The City of Goodyear has entered into a software license agreement with NBS Government Finance Group, DBA NBS, for the use of the D-FAST 3 software program. The agreement includes a monthly license fee, one-time implementation fees, and ongoing technical support. The contract has a term of 7 years, with the option to renew for an additional term. The city's finance department is responsible for managing the contract, and the vendor is required to provide support and maintenance for the software. Key features of the contract include:
* Monthly license fee: $1,814.34
* One-time implementation fees: $0.00
* Technical support: included in the monthly license fee
* Contract term: 7 years
* Renewal option: yes
* Termination notice: 30 days.