File #: 16-0771    Version: 1 Name: Amendment to SunTrust Commercial Card Agreement
Type: Item Approved on Behalf of the Board Status: Passed
File created: 8/31/2016 In control: Board of Mayor & Aldermen
On agenda: 9/27/2016 Final action: 9/27/2016
Title: Acknowledge Report Of Execution Of Amendment (Contract No. 2016-0266) To The City's Commercial Card Agreement With SunTrust Bank For Purchasing Card Program Services
Sponsors: Brian Wilcox
Attachments: 1. 2016-0266 SunTrust Amendment to Commercial Card Agreement, signed

 

DATE:                                                               September 20, 2016

 

TO:                                          Board of Mayor and Aldermen

 

FROM:                                          Eric Stuckey, City Administrator

                                          Russell Truell, Assistant City Administrator / CFO

                                          Brian Wilcox, Purchasing Manager

 

SUBJECT:                                          

title

Acknowledge Report Of Execution Of Amendment (Contract No. 2016-0266) To The City’s Commercial Card Agreement With SunTrust Bank For Purchasing Card Program Services

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Purpose

The purpose of the referenced amendment is to update the list of City personnel designated as “program administrators” for the City’s purchasing card program.

 

Background

The Purchasing Office staffing changed recently.  Pursuant to the City’s Commercial Card Agreement with SunTrust Bank for purchasing card program services, the City has on file with the bank a list of City personnel designated as “program administrators” who, as such, are authorized to order purchasing cards, cancel purchasing cards and adjust the spend limits on active purchasing cards.  The change in Purchasing Office staffing required an update to the list of program administrators for the City.

 

Financial Impact

Staff is not aware of any foreseeable financial impact resulting from this update to the list of program administrators for the City.

 

Recommendation

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Pursuant to authority previously granted by the Board of Mayor and Aldermen, an amendment (Contract No. 2016-0266) to the City’s Commercial Card Agreement with SunTrust Bank for purchasing card program services has been executed by the City Administrator and is attached.