TECHNOLOGYAPPROVED

edgewood_independent_school_district_bidnet_servic.pdf

Edgewood ISD Approves BidNet Web-Based Bidding Services Agreement

No subscription fee; $125/hour for customized work; 5% commission for surplus auction sales; postage reimbursement as incurred; value-added supplier subscriptions (nominal annual fee)Edgewood IsdINTERNATIONAL DATA BASE CORP DBA BIDNETJanuary 1, 2024

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Description

Edgewood Independent School District entered into a one-year renewable agreement with International Data Base Corp. dba BidNet for access to a web-based solicitation and bidding platform. The contract includes no base subscription fee but provides for optional fees for customizations, mailing, and surplus auction commissions, with potential annual renewals.

Contract Details

Contract Amount

No subscription fee; $125/hour for customized work; 5% commission for surplus auction sales; postage reimbursement as incurred; value-added supplier subscriptions (nominal annual fee)

Vendor

INTERNATIONAL DATA BASE CORP DBA BIDNET

Agency

Edgewood Isd, TX

Contract Type

TECHNOLOGY

Document Date

January 1, 2024

Contract Term

Initial term of 12 months, with annual one-year extensions possible without notice unless terminated by either party

Renewal Info

Agreement automatically renews in one-year increments unless either party provides 60 days written notice of non-extension or termination. Customization and other optional fees apply as services are used.

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