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 #195, executed between the State of North Dakota, acting through its Office of Management and Budget (STATE), and RANDA Solutions (CONTRACTOR).

The contract initially commenced on June 18, 2020, and was set to expire on March 31, 2022, with previous options to renew. This amendment extends the contract for an additional 12-month period, changing the expiration date to March 31, 2025, with no further renewal options available. The amendment also updates insurance requirements in accordance with 2021 House Bill 1057, which increases statutory caps on State liability. The insurance sections are modified to reflect new minimum liability limits across commercial general liability, automobile liability, and employer's liability categories. Additionally, the amendment includes provisions for a Third-Party Risk Management Program (TPRM), requiring the contractor to complete a security questionnaire annually, with specific requirements for responding to potential security breaches.