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Metropolitan Transportation Commission Administration Committee Transcript May 2026

Oracle Cloud Budgeting Subscription Expanded via Mythics

$900,000Metropolitan Transportation CommissionMYTHICSMay 13, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Administration Committee approved a $900,000 amendment to Mythics’ Oracle Cloud subscription contract to add ERP budgeting licenses. The added licenses enable budgeting within Oracle and are expected to save the agency nearly $500,000 over the contract term by replacing a costlier legacy budgeting system.

Contract Details

Contract Amount

$900,000

Vendor

MYTHICS

Agency

Metropolitan Transportation Commission, CA

Contract Type

LICENSE

Document Date

May 13, 2026

Contract Term

remainder of ten-year Oracle ERP software term, renewed annually

Renewal Date

2034-06-30

Renewal Info

Oracle ERP software contract was originally approved for a ten-year term with known cost outlay; this amendment adds budgeting licenses. The contract renews annually, with non-performance provisions, and future amendments are only required if additional products are added.

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