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State Contract Reporting System

Florida Department of Financial Services: F.A.C.T.S

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Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: OFR-COM-0103

Long Title: Versa Suite Source Code Escrow Agreement

Vendor Name: IRON MOUNTAIN INTELLECTUAL PROP

Total Contract Amount: $11,150.00

Total Budgetary Amount: $11,150.00

Total Payment To Date: $9,000.00

Date of Execution: 03/20/2019

General Description: Source Code Escrow Agreement pursuant to terms and conditions set forth in the December 9, 2016, licensing and maintenance agreement entered into between the Office of Financial Regulation and MicroPact Global, Inc. for Versa Suite Core Software. #6 Payment: Iron Mountain may update Service Fees with a ninety (90) calendar day written notice to the Paying Party during the Term of the Agreement (written notice/form of a quote/invoice).

Main Information

Agency Contract ID: OFR-COM-0103

FLAIR Contract ID: F0103

Short Title: VR/VO

Long Title: Versa Suite Source Code Escrow Agreement

Contract Type: Three or More Party Agreement

Contract Status: Terminated

Date of Execution: 03/20/2019

Date of Beginning: 03/20/2019

Original End Date: 09/09/2099

New Ending Date:

Agency Service Area:

Statutory Authority: 287.057

Contract Involves State or Federal Financial Assistance: No

Recipient Type:

Provide for Administrative Cost: No

Provide for Periodic Increase: No

Procurement Information

Authorized Advanced Payment: No

Method of Procurement: Single source $2,500 or greater, not to exceed Category Two [Rule 60A-1.002(3), F.A.C.]

State Term Contract ID:

Contract’s Exemption Justification: Under the terms of the software license agreement dated December 9, 2016, between the Office of Financial Regulation (Licensee) and MicroPact Global, Inc. (Licensor), the source code escrow provider is selected by the Licensor. Iron Mountain Intellectual Property Management, Inc. is the selected vendor.

Agency Reference Number:

Business Case Study Done: No

Legal Challenges to Procurement: No

Outsourcing / Capital Improvements

Was the Contracted Function Previously Performed by the State: Yes

Was the Contracted Function Considered for Insourcing back to the State: No

Did the Vendor Make Capital Improvements on State Property: No

Budget Information

Original Contract Amount: $11,150.00

Total Contract Amount: $11,150.00

Total Recurring Budgetary Amount: $11,150.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $11,150.00

Total Unfunded Amount: $0.00

As of Date: 8/26/2021

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$2,150.00 43-20-2-021018-43900550-00-210016-00 07/01/2021 2021-2022
$2,150.00 43-20-2-021018-43900550-00-210016-00 07/01/2020 2020-2021
$2,150.00 43-20-2-021018-43900550-00-210016-00 07/01/2019 2019-2020
$4,700.00 43-20-2-021018-43900550-00-210016-00 07/01/2018 2018-2019


No Non-Recurring Budgetary records found for this contract.

Contract Change

No Contract Changes found for the contract.

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
IRON MOUNTAIN INTELLECTUAL PROP NORCROSS GA 300930000 Non-Minority

CFDA

No CFDA Codes found for the contract.

CSFA

No CSFA Codes found for the contract.
More Deliverable Number      Commodity/Service Type Major Deliverable Method of Payment
     
 1 Software maintenance and support Set-up Fee (Required at set-up). One-time Setup Fee for Vendor to setup a standard Three-Party Es... Fixed Price - Lump Sum
     
 2 Software maintenance and support Deposit Account Fee (Required at set-up and annually). Vendor will set up one deposit account to ... Fixed Price - Lump Sum
     
 3 Software maintenance and support Beneficiary Fee (Required at setup). Vendor will fulfill a Work Request to add a Beneficiary to a... Fixed Price - Lump Sum
     
 4 Software maintenance and support Beneficiary Fee (Required at annually - rate can change by notice of invoice). Vendor will fulfil... Fixed Fee / Unit Rate
 Displaying 1 to 4 of 4    


Payments are also referred to as expenditures (creating or incurring a legal obligation to disburse money) or disbursements (the payment of expenditures). Payments include disbursements and accounting adjustments made on a contract. Payments are always positive amounts while accounting adjustments may be positive or negative depending on the type of adjustment.

Payment Details

"Date" in the listing below indicates the date the payment voucher was recorded in the system, not the date the payment was issued.
More Fiscal Year Total Amount
     
 2020-2021 $2,150.00
     
 2019-2020 $2,150.00
     
 2018-2019 $4,700.00

If a payment or adjustment to a contract was made before July 1, 2012, the information may not be posted in this system.

Contract Documents


Click on the pdf icon or Agency Document Link to view the document
Document Type Document Reference # Executed Date Document Add Date Agency Document Link View
Original Contract Original Contract - F0103 03/20/2019 3/25/2019 9:07:58 AM


Audit results posted prior to June 30, 2012, appear in a summarized form. As of July 1, 2012, the audit reporting process was expanded to include additional questions and comments from the Bureau of Auditing. As audits are captured in electronic format, they will be posted to this system. If you are interested in seeing audit reports by Fiscal Year and Agency Action Plans, please click here to navigate to the Transparency Florida Contract Audit page.

  • No audits have been conducted on this contract at this time.
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