Contract No. CFOPD-17-C-009, Extension Approval and Payment Authorization Approval Resolution of 2026

Plain English Breakdown

Checked against official source text during the last sync.

Extension and Payment Authorization for Contract CFOPD-17-C-009

The bill approves the extension of a contract between the District of Columbia's Office of Finance and Treasury and Paymentech LLC to provide merchant processing services, with an additional payment authorization.

What This Bill Does

• Approves extending Contract No. CFOPD-17-C-009 for two more years from May 19, 2026, through May 18, 2028.
• Sets a maximum spending limit of $10 million for the extension period.
• Requires the Council to send a copy of this resolution to the Chief Financial Officer after it is adopted.

Who It Names or Affects

• The District of Columbia's Office of Finance and Treasury
• Paymentech LLC, which provides merchant processing services

Terms To Know

Contract No. CFOPD-17-C-009

A specific contract between the District of Columbia’s Office of Finance and Treasury and Paymentech LLC for providing merchant processing services.

Merchant Processing Services

Services that help businesses process payments from customers, including credit card transactions.

Limits and Unknowns

• The bill does not specify what happens if the spending limit of $10 million is reached before the end date.
• It does not provide details on how the contract was originally approved or why it needs to be extended now.

Official Summary Text

Contract No. CFOPD-17-C-009, Extension Approval and Payment Authorization Approval Resolution of 2026

Current Bill Text

ENROLLED ORIGINAL

1

A RESOLUTION

26-395

IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

May 5, 2026

To approve the multiyear extension of Contract No. CFOPD-17-C-009 with Paymentech LLC
to continue to provide merchant processing services on behalf of the Office of Finance
and Treasury.

RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this
resolution may be cit ed as the “Contract No. CFOPD -17-C-009 Extension and Payment
Authorization Approval R esolution of 2026”.

Sec. 2. (a) Pursuant to s ection 451 of the District of Columbia Home Rule Act,
approved December 24, 1973 (87 Stat. 803; D.C. Official Code § 1- 204.51), and section 202
of the Procurement Practices Reform Act of 2010, effective April 8, 2011 (D.C. Law 18-371;
D.C. Official Code § 2- 352.02), the Counc il approves multiyear option period 4 to Contract
No. CFOPD- 17-C-009 with Paymentech LLC to provide merchant services processing on
behalf of the Office of Finance and Treasury.
(b) The period of performance for the multiyear option is from May 19, 2026 , through
May 18, 2028, in the not -to-exceed amount of $10 million.

Sec. 3. Transmittal.
The Council shall transmit a copy of this resolution, upon its adoption, to the Chief
Financial Officer.

Sec. 4. Fiscal impact statement.
The Council adopts the fiscal impact statement of the Chief Financial Officer as the
fiscal impact statement required by section 4a of the General Legislative Procedures Act of
1975, approved October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1- 301.47a).

Sec. 5. Effective date.
This resolution shall take effect immediately.