GovInvest Pension Software Contract Funding Increased
- 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
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.
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.
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
- Vendor
- Govinvest Inc
- Agency
- City of Phoenix
- Source document
- city_council_formal_meeting_minutes_june_2_2021.pdf (Minutes)
Govinvest Inc's other public contracts
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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.