Discussion and possible action to authorize annual payment 2 of 3 for a total of $154,523.00 to Tyler Technologies to cover the cost of implementation services for the migration from AS400 to .Net New World ERP Software Solution, with additional action to approve line item transfer from Account #605-3001-8801-7 (Contingency Fund) to Account #605-0500-8801 (Capital Outlay- I.T.); and any other matters incident thereto.
Issue: The total cost for the Tyler New World ERP implementation services is $463,568.00. A payment schedule is stipulated in the contract for three annual payments of $154,523.00 and the second annual payment is due.
Solution: Provide funding and authorize payment.
Result: Vendor will be paid funds that are owed as per the contract.