District of Columbia Cobblestone Systems #SS-12

Lock Box and Collection Services Sole Source Contract Extension

The District of Columbia's Office of the Chief Financial Officer, Office of Finance and Treasury, has extended several sole source contracts with various vendors, including Industrial Bank, NA; The PFM Group; Phoenix Capital Partners, LLP; First Southwest Company; CGS Advisors, Inc.; Government Finance Group; and Scientific Games International, Inc., to provide financial advisory services, lock box, and secondary collection services related to DMV violations and instant ticket products. These extensions, covering periods from late 2012 through early 2013, were justified due to the vendors' demonstrated performance, unique qualifications, and the need for uninterrupted services while the District develops and procures new contracts through competitive processes. The contracts support multiple District agencies and locations within Washington, D.C., with estimated prices ranging from approximately $300,000 to over $4.4 million. The procurement process was conducted under the authority of the District's procurement statutes, with certifications from the Acting Treasurer and the Director of Contracts.

Description

The Government of the District of Columbia Office of the Chief Financial Officers, Office of Finance and Treasury has an immediate need for continuing services of a contractor to provide secondary collections services for the Department of Motor Vehicles. The incumbent contractor, Industrial Bank, NA, has satisfactorily provided the requested service for over five years. The contract extension period is from October 1, 2012 through September 30, 2013 with an estimated price of $4,477,500.00. The extension is necessary to ensure continuity of service while a competitive procurement process is completed.

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