Elk Grove City Council Agenda 2026-06-24
City Extends DebtBook Financial Software Contract Through 2029
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Description
Elk Grove City Council will consider ratifying and amending its contract with Fifth Asset, Inc. dba DebtBook to extend debt and treasury management software services through June 23, 2029, raising the total contract authority to an amount not to exceed $123,750. The action dispenses with formal RFP procedures and adds $78,000 in new funding.
Contract Details
Contract Amount
Increase by $78,000 (total not to exceed $123,750; existing amount $45,750)
Vendor
FIFTH ASSET INC DBA DEBTBOOK
Agency
City of Elk Grove, CA
Contract Type
TECHNOLOGY
Document Date
June 24, 2026
Contract Term
Through June 23, 2029
Renewal Date
2029-06-23
Renewal Info
Third amendment extends Contract No. C-22-760 (as amended by C-23-739) through June 23, 2029 and increases funding by $78,000, for a total not to exceed $123,750.
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