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Awarded contract·West Virginia Secretary of State·West Virginia

Web based Unclaimed Property System

Won by Kelmar Associates LLC$2.6MSingle Award
Contract source

Awarded vendors

  • Kelmar Associates LLC

Description

The contract is for a web-based unclaimed property system, which includes maintenance and support fees, document management software, and online database information retrieval services. The contract has a term of 7 years, with an effective start date of August 15, 2019, and an effective end date of July 12, 2026. The contract has a total order amount, but the exact amount is not specified. The vendor, Kelmar Associates LLC, will provide the necessary services and support to the West Virginia Secretary of State. The contract includes various commodity lines, each with its own description, unit price, and service contract amount. Some of the key services include: • Maintenance or support fees: The vendor will provide maintenance and support services for the web-based unclaimed property system, including project management, software development, and technical support. • Document management software: The vendor will provide document management software, including OnBase Imaging Solution and KAPS Imaging & Document Management module. • Online database information retrieval service: The vendor will provide online database information retrieval services, including LexisNexis Authentication/ID Verification and Data Match. The contract also includes various fees, including annual fees, one-time fees, and hourly rates for services such as project management, software development, and technical support. • Annual fees: The vendor will charge annual fees for the maintenance and support services, ranging from $250,000 to $289,818.57. • One-time fees: The vendor will charge one-time fees for services such as data conversion and implementation, ranging from $50,000 to $5,200. • Hourly rates: The vendor will charge hourly rates for services such as project management, software development, and technical support, ranging from $125 to $354 per hour.

Attached files

Key dates

Starts
10/31/2025
Ends
7/12/2026Renews
Duration
7 years

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Information Technology and Software Development
NAICS
541610
Solicitation №
STO2000000001

Contract value

$2,645,200

Based on the contract document, the total order amount is not explicitly stated. However, the contract includes various fees, including annual fees, one-time fees, and hourly rates for services. The annual fees range from $250,000 to $289,818.57, and the one-time fees range from $50,000 to $5,200. The hourly rates range from $125 to $354 per hour. Assuming an average annual fee of $270,000 and an average hourly rate of $200 per hour, the total contract value could be estimated as follows: 7 years x $270,000 per year = $1,890,000 Plus one-time fees: $50,000 + $5,200 = $55,200 Plus hourly rates: assuming 500 hours per year at $200 per hour, the total hourly rate cost would be $100,000 per year. For 7 years, this would be $700,000. The total estimated contract value would be $1,890,000 + $55,200 + $700,000 = $2,645,200.

AI estimate from the award documents

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