Title
Resolution authorizing a contract with Mythics, Inc., Virginia Beach, Virginia, for licensing and subscription of the Oracle Enterprise Performance Management Cloud application for a period of three years in an amount not to exceed $139,920 annually for a total of $419,760 with the option to renew for an additional three years.
Staff Summary
• Oracle Enterprise Performance Management is the County-wide budgeting software and is used to manage budgets for all County departments.
• This contract provides for the licensing and subscription of the Oracle Enterprise Performance Management Cloud application for a period of three years in an amount not to exceed $139,920 annually for a total of $419,760 with an option to renew for an additional three years.
• Pursuant to Chapter 33.115 of the County’s Purchasing Ordinance, Cooperative Joint Purchasing Authorized, the County may participate in a cooperative purchasing agreement for the procurement of goods, services, construction, or professional services with one or more public procurement units in accordance with an agreement entered into between the participants.
• A cooperative purchasing contract with Mythics, Inc. for Oracle solutions has been identified through the IL Central Management Services (CMT1116440) to procure the needed goods, services, construction, or professional services that were competitively solicited and awarded.
Body
RESOLUTION
WHEREAS, Oracle Enterprise Performance Management is the County-wide budgeting software and is used to manage budgets for all County departments; and
WHEREAS, this contract provides for the licensing and subscription of the Oracle Enterprise Performance Management Cloud application for a period of three years in an amount not to exceed $139,920 annually for a total of $419,760 with an option to renew for an additional three years; and
WHEREAS, Pursuant to Chapter 33.115 of the County’s Purchasing Ordinance, Cooperative Joint Purchasing Authorized, the County may participate in a cooperative purchasing agreement for the procurement of goods, services, construction, or professional services with one or more public procurement units in accordance with an agreement entered into between the participants; and
WHEREAS, a cooperative purchasing contract through IL Central Management Services (CMT1116440) has been identified to procure the competitively solicited and awarded services.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that the Purchasing Agent is authorized to enter into a contract with Mythics, Inc. for licensing and subscription of the Oracle Enterprise Performance Management Cloud application for the period of three years in an amount not to exceed $139,920 annually for a total of $419,760 with the option to renew for an additional three years to be funded out of 101-1300030-71230.
DATED at Waukegan, Illinois, on January 16, 2024.