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

This bill authorizes the District of Columbia Council to approve a two-year extension of an existing contract with Paymentech LLC for providing merchant payment processing services to the Office of Finance and Treasury. The resolution permits the contract to continue through May 2028 with a maximum budget of $10 million, allowing the District to maintain its current payment processing capabilities without interruption. By approving this extension, the Council ensures ongoing financial transaction services for the District while adhering to established procurement laws. The measure is a routine administrative action that extends an existing service agreement rather than introducing new policies or changing how payments are processed.