Tier 3 - Lease and SBITA Management for Eagle Village subscription fee.. - Lease and SBITA…

The University of Mary Washington, a Virginia-based higher education institution, awarded a contract to Fifth Asset Inc. on July 7, 2026, with a total cumulative value of $12,730.00. The contract encompasses Lease and Software Buy-In Theory of Accounting (SBITA) management services associated with the Eagle Village subscription platform. The service delivery period runs from July 22, 2026, through July 21, 2027, with annual billing to be processed through Invoice #DB2005659, directed to Julie Smith.

Fifth Asset Inc. will provide guided implementation and lease management professional services under this agreement. The deliverable consists of one subscription fee unit priced at $12,730.00, which covers the annual lease and SBITA management obligations for the specified term. This contract represents a standard software-as-a-service arrangement structured under accounting lease guidelines, ensuring the University of Mary Washington maintains appropriate asset management and financial reporting compliance for the Eagle Village platform throughout the contract period.