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File #: 23-1869    Version: 1
Type: Resolution Status: Approval Review
File created: 11/21/2023 In control: Finance & Governance Committee
On agenda: 11/28/2023 Final action:
Title: Approves a contract with Vertosoft LLC for $441,100 and a term of 4 years to provide audit management software, citywide. 202370969.
Indexes: Lucas Palmisano
Attachments: 1. RR23-1869_Resolution_Request_Form_AUDIT-202370969 Vertosoft LLC 11.6.pdf

Contract Request Template (Contracts; IGAs; Leases)

 

Date Submitted: 11-27-2023

 

Requesting Agency: Auditor’s Office

                               Division:

 

Subject Matter Expert Name: Arielle Denis
Email Address:
Arielle.Denis@denvergov.org <mailto:Arielle.Denis@denvergov.org>
Phone Number:

 

Item Title & Description:

(Do not delete the following instructions)

These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).

 

Both the title and description must be entered between the red “title” and “body” below.  Do not at any time delete the red “title” or “body” markers from this template.

title

Approves a contract with Vertosoft LLC for $441,100 and a term of 4 years to provide audit management software, citywide. 202370969.

body

 

Affected Council District(s) or citywide?

Citywide

Contract Control Number:

202370969

Vendor/Contractor Name (including any “DBA”):

Vertosoft LLC

Type and Scope of services to be performed:

Contract execution for Diligent Internal Audit Management Software. The scope of work includes software and licensing for 52 users.

Location (if applicable):

 

WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):

N/A

Are WBE/MBE/DBE goals met (if applicable)?

N/A

Is the contract new/a renewal/extension or amendment?

new

Was this contractor selected by competitive process or sole source?

Competitive process

For New contracts

Term of initial contract:

4 years

Options for Renewal:

                     How many renewals (i.e. up to 2 renewals)?

                     Term of any renewals (i.e. 1 year each):

 

Cost of initial contract term: $441,100

 

Cost of any renewals:

 

Total contract value council is approving if all renewals exercised:

 

For Amendments/Renewals Extensions:

Is this a change to cost/pricing; length of term; terms unrelated to time or price (List all that apply)?

 

If length changing

What was the length of the term of the original contract?

 

What is the length of the extension/renewal?

 

What is the revised total term of the contract?

 

If cost changing

What was the original value of the entire contract prior to this proposed change?

 

What is the value of the proposed change?

 

What is the new/revised total value including change?

 

If terms changing

Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)