This emergency procurement ensures uninterrupted licensing, maintenance, and support of the Emphasys Software platform that underpins SC Housing’s mortgage servicing, compliance monitoring, and financial reporting functions. The existing contracts expire on June 30 2026; without a continuation, agency operations would be jeopardized. The award is a one‑year base period with a one‑year renewal option, totaling up to two years of service. The contract is a sole‑source, fixed‑price agreement with detailed module‑by‑module fees totaling $541,438.46 for the two‑year horizon.
• Scope: Ongoing software licensing, updates, security patches, and technical support for the Emphasys system.
• Duration: 1‑year base term, renewable for a second year.
• Value: $541,438.46 (two‑year total) with fixed fees per module.
• Vendor: Emphasys Software (sole provider of the platform).
• Reason: Prevent loss of mission‑critical functionality after existing contracts lapse.