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PLANETBIDS, INC. 2
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Last modified
11/14/2016 4:23:11 PM
Creation date
10/18/2016 9:04:18 AM
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Contracts
Company Name
PLANETBIDS, INC.
Contract #
A-2016-255
Agency
POLICE
Council Approval Date
8/16/2016
Expiration Date
8/15/2019
Insurance Exp Date
3/19/2017
Destruction Year
2024
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Table (A) <br />4) Reverse Auction. If the customer chooses to activate the Reverse <br />Auction feature and conduct Reverse Auctions through the Services, Customer does not <br />have to purchase an additional license, but Is required to pay a transaction fee for each <br />avent /solicitation transaction conducted through the Reverse Auction feature. Once <br />activated, the Reverse Auction feature will remain activated for the balance of the term <br />of this Agreement, including any extensions or renewals. The transaction fee for <br />Reverse Auctions shall be 1 % of the total amount of each Reverse Auction transaction, <br />excluding shipping and handling costs; provided that the minimum transaction fee <br />payable for any event/solicitatlon transaction shall be $25.00. Within 10 days following <br />the and of each calendar quarter, PlanetBids will invoice the Customer for the total <br />amount of fee(s) payable for all event/solieltation transactions completed during such <br />quarter, which amounts shall be due and payable within 30 days of the date of invoice. It <br />shall be the responsibility of Customer to collect from the supplier any portion of the <br />transaction fee to be paid by such supplier, and to pay any taxes, duties, Imposts or <br />tariffs that are applicable to purchases via the Services. PlanetBids will extend to <br />Customer a pilot program to conduct up to two (2) Reverse Auction events free of any <br />transaction fee(s) within the term of this agreement. <br />b) Additional Services; Fees. If requested by Customer, PlanetBids will provide <br />any or all of the following additional services; <br />1) Special customization work -up shall be provided at PlanetBids' curront <br />standard rates pursuant to an estimate provided by PlanetBids. <br />2) Training to Customer's designated users, in addition to that provided <br />pursuant to Section 2(a)(1), is available as of today at the discounted rate <br />of $350.00, for up to 2 hours online, or a rate of $1,200.00 for up to 4 <br />hours onsite per class plus reasonable travel, living and parking expenses <br />of the instructor, as applicable. <br />3) For its own internal retrieval and restoration purposes, PlanetBids will <br />record and maintain for a limited time a back -up copy of all data <br />appearing on Customer's website on a daily basis. For so long as <br />PlanetBids retains such data, which period shall be at minimum co- <br />extensive with the term of this Agreement, Customer may, during the <br />term of this Agreement, access and retrieve data from such back up files, <br />In text delimited Microsoft Excel format, at no cost. Additional Services <br />related to the retrieval or restoration of any of Customer's data from such <br />back -up files are available at PlanetBids current standard rates, which will <br />vary depending on the level of services required, but not less than <br />$125.00 per hour, <br />02000 -2016 PlanetBids, Inc. (818)092.1771 <br />
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