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  5. ›DEBT & LEASE MANAGEMENT SOFTWARE/CONSULTING SVCS

Awarded contract·Town of Queen Creek, Arizona·Arizona

DEBT & LEASE MANAGEMENT SOFTWARE/CONSULTING SVCS

Won by Fifth Asset, Inc., d/b/a DebtBook$39kSingle Award
Contract source

Awarded vendors

  • Fifth Asset, Inc., d/b/a DebtBook

Description

The Town of Queen Creek, Arizona, has entered into a cooperative purchase agreement with Fifth Asset, Inc., d/b/a DebtBook, for debt and lease management software and consulting services. The contract has a term of four years, with the option to renew, and includes an initial implementation fee and annual subscription fees. The services provided under the contract include debt and lease management software, onboarding and implementation services, and support services. The contract also includes provisions for confidentiality, intellectual property, and termination. The Town of Queen Creek, Arizona, and DebtBook have agreed to work together to provide these services, with the goal of improving the town's debt and lease management capabilities. • The contract includes an initial implementation fee of $2,000, which is discounted to $0 for the first year. • The annual subscription fee is $9,750, which includes unlimited users and external sharing. • The contract has a term of four years, with the option to renew for additional terms. • The services provided under the contract include debt and lease management software, onboarding and implementation services, and support services. • The contract includes provisions for confidentiality, intellectual property, and termination.

Attached files

Key dates

Starts
9/30/2022
Ends
9/29/2026Renews
Duration
4 years

Last updated

Details

Award type
Single Award
Industry
Information Technology and Software Development
NAICS
511210
Solicitation №
2022-135

Contract value

$39,000

Based on the contract document, the total value of the contract is estimated to be $39,000, which is calculated by multiplying the annual subscription fee of $9,750 by the term of four years. This estimate does not include the initial implementation fee, which is discounted to $0 for the first year. The contract also includes provisions for additional fees, such as the cost of any additional services or support. However, these fees are not specified in the contract document and are therefore not included in this estimate. The contract is a firm-fixed-price contract, which means that the vendor is responsible for providing the services at the agreed-upon price, regardless of the actual cost. This type of contract is often used for services that are well-defined and have a clear scope of work, such as software development and implementation. The procurement type is a cooperative contract, which means that the town is working with a vendor that has already been contracted by another government agency. This type of contract can provide benefits such as cost savings and streamlined procurement processes.

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