ORDINANCE approving and authorizing fourth amendment to the agreement for Credit Card Processing Services between the City of Houston and WELLS FARGO BANK, N.A. and WELLS FARGO MERCHANT SERVICES, LLC - Revenue

S36–C73974.A4 - Approve an ordinance authorizing a fourth amendment to the professional services contract no. 4600010361 between the City of Houston and Wells Fargo Bank, N.A. and Wells Fargo Merchant Services, LLC (approved by Ord. No. 2010-0727 on September 15, 2010) to extend the contract term from October 3, 2020 to October 3, 2021 for credit card processing services for Various Departments.

Specific Explanation:
The Chief Business Officer/ Director of the Finance Department and the Chief Procurement Officer recommend that City Council approve an amending ordinance authorizing a fourth amendment to the contract between the City of Houston and Wells Fargo Bank, N.A. and Wells Fargo Merchant Services, LLC to extend the agreement term for a maximum of twelve (12) months (October 3, 2020 to October 3, 2021) for credit card processing services for various departments.

The contract was originally awarded by City Council on September 15, 2010, per Ordinance No. 2010-0727 for a five year term with three one-year options. On July 6, 2016, per Ordinance No. 2016-0553, City Council approved a first amendment approving the Contractor’s amended Exhibit “B” to revise the Contractor’s processing fees. On September 5, 2018, per Ordinance No. 2018-0697, City Council approved a second amendment to extend the contract term to October 3, 2019. On September 4, 2019, per Ordinance No. 2019-0660, City Council approved a third amendment to extend the contract term to October 3, 2020. This is a Revenue Contract, therefore no expenditures are reflected. The extension will allow time for the City to complete its negotiations for a new contract.

The Contractor is required to provide electronic payment processing and gateway processing services to various City departments for accepting payments issued for various City fees, fines, and commercial burglar and fire permits. The payments are made by payees using credit card, debit card, and potentially electronic check or Automated Clearing House (ACH) payments. The Contractor provides customers with web-based payment portals and Point-of-Sale (POS) processing systems, including the Internet, Kiosks, telephone and POS payment modules for both remote clients and in-office payments.

M/WBE Participation:
Zero-Percentage Goal document approved by the Office of Business Opportunity.

Fiscal Note:
There is no impact to the fiscal budget, therefore, no fiscal note is required.

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Jerry Adams, Chief Procurement Officer                 Department Approval Authority Signature

Finance/Strategic Procurement Division