Price agreement for support and maintenance for Infor Lawson Environments from Infor (US), Inc. (up to $70,000.00 annually) for one year with the option to renew for four additional one year periods totaling $350,000 if all extensions are exercised, and authorize the City Manager to execute the renewal options with aggregate price fluctuations of the lesser of up to $50,000 or 25% of the original maximum price so long as sufficient funding is appropriated by the City Council to satisfy the City’s obligation during the renewal terms

What this record is

Amount

$350K

Runs until

no end date published in this record

Type

amendment

Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council Development Committee

Introduced

May 17, 2018

On agenda

June 5, 2018

Passed

June 5, 2018