San Diego
City Council
Agenda Item 331
Item 331: Extension of Citywide Merchant Card Processing Services Contract (Fiserv).\nThis item will be heard in the morning session which is scheduled to begin at 10:00\na.m.\nTotal Estimated Cost of Proposed Action and Funding Source:\nThis action is to extend the agreement for up to three years, not to extend beyond April\n30, 2027, and increase the not-to-exceed (NTE) amount by $7,650,000 (to $18,200,000\nfrom $10,550,000). Approximately 3% of costs will be allocated to the General Fund,\nwith 97% of costs being allocated to Non-General Funds.\nCouncil District(s) Affected: Citywide.\nProposed Actions:\n(O-2024-65)\nIntroduction of an Ordinance Authorizing the Fifth Amendment to Contract for Merchant\nCard Processing Services between the City, PNC Bank, and First Data Merchant Services\nLLC to Extend the Term Beyond Five Years and Increase the Not to Exceed Amount.\n6 votes required pursuant to Charter Section 99.\nCommittee Actions Taken: N/A\nOffice of the City Treasurer: Emmanuel Labrinos, (619) 533-6256\nCity Attorney Contact: Bret A. Bartolotta