This contract is for the renewal of Vuspex services, which allows for remote inspections to be completed in conjunction with Accela. The contract has a negotiated 3% annual uplift, with a total contract value of $245,198.78. The contract term is from May 13, 2023, to May 12, 2029. Key features of the contract include unlimited annual subscription, ongoing support, updates, and maintenance.
• The contract is a sole source purchase, with Vuspex Inc being the only practicable and reasonable source for the purchase.
• The contract has a total contract value of $245,198.78.
• The contract term is from May 13, 2023, to May 12, 2029.
• The contract has a negotiated 3% annual uplift.
• The contract includes ongoing support, updates, and maintenance.