THE GREATER FORT LAUDERDALE CONVENTION AND VISITORS BUREAU RECOMMENDS APPROVAL OF THE ABOVE MOTION.
On June 10, 2014, the Director of Purchasing signed a four-year agreement with Passkey International, Inc. for the Passkey group reservation management software solution for use at the GFLCVB. This agreement is valid through June 10, 2018, for an estimated amount of $152,250.
In April 2014, Lanyon Solutions, Inc., a leader in meetings, events, and travel technology, announced it had acquired Passkey International, Inc. On November 29, 2016, Lanyon Solutions, Inc. merged with Cvent, Inc., an industry leader in meetings management technology.
The current agreement with Passkey International, Inc. expires June 10, 2018. GFLCVB has utilized the Passkey software solution for several years and procuring another system is not feasible at this time due to additional cost, time constraints, and potential loss of group booking history.
The proposed delegation of authority to the Director of Purchasing is to negotiate and execute a new agreement with Cvent, Inc. for a period of four years and a total not-to-exceed amount of $230,000.
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