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HomeMy WebLinkAbout2025-12-15 I01E_02 Corpay Master Services AgreementAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: December 15, 2025 AGENDA ITEM:Consideration of approval of a resolution approving Master Service Agreement with Comdata, Inc. for their Corpay Complete Services Program. FORMAT:Resolution SYNOPSIS INCLUDING PRO & CON: The Finance Department would like to offer our accounts payable vendors, a method to be paid electronically through Corpay. The Finance staff will continue to process invoices as they do today, with the Directors or staff approving the invoice, Finance entering the invoice, and presenting the bills to the City Council for approval. After the bills are approved at the Council meeting, the payment file will be processed electronically through Corpay, rather than the paper checks being mailed. Once the file has been received by Corpay, they will process paper checks, ACH payments or virtual credit card payments to our vendors via whichever method each individual vendor chooses. The process will create several efficiencies for the City including the time no longer spent processing and mailing checks, the decreased fraud liability since our payments will be sent directly to Corpay and all vendor payments will be drawn from their account and with the rebates expected to be earned using the program. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:Estimated $75,000/year revenue after $5,000 one-time set-up fee and approximate $825/month fee. STAFF REVIEW AND COMMENT: Staff recommends Waukee enroll in the Corpay Complete Services Program and hold the new revenues, to be used in the year after collection as approved with the initial vendor pay program in December of 2012, for finance department items such as equipment or computer software upgrades. RECOMMENDATION: Approve the Resolution ATTACHMENTS: I. Proposed Resolution II. Corpay Master Services Agreement PREPARED BY:Rachel Downing I1E2 THE CITY OF WAUKEE, IOWA RESOLUTION 2025- APPROVING MASTER SERVICES AGREEMENT WITH COMDATA, INC. D/B/A CORPAY IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA WHEREAS, the City of Waukee, Dallas County, State of Iowa, is a duly organized Municipal Organization; AND, WHEREAS, the City desires to join the Comdata Corpay Complete program; AND, WHEREAS, Corpay would make vendor payments electronically, issue paper checks, initiate automatic clearing house and supply the City with physical employee credit cards. WHEREAS, The City will receive rebates based on our participating vendor payments volume. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee on this 15th day of December, 2025, that the Master Services Agreement between Comdata Inc. for Corpay Complete Services and the City of Waukee, Iowa is hereby approved. ____________________________ Courtney Clarke, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN R. Charles Bottenberg Chris Crone Rob Grove Anna Bergman Pierce Ben Sinclair