Contract+Amendment+14.pdf

This is a Contract Amendment (Amendment Number 14) for the Professional Licensing Board Management System contract between the State of North Dakota, acting through its State Procurement Office, and Albertson Consulting, Inc. The amendment involves modifications to an existing contract between the state and the contractor.

The amendment extends the contract term for an additional 24 months, with the new expiration date set to October 1, 2025, and retains one remaining renewal option. It includes pricing adjustments, with a sub-section allowance for a maximum increase not more than the Consumer Price Index (CPI) of 3.2%. The amendment also updates insurance requirements pursuant to House Bill 1057, increasing state liability caps and modifying insurance provisions. Additionally, it introduces a Third-Party Risk Management (TPRM) program effective July 1, 2023, which requires the contractor to complete annual security questionnaires and provide documentation upon request. The pricing changes will be effective for all new participating entities, with existing entities' price changes implemented when entering a new participating addendum.