21-5998 Fleet Payment Solutions with Related Services (Sourcewell 030122 COOP )

The City of Goodyear has entered into a contract with U.S. Bancorp dba U.S. Bank Corporate Payment Systems for fleet payment solutions with related services. The contract is part of the NASPO ValuePoint Cooperative Purchasing Program and has a term of 5 years, with the option to extend. The contract includes provisions for incentive shares, payment terms, and termination. The City of Goodyear will use the Voyager Fleet Card Program for its fleet payment needs. Key aspects of the contract include: * The contract term is from July 1, 2021, to June 30, 2026 * The contract includes provisions for incentive shares based on transaction volume and payment performance * The City of Goodyear will use the Voyager Fleet Card Program for its fleet payment needs * The contract can be terminated by either party with 90 days' written notice