Posting Language
Title
Ratify a contract for Bitsight products and services for Austin Energy and Information Security Office with Solid Border Inc., dba Momentumcom Inc., in the amount of $13,165. Funding: $13,165 was available in the Operating Budget of the Information Security Office.
Body
Lead Department
Financial Services Department.
Client Department(s)
Austin Energy, Information Security Office.
Fiscal Note
Funding in the amount of $13,165 was available in the Fiscal Year 2022-2023 Operating Budget of Information Security Office.
Purchasing Language:
Ratification.
MBE/WBE:
This contract is exempt from the City Code Chapter 2-9B (Minority-Owned and Women-Owned Business Enterprise Procurement Program); therefore, no subcontracting goals were established.
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:
This ratification is for Bitsight products and services, which provides cyber risk management. Annual expenditures for this contract were not expected to exceed the City Manager’s authority for any single year of the contract. When an additional City department was added to this contract in the second year, instead of making annual payments as planned, the City pre-paid for three years of service in Fiscal Year 2023. This pre-pay caused the combined expenditure for that year to exceed the City Manager’s authority by $13,165, requiring this ratification.