Ordinance approving a contract with Kofax, Inc., to provide the Information Technology Services Department with upgrades and continued maintenance and support for the accounts payable invoice system software for an estimated total contract cost of $342,122.12 over a five-year period. The FY 2021 costs for this contract are $67,328.00 for the software upgrades and $49,731.00 for maintenance and support fees, for a total FY 2021 cost of $117,059.00. Funding for the FY 2021 costs are available in the FY 2021 Information Technology Services Fund Adopted Budget. Funding for annually recurring maintenance and support fees will be subject to City Council approval of the annual budget. [Ben Gorzell, Chief Financial Officer; Troy Elliott, Deputy Chief Financial Officer, Finance]

Purchase of Services Passed Introduced April 23, 2021

What this record is

Held by: Kofax, Inc
Amount: $342K
Runs until: April 23, 2026 already ended calculated from the contract term stated in the record
Type: contract
Field: Technology

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