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HomeMy WebLinkAboutMGT Impact Solutions LLC ~ 32500067 CITY OF TIGARD - CONTRACT SUMMARY & ROUTING FORM Contract Overview Contract/Amendment Number: 32500067 Contract Start Date: 05/19/2025 Contract End Date: 6/30/2028 Contract Title: Indirect Cost Allocation Plan Study Contractor Name: MGT Impact Solutions LLC Contract Manager: Eric Kang Department: FIN Contract Costs Original Contract Amount: $45,500.00 Total All Previous Amendments: n/a Total of this Amendment: n/a Total Contract Amount: $45,500.00 Procurement Authority Contract Type: Personal Services Procurement Type: Formal RFP >$150K Solicitation Number: n/a LCRB Date: n/a Account String: Fund-Division-Account Work Order – Activity Type Amount FY 26 6002000-54001 $34,500.00 FY 26 6002000-54006 $6,000.00 FY 27 6002000-54006 $5,000.00 Contracts & Purchasing Approval Purchasing Signature: Comments: New contract – 2-year software agreