Executed_Ticker_Contra.pdf

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Attached to
LED Ticker Boards with Installation and Real Time Financial Data
Contract number
P25-004-O29
Issued by
Wisconsin

About this file

This is a state contract (P25-004-O29) between the State of Wisconsin on behalf of the Board of Regents for the University of Wisconsin System, specifically the University of Wisconsin-Milwaukee, and Rise Display. The contract is piggybackable to Wisconsin municipalities, State of Wisconsin agencies, and UW System universities with no special conditions, allowing these entities to utilize the contract terms for their own purchases.

The contract covers LED ticker boards with installation and real-time financial data services. The total contract value is $75,000, which includes removal and disposal of old ticker signage ($2,500), two LED ticker boards of different sizes (68' board for $41,814 and 32' board for $19,296), installation and training for both boards ($6,000), and perpetual data feed licenses ($6,720). The contract has a one-year term starting June 5, 2024, with four automatic one-year renewal options unless either party provides 30-day written notice of non-renewal. Rise Display includes five years of on-site support at no additional cost (valued at $19,250) and provides perpetual software licenses with free lifetime updates. The University agreed to handle repair and painting after ticker removal, accept delivery and storage of hardware, and forgo background checks as negotiated terms.

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CONTRACT NUMBER: P25-004-O29

LED Ticker Boards with Installation and Real Time Financial Data

Period of Contract: Because UWM may be interested in purchasing additional products in the future, UWM would like to enter into a one (1) year contract, starting on the date of award, 6/5/2024 with the option for (4) one (1) year renewals that shall automatically renew unless either party notifies the other in writing at least thirty (30) days in advance of the next renewal period of their intention not to renew. There is no guarantee of any future purchases other than as listed in Exhibit B.

Rise’s contract is Piggybackable to Wisconsin municipalities, State of Wisconsin Agencies, and UW System Universities with no special conditions.

This contract is entered into by and between the State of Wisconsin on behalf of the Board of Regents for the University of Wisconsin System the University of Wisconsin-Milwaukee, and Rise Display whereby the University of Wisconsin--Milwaukee Purchasing, agrees to direct the purchase and the contractor agrees to supply such requirements of the service cited above in accordance with the terms and conditions of Request for Bid 2024-UWMIL-00672-RFB, and in accordance with vendor's response dated 05/22/2024, with negotiations between the two parties via email dated 06/05/2024.

The contract, RFB, the Bidder’s response, and any written communications incorporated into the contract constitute the entire contract between the parties. The order of priority in interpreting the contract shall be as follows: The Contract, the bid document, including any amendments/attachments;

the bidder’s response to the RFB and the purchase order if one is used.

Following are the negotiated terms between the two parties to include a negotiated cost sheet as attached:

• UWM agrees to do the repair and painting after ticker removal. The contractor is not responsible.

• UWM agrees to accept the delivery and storage for the hardware. The contractor is not responsible.

• UWM agrees to forgo the background check.

For: The State of Wisconsin on behalf of the Board of Regents of the University of Wisconsin System, UW Milwaukee.

TO BE COMPLETED BY CONTRACTOR

For: Name of Contractor printed or typed

Name Printed: Name Printed:

Title Printed: Title Printed:

Signature of Purchasing Agent/Date Authorized Signature of Contractor/Date

For administration of this contract, please contact: Sarah Fleming, 414-251-9143, sepulfer@uwm.edu

Page: 1

DocuSign Envelope ID: DDC65744-48E4-484E-921F-AC97EA3CEA30

6/5/2024 | 9:38 AM MDT

Ron Frederickson

PresidentProcurement Specialist III

6/5/2024 | 10:39 AM CDT

Pamela K Loignon mailto:sepulfer@uwm.edu

Description Product / Service Qty Cost to UWM in $ If you are bidding an alternate item that is equal to or better than as listed in Column B, list the make and model/stock # below

Removal and Disposal of the Old Ticker Sign Location: Lubar 2nd Floor Outside of Classroom S212 1 $ 2,500.00

Board 1 Approx 68'

Rise LED Ticker Board; Software and Contents (64 pixel- 4mm)

