TRANSMITTAL LETTER FOR BOARD MEETING OF JANUARY 9, 2020
COMMITTEE ON PROCUREMENT
Mr. Brian A. Perkovich, Executive Director
Title
Authorization for payment to Dun & Bradstreet, Inc. (D&B) for 2020 DNBi for Risk Management subscription in the amount of $24,860.00, Account 101-15000-612280
Body
Dear Sir:
Authorization is requested to make payment to Dun & Bradstreet, Inc. (D&B) for the District’s 2020 DNBi for Risk Management subscription in the amount of $24,860.00. The term of the District’s subscription is January 1, 2020 through December 31, 2020.
Founded in 1933, with origins tracing back as far as 1841, D&B is one of the world’s leaders in providing accurate, up-to-date information on the financial standing of businesses around the world. The D&B Data Cloud holds over 330 million records, including over 120 million companies with hierarchical connections to other companies identified, enabling customers to identify areas of risk. Risk-based and revenue-based scores give insights into fraud potential, supplier viability, and more. “DNBi” is a web-based subscription which offers access to the Live D&B Business Identity information, the most complete and up-to-date information they have available. A one-year subscription to (550) vendor reports and alerts will be used to investigate the financial health of vendors, mitigating risk to the District. The Procurement & Materials Management Department would like to purchase access to D&B reports to avoid entering into a contract with a company that is on the verge of bankruptcy, or in poor financial health.
Inasmuch as DNBi for Risk Management subscription is not available through any other source, nothing would be gained by advertising for bids (Section 11.4 of the Purchasing Act).
It is hereby recommended that the Board of Commissioners authorize payment, by direct voucher, to Dun & Bradstreet, Inc., in the amount of $24,860.00. Funds are available in Account 101-15000-612280.
Requested, Eileen M. McElligott, Administrative Services Officer, JRM:TG:PS
Recommended, Darlene A. LoCascio, Director of Procurement and Materials Management
Respectfully Submitted, Barbara J. McGowan, Chairman Committee on Procurement
Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for January 9, 2020