Year 2 (9/4/26 - 9/3/27) Recurring Subscription Fees Debt Accounting Annual recurring fee… and 6 more items

Fifth Asset Inc has been awarded contract PO05133726-V2 by the Virginia Department of Transportation, effective August 25, 2026. The cumulative contract value is $117,642.50, with services delivered to vdotitassetmanagement@vdot.virginia.gov. The contract encompasses a three-year period of performance, spanning from Year 1 through Year 3 (9/4/26 – 9/3/28), and provides recurring annual subscription fees for DebtBook's debt management software-as-a-service application suite.

The deliverables consist of three primary software-as-a-service modules: Debt Accounting, Debt Management Core, and Debt Sizing, with associated annual recurring subscription fees. Year 1 includes a one-time Premium Implementation Services fee of $5,000 and additional implementation fees. Year 2 (9/4/26 – 9/3/27) is priced at $42,850, while Year 3 (9/4/27 – 9/3/28) is priced at $44,792.50. These services provide the Virginia Department of Transportation with access to cloud-based debt accounting and management capabilities through a software platform accessed via the Application Services delivery model.