CONTRACTAMENDED

GovInvest Pension Software Contract Funding Increased

City of Phoenix logoCity of Phoenix
Disclosed value
$150,000.00 (additional, revised aggregate not to exceed $225,000)
From minutes
Document date
Jun 2, 2021
Term
July 1, 2020 through June 30, 2023

The 30-second brief

What it covers

Council authorized an additional $150,000 under Contract 153021 with GovInvest, Inc., increasing the aggregate value to $225,000 for cloud-based pension actuarial software through June 30, 2023. The Finance Department uses the tool to model impacts on City pension obligations.

Who holds it

Govinvest Inc holds this technology contract with City of Phoenix. Its other public contracts on record include work for Mendocino City Community Services District and Delta Diablo.

What happens next

Term as filed: July 1, 2020 through June 30, 2023.

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Contract details

Contract type
Technology
Amount
$150,000.00 (additional, revised aggregate not to exceed $225,000)
Document date
June 2, 2021
Term
July 1, 2020 through June 30, 2023
Source document
city_council_formal_meeting_minutes_june_2_2021.pdf (Minutes)

Govinvest Inc's other public contracts

More City of Phoenix contracts

Questions about this contract

Who was awarded the technology contract by City of Phoenix?

Govinvest Inc was awarded this technology contract by City of Phoenix, as recorded on June 2, 2021. The contract value is $150,000.00 (additional, revised aggregate not to exceed $225,000).

How much is the Govinvest Inc contract with City of Phoenix worth?

The Govinvest Inc contract with City of Phoenix is valued at $150,000.00 (additional, revised aggregate not to exceed $225,000), covering technology work.

What type of contract is this?

This is a Technology contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in city_council_formal_meeting_minutes_june_2_2021.pdf (Minutes), dated June 2, 2021 from City of Phoenix. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Govinvest Inc hold?

Govinvest Inc 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 City of Phoenix currently buying?

Explore City of Phoenix's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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