The City of Yakima has awarded a contract to Paymentus Corporation for merchant services. The contract has a potential term of five years, with an approximate award amount of $270,000 annually. The scope of services includes the provision of merchant services for the City's utility services division. The contract includes provisions for payment, insurance, and termination. The City of Yakima reserves the right to reject any and all proposals, and the contractor must comply with all applicable laws and regulations. Some key points of the contract include:
* The contractor will provide merchant services for the City's utility services division
* The contract term is for three years, with the option to extend for two additional one-year terms
* The approximate award amount is $270,000 annually
* The contractor must comply with all applicable laws and regulations
* The City of Yakima reserves the right to reject any and all proposals