The contract is for the implementation of Tyler Payments, an online payment processing solution, with Tyler Technologies, Inc. The initial term of the contract is three years with automatic annual renewals thereafter. The contract is valued at $7,090, but the aggregate value of payments processed through the system is expected to exceed $100,000. The contract was awarded based on a Competition Impracticable Determination. Key points of the contract include:
• The contract is for the implementation of Tyler Payments, an online payment processing solution.
• The initial term of the contract is three years with automatic annual renewals thereafter.
• The contract is valued at $7,090, but the aggregate value of payments processed through the system is expected to exceed $100,000.
• The contract was awarded based on a Competition Impracticable Determination.
• The contract commences upon award and will continue for three years with automatic one-year extensions thereafter, subject to the continued renewal of Tyler EagleRecorder and EagleQuickDocs.