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:L1 EDMUNDS <br />& ASSOCIATES <br />Simple. . Solutions. <br />CONTRACT <br />The Contract covers the procurement, licensing, implementation, and maintenance understandings <br />between the parties. <br />VENDOR will complete a Fit/Gap Analysis and a Statement of Work [SOW], as defined herein. The <br />VENDOR will conduct an Implementation planning meeting within four (4) weeks of the date of this <br />agreement as part of the formal Fit /Gap analysis, and will deliver a revised SOW, Project Plan and Gantt <br />Chart to the CITY within 5 business days after this meeting. <br />Exhibit A attached hereto is VENDOR'S pricing based upon infonnation available to Within thirty (30) <br />days after delivery of the SOW by VENDOR to CITY, VENDOR and CITY will agree upon and execute <br />Final Exhibits to the Contract, setting forth the final scope of work., timetable, deliverables and functions <br />specifications, Named Individuals, and including such other amendments to the exhibits hereto and to <br />this Master Agreement as may be mutually agreed by the parties. <br />VENDOR agrees to complete the Project in accordance with the Contract, including the Final Exhibits, <br />and to provide maintenance for the Project for the pricing set forth in Exhibit A and in accordance with <br />VENDOR's Software Support and Maintenance Agreement attached as Exhibit D. <br />The license granted under the Contract shall be in perpetuity, the maintenance provided under the <br />Software Support and Maintenance Agreement shall be for ten (10 ) years as specified herein unless <br />terminated sooner pursuant to the provisions hereof. <br />Edmunds will honor the pricing in the final proposal for ten (10) years from the date of this agreement. <br />After the initial 10 year period the price of support & maintenance shall not increase by more 3.5% <br />annually. Although Edmunds shall adhere to the price constraints for ten (10) years, the City is not <br />obligated to commit to a ten -year agreement. <br />Year 6 Support & Maintenance not to exceed $ 29,903 <br />Year 7 Support & Maintenance not to exceed $ 30,950 <br />Year 8 Support & Maintenance not to exceed $ 32,033 <br />Year 9 Support & Maintenance not to exceed $ 33,154 <br />Year 10 Support & Maintenance not to exceed $ 34.314 <br />Amendments or addenda to the Contract may be executed in writing and signed by duly authorized <br />representatives of both parties to change or modify the Contract. <br />4 <br />