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OpenGov Budget Software Procurement
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DESCRIPTION: Establish Contract with OpenGov for Organizational and Capital Budgeting services
AGENDA NO: Click or tap here to enter text.
ACTION REQUEST:
? Approval ? Review Comment ? Information Only ? Other
RECOMMENDATION:
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Authorize the Chief Executive Officer to enter to a contract with OpenGov for Organizational and Capital Budgeting services under the State of Louisiana Contract distributed by Cloud Solution- Carahsoft as part of the NASPO Cloud State Contract, 4400010663; Vendor #310005739. The prorated first year and optional three-year contract for software support and implementation will result in a $653,768.55 financial impact.
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ISSUE/BACKGROUND:
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In conjunction with our Oracle ERP Implementation, the RTA budget function needs a robust and functional budgeting system that can fully integrate with the new Oracle ERP system. As we moved through the implementation process, we learned that the capital budgeting component was never in scope of the current Oracle ERP implementation and would have been an additional cost in module and implementation fees. After further review of a full budget program that allows for project/grant coordination and prioritization, capital and organizational budgeting features and the automation of an annual budget book for internal and external consumption and taking into consideration the additional costs to implement a capital budgeting program in Oracle, staff recommends that we pull the organizational budgeting feature out of the ERP implantation scope and utilize those savings to implement the full budget suite of products with Opengov.
The agency would procure this software through State Contract vendor Cloud Solutions- Carahsoft Tech Corp, distributed through Opengov, in accordance with the NASPO Cloud State Contract #440010663. This software is currently used by the LA State Treasurer and LA Department of Education as well as a host ...
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