Simi Valley Recommends PlanetBids eProcurement Contract | City of Simi Valley | PLANETBIDS LLC

Scope & details

The full contract record, as filed.

Contract amount

Not-to-exceed $388,290.24 for the five-year initial term; first-year service fee $60,089.73, or $73,850.00 if Insurance Certificate Management is retained after the pilot

Contract type

TECHNOLOGY

Contract term

October 6, 2026 – October 5, 2031

Renewal date

2031-10-05

Renewal

One optional additional five-year renewal term is authorized for consideration. Annual fees increase by 5% beginning in subsequent years and renewal terms; the Insurance Certificate Management module has a 120-day pilot period ending February 3, 2027, after which the City may terminate or retain it.

Document type

StaffReport

Source document

City of Simi Valley StaffReport Award a contract to PlanetBids, LLC for an eProcurement Solutions System 2026-09-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the technology contract by City of Simi Valley?

Planetbids Llc was awarded this technology contract by City of Simi Valley, as recorded on September 28, 2026. The contract value is Not-to-exceed $388,290.24 for the five-year initial term; first-year service fee $60,089.73, or $73,850.00 if Insurance Certificate Management is retained after the pilot.

How much is the Planetbids Llc contract with City of Simi Valley worth?

The Planetbids Llc contract with City of Simi Valley is valued at Not-to-exceed $388,290.24 for the five-year initial term; first-year service fee $60,089.73, or $73,850.00 if Insurance Certificate Management is retained after the pilot, covering technology work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Simi Valley StaffReport Award a contract to PlanetBids, LLC for an eProcurement Solutions System 2026-09-28 (StaffReport), dated September 28, 2026 from City of Simi Valley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Planetbids Llc hold?

Planetbids Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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