaboration and information sharing. It also optimizes resources, provides potential long-term cost savings, and integrates with the threat intelligence network used by national security agencies.
Additional functionalities not licensed initially by the City will aid with processing incoming cyber threat intelligence and assessing impacts on City operations.
The Texas Department of Information Resources cooperative is a cooperative purchasing association recognized under Texas procurement statutes. Cooperative associations, themselves or using a lead government, competitively solicit and award contracts that are eligible for use by other qualified state and local governments. Due to their substantial volumes, larger than any one government could achieve independently, cooperative contracts routinely include superior terms, conditions, and pricing. Use of cooperative contracts also results in lower administrative costs and time savings.
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Contract Details: |
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Contract Term |
Length of Term |
Current Contract Authorization |
Requested Additional Authorization |
Revised Total Authorization |
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Initial Term |
1 year |
$71,970 |
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$71,970 |
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Optional Extension 1 |
1 year |
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$202,500 |
$202,500 |
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Optional Extension 2 |
1 year |
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$202,500 |
$202,500 |
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Total |
3 years |
$71,970 |
$405,000 |
$476,970 |
Note: Contract Authorization amounts are based on the City’s estimated annual usage.