|Estimated/Actual Value Description:||The total price for the initial five year term is $24,516,432.60 and is calculated as follows:|
For the perpetual Software License Agreement, the total price is $4,896,626.
The cost of five years (the initial term of the contract) of software support and maintenance is estimated at $5,442,910.
Hosting services may be contracted for within the scope of the solicitation at a total cost not to exceed $11,948,130. The State has not determined whether it will exercise the option to have the vendor provide hosting services, but includes the value in the total cost as an option. In the event hosting services are not selected, there will be a $65,000 installation fee per environment.
Professional services may be contracted for in an amount not to exceed 10% of the total software license, maintenance, and potential hosting costs ($2,228,766.60).
In the event the State renews the contract, years 6-10 provide a software maintenance cost of $1,088,582 per year ($5,442,910 for 5 years).
The cost of hosting services for years 6-10 is not determined at this time.