(This does not include the data feed) 1 $ 41,814.00

Board 2 Approx 32' Ticker Board; Software and Contents (This does not include the data feed) 1 $ 19,296.00

Installation & Training

Installation of Both Boards (Must include training and the manufacturer's warranty or a one (1) year onsite warranty, whatever is greater) 2 Boards $ 6,000.00

Perpetual Licenses for each Board for the life of the board

Data Feeds If you are bidding any variations from what is listed in Section 2.3.2 please state what you are adding or not supplying UWM for each feed 2 $ 6,720.00 List Additional Data Feeds Here:

Year 1 Full Warranty

All products and/or parts, and service, purchased under this contract shall have, at a minimum, the manufacturer’s warranty or a one (1) year onsite warranty, whatever is greater, from the date of acceptance by UWM. All equipment must be warranted to perform at effective levels in accordance with manufacturers’ specifications, manufacturers advertised data sheets, and manufacturers’ technical publications. UWM will not pay for any parts, support, diagnostics, or services calls during this period. Damages caused by acts of God, vandalism, or negligence are not covered 2 Boards $ -

List Additional Services/Coverages Here: Rise Display includes 5 years of on-site support FREE of charge . This is a $19,250 value

Years 2 - 5 Limited Extended Warranty

Must include at a minimum:

Unlimited phone support (11:00pm – 5:00pm CST);

Remote diagnostics (11:00pm – 5:00pm CST);

Unlimited onsite visits: One (1) per occurrence;

Standard shipping 2 Boards $ -

List Additional Services/Coverages Here: Included 5 years of on-site support FREE of charge. This is a $19,250 value. Phone and on-site support available 8:00am to 5:00pm.

Software Routine Services and Online Support Years 0 - 5

Unlimited Daily Remote Monitoring and Routine Support; Upgrades; Maintenance and Enhancements 2 Licenses $ - FREE updates and upgrade for life of perpetual license

76,330.00$

73,830.00$

Description Product / Service Qty Cost to UWM in $

Exhibit B Cost Sheet

One Time Costs to UWM Years 0 - 5 Ticker Ownership

Additional One Time Charges Years 0 - 5 : Please list any additional One Time Charges Below if applicable

Subtotal Bid Cost Years 0 - 5 with the Removal & Disposal of the Old Sign

Subtotal Bid Cost Years 0 - 5 without the Removal & Disposal of the Old Sign

Please fully explain if needed what the charge is for or anything else:

DocuSign Envelope ID: DDC65744-48E4-484E-921F-AC97EA3CEA30

# of Times a Year the Charge Occurs

Product / Service Cost Cost to UWM for 5 Years

76,330.00$

Final Price to UWM with Discount 75,000.00$

UWM to do the repair and painting after the ticker removal. UWM will accept the delivery and storage of the hardware and UWM does not require a background check.

Do you offer an extended warranty to begin on Year 5? No

Subtotal Additional One Time Costs to UWM Years 0 - 5

Additional Recurring Charges Years 0 - 5: Please list any additional Recurring Charges Years 0 - 5

Please fully explain if needed what the charge is for or anything else:

Subtotal Additional Recurring Costs to UWM Years 0 - 5

Total Extended Cost to UWM Years 0 - 5 with the Removal & Disposal of the Old Sign

Rise Display tickers are protected by a full on-site support program for 5 years from installaton at NO COST to the school.

How long is your full warranty? (Please note this must be either the Manufacturer's Warranty or one (1) year whatever is greater.)

Because UWM may be interested in purchasing more services or tickers in the future, please explain how you determined your prices. An example would be you were given list price less a $ discount, list price less a % discount, list price, our cost plus 25% markup etc. Please be as specific as possible so that we may be able to purchase additional goods and services in the future without having to bid. An unacceptable answer would be your pricing varies.

Rise ticker pricing is based on linear feet required, height of the ticker required and the design.Rise tickers range anywhere from $409/linear foot up to $770/ linear foot. Our Installation pricing as of this date is $80/linear foot.

DocuSign Envelope ID: DDC65744-48E4-484E-921F-AC97EA3CEA30

CONTRACT NUMBER: P25-004-O29

2024-06-05T08:40:23-0700
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