THE PURCHASING DIVISION AND THE TRANSPORTATION DEPARTMENT/TRANSIT DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTION.
The Office of Economic and Small Business Development (OESBD) did not reserve this project for Small Business Enterprise under the Sheltered Market Program, or assign County Business Enterprise participation goals to this solicitation based on the review of products and services requested.
This contract provides for the furnishing of all labor, materials, equipment and services required to provide Broward County Transit (BCT) with magnetic stripe tickets on an as needed basis.
The initial bid submitted by the low bidder, Paragon Magnadata, Inc., was $136,975; the Vendor offered a Voluntary Price Reduction resulting in a savings of $3,487 and a revised estimated annual amount of $133,488. The Broward County Procurement Code, Section 21.30.f.2(c), allows for acceptance of a voluntary reduction after bid opening, if such reduction does not result in the modification or deletion of any condition of the bid.
The Transit Division reviewed the bid submitted by Paragon Magnadata, Inc. and concurs with the recommendation for award (Exhibit 3). No vendor performance evaluations were completed for Paragon Magnadata, Inc.
The purchasing agent has researched the prices submitted by the recommended bidder, Paragon Magnadata, Inc., and has determined that the prices submitted are fair, reasonable and aligned with market analysis for the industry (Exhibit 4).
The amounts referenced in this agenda item are rounded to the nearest whole dollar. Vendor payments will be based on the actual bid amount. The bid tabulation reflects the actual amount of the award.
Incumbent: Electronic Data Magnetics; Contract No. and Title: V1281427B1, Magnetic Swipe Tickets; Contract Term: April 1, 2015 through June 30, 2018. Expenditures to date: $229,355.
The bid posted on January 17, 2018 and opened on January 31, 2018; three bids were received with two declinations.
There were no protests received for this solicitation.
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