Elk Grove City Council Agenda 2026-06-24
City Extends DebtBook Software Contract Through 2029
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Description
The City of Elk Grove will execute a third amendment with Fifth Asset, Inc., dba DebtBook, extending its debt and treasury management software contract through June 23, 2029. The amendment increases funding by $78,000, bringing the total contract value to an amount not to exceed $123,750.
Contract Details
Contract Amount
Increase by $78,000 for a total not to exceed $123,750
Vendor
FIFTH ASSET INC DBA DEBTBOOK
Agency
City of Elk Grove, CA
Contract Type
TECHNOLOGY
Document Date
June 23, 2026
Contract Term
Through June 23, 2029
Renewal Date
2029-06-23
Renewal Info
Third amendment extends the contract term through June 23, 2029 and increases the total not-to-exceed amount to $123,750 under a sole-source style exemption to formal RFP requirements.
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Elk Grove City Council Agenda 2026-06-24
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