Town of Ajax General Government Committee Agenda Packet 2026-06-15
Elexicon Signs Decade-Long Cloud Technology Deal
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Description
Elexicon Corporation executed a 10-year, $48.8 million cloud computing contract in December 2024 for implementation of a utility industry technology platform; $42.3 million in obligations remained at end of 2025.
Contract Details
Contract Amount
$48,799,000 (10-year total), $42,328,000 remaining obligation as of Dec 31, 2025
Vendor
ELEXICON CORPORATION
Agency
Town of Ajax, Canada
Contract Type
TECHNOLOGY
Document Date
June 15, 2026
Contract Term
10 years (commenced December 2024)
Renewal Date
2034-12-31
Renewal Info
10-year contract signed December 2024. Obligations extend through December 2034 unless terminated or amended.
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