Item - 2023.BA46.6

Tracking Status

This item was considered by Bid Award Panel on September 20, 2023 and was adopted without amendment.

BA46.6 - Award of Ariba Document Number 4042320161 to Talos Technologies Inc., for Intel471 - Cyber Threat Intelligence Licenses Subscription, Configuration and Training Services for the Office of the Chief Information Security Officer

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Panel Decision

The Bid Award Panel adopted the following:

1. Bid Award Panel grant authority to award the contract in accordance with the Contract Details set out in the report (September 14, 2023) from the Chief Procurement Officer:

Solicitation Number:

Request for Quotation, Ariba Document Number 4042320161

Description:

For Intel471 - Cyber Threat Intelligence licenses subscription, configuration and training services for a period of one (1) year from the date of Award with an option to extend for up to four (4) consecutive one (1) year periods.

Should the option(s) be exercised, then the Chief Information Security Officer will request the Chief Procurement Officer to process the renewals under the same terms and conditions.

Recommended Supplier:

Talos Technologies Inc.

Contract Award Value:

$258,400 net of all applicable taxes and charges

$291,992 including HST and all applicable charges

$262,948 net of HST recoveries

Contract is expected to start on October 1, 2023 and end on September 30, 2024.

Option Year 1: October 1, 2024 to September 30, 2025

$279,072 net of all applicable taxes and charges

$315,351 including HST and all applicable charges

$283,984 net of HST recoveries

Option Year 2: October 1, 2025 to September 30, 2026

$301,398 net of all applicable taxes and charges

$340,580 including HST and all applicable charges

$306,703 net of HST recoveries

Option Year 3: October 1, 2026 to September 30, 2027

$325,510 net of all applicable taxes and charges

$367,826 including HST and all applicable charges

$331,239 net of HST recoveries

Option Year 4: October 1, 2027 to September 30, 2028

$351,550 net of all applicable taxes and charges

$397,252 including HST and all applicable charges

$357,737 net of HST recoveries

The total potential contract award including all optional periods is $1,515,930 net of all applicable taxes and charges, $1,713,001 including all applicable taxes and charges. The total potential cost to the City including the optional periods is $1,542,610 net of HST recoveries.

Origin

(September 14, 2023) Report from the Chief Procurement Officer

Summary

Solicitation Issued: June 13, 2023 Solicitation Closed: July 6, 2023

Number of Addenda Issued: none

Number of Bids: Two (2)

Table 2: Summary of Bids Received including bid price

Supplier Name	Bid Price (excluding HST)
Talos Technologies Inc.	$1,515,930
Onx Enterprise	$1,623,994

Background Information

(September 14, 2023) Report from the Chief Procurement Officer on Award of Ariba Document Number 4042320161 to Talos Technologies Inc. for Intel471 - Cyber Threat Intelligence Licenses Subscription, Configuration and Training Services for the Office of the Chief Information Security Officer
https://www.toronto.ca/legdocs/mmis/2023/ba/bgrd/backgroundfile-239280.pdf

Motions

Motion to Adopt Item (Carried)

Moved by David McLeod.

Vote (Adopt Item)

Result:	Majority Required
Yes:	Leah Ross (Chair), Diana Santucci, Lena Dianda, David McLeod
No:
Absent: