The contract is for the implementation and annual service of the B2Gnow system, which includes various modules such as Baseline System & Vendor Management, Contract Compliance, and Online Application. The contract has a duration of 11 years, with an annual fee escalation limited to the greater of the applicable percentage of the CPI or 5% per annum. The contract includes setup, configuration, and training, as well as ongoing support and maintenance. Key features of the contract include:
* Baseline System & Vendor Management module
* Contract Compliance module
* Online Application module
* Certification Management module
* Standard Import Interfaces for Prime Payments
* Power BI license
* Annual maintenance and support
The contract value is estimated to be around $526,868.55, based on the budget amount provided.