Amendment+2+-+Term+Extension+-+signed.pdf

PDF 1 MB Posted

Attached to
Grants Management System (Council of the Arts Only)
Contract number
364-FOUN
Issued by
North Dakota

About this file

This document is a Contract Amendment (Amendment Number 2) for a Grants Management Solution between the State of North Dakota, specifically acting through its Council of the Arts, and Foundant Technologies, Inc. The amendment involves a contract that was originally executed on October 26, 2020, with Foundant Technologies serving as the contractor.

The contract was previously renewed for two years, effective October 27, 2022, through October 26, 2024, with three remaining options to renew for up to twelve months each. This specific amendment extends the contract's duration by a 30-day grace period from October 27, 2024, through November 27, 2024. The purpose of this short extension is to provide both parties sufficient time to negotiate and finalize additional terms and conditions, which will be incorporated into a subsequent amendment. The contract maintains its original structure of an initial two-year term with five potential one-year renewal options, plus this additional extension mechanism.

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Other files

File Type Posted
364_State+Contract+Summary.docx DOCX document
Initial+2020+signed+contract.pdf PDF
Amendment+3+-+Final+signed.pdf PDF
Amendment+1+-+2022+signed+agreement.pdf PDF

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Text version

CONTRACT AMENDMENT

CONTRACT NAME AND NUMBER: Grants Management Solution

AMENDMENT NUMBER: 2

This amendment is made to Grants Management Solution (Contract) between the State of North Dakota, acting through its Council of the Arts (STATE), and Foundant Technologies, Inc.

(CONTRACTOR).

The parties agree to amend the Contract as follows:

Extension Contract Section 6, Term of Contract. The Contract commenced on October 26, 2020, for a period of two (2) years with five (5) options to renew the Contract for up to twelve (12) months each. Additionally, the Contract provides for one (1) extension up to twelve (12) months.

The Contract was previously renewed for two (2) years effective October 27, 2022 through October 26, 2024. Three (3) options to renew for up to twelve (12) months each remain.

The parties hereby agree to extend the duration of the contract for an additional grace period of thirty

(30) days, commencing from October 27, 2024 through November 27, 2024. This extension is intended to provide the parties with sufficient time to negotiate and finalize additional terms and conditions, which will be incorporated into a subsequent amendment in good faith.

All other terms of the Contract remain in effect. This Contract Amendment is not effective until fully executed by all parties.

EXECUTION

CONTRACTOR STATE OF NORTH DAKOTA

Foundant Technologies, Inc. Acting through the Council of the Arts

BY: BY:

Printed Name: Printed Name:

Title: Title:

Date: Date:

Jessica Christy Executive Director

10/24/2024

File details come from the government source that posted it. Updated .