Amends contract for merchant processing services to extend option period.
The District of Columbia Office of the Chief Financial Officer (OCFO) amends contract CFOPD-17-C-009 with Paymentech LLC to extend the remainder of Option Period Three for merchant processing services. The contract is extended from May 19, 2025, through May 18, 2026, with a funding amount not to exceed $10,000,000.00. The amendment incorporates changes to the solicitation requirements and updates contract terms and conditions. The amendment is based on a previously approved waiver of the 35% subcontracting requirement for merchant processing services.
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