Amendment+3+-+RANDA+Solutions.pdf

This document is a Contract Amendment (Amendment Number 3) for the IT- Blockchain, Identity Management, and Digital Credentials Vendor Pool contract between the State of North Dakota, acting through its Office of Management and Budget (STATE) and RANDA Solutions (CONTRACTOR).

The contract originally commenced on June 18, 2020, and was set to expire on March 31, 2022, with two previous renewals extending the expiration to March 31, 2024. This amendment extends the contract for an additional 12-month period, changing the new expiration date to March 31, 2025, with no further renewal options. The amendment also updates insurance requirements pursuant to 2021 House Bill 1057, increasing statutory caps on state liability and modifying insurance coverage limits. Additionally, the amendment includes provisions for a Third-Party Risk Management Program (TPRM), requiring the contractor to complete a security questionnaire annually and provide documentation within specified timeframes.