IBM Selected for Enterprise Asset Management Implementation
- Disclosed value
- $21,223,018 plus share of 15% contingency of $4,552,500 (total across both IBM and Arcadis contracts not to exceed $34,770,058, plus taxes)
- From agenda
- Document date
- Aug 27, 2026
The 30-second brief
Sound Transit Board will consider Motion M2026-34 to enter into a $21.2 million implementation services agreement with International Business Machines Corporation to deliver an Enterprise Asset Management System platform and consulting services. The IBM agreement shares a 15 percent contingency with a related SaaS contract under a combined cap of $34.77 million plus taxes.
International Business Machines Corporation holds this technology contract with Central Puget Sound Regional Transit Authority. Its other public contracts on record include work for Riverside County.
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Contract details
- Contract type
- Technology
- Amount
- $21,223,018 plus share of 15% contingency of $4,552,500 (total across both IBM and Arcadis contracts not to exceed $34,770,058, plus taxes)
- Document date
- August 27, 2026
- Source document
- Sound Transit Agenda Board Meeting 2026-08-27 (Agenda)
International Business Machines Corporation's other public contracts
More Central Puget Sound Regional Transit Authority contracts
Questions about this contract
Who was awarded the technology contract by Central Puget Sound Regional Transit Authority?
International Business Machines Corporation was awarded this technology contract by Central Puget Sound Regional Transit Authority, as recorded on August 27, 2026. The contract value is $21,223,018 plus share of 15% contingency of $4,552,500 (total across both IBM and Arcadis contracts not to exceed $34,770,058, plus taxes).
How much is the International Business Machines Corporation contract with Central Puget Sound Regional Transit Authority worth?
The International Business Machines Corporation contract with Central Puget Sound Regional Transit Authority is valued at $21,223,018 plus share of 15% contingency of $4,552,500 (total across both IBM and Arcadis contracts not to exceed $34,770,058, plus taxes), covering technology work.
What type of contract is this?
This is a Technology contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Sound Transit Agenda Board Meeting 2026-08-27 (Agenda), dated August 27, 2026 from Central Puget Sound Regional Transit Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does International Business Machines Corporation hold?
International Business Machines Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Central Puget Sound Regional Transit Authority currently buying?
Explore Central Puget Sound Regional Transit Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.