Development Agreement

This contract is a development agreement between the Hillsborough County Aviation Authority and The Indoor Lab LLC for software development, cobranding, and revenue share. The agreement outlines the scope of services, term, fees, and payments. The company will provide services including design, software development, implementation, cobranding, maintenance, and support for the solution. The authority will compensate the company with a percentage of the net solution sales and annual recurring revenue. The contract has a term of 7 years with two 5-year renewal options. The agreement also includes provisions for termination, transition assistance, and dispute resolution. Key aspects of the scope of work include vehicle height monitoring, hard stand monitoring, and airside terminal monitoring using LiDAR and AI-driven perception software. The solution must meet specific acceptance criteria, including accurate measurements and acceptable degrees of accuracy detection rates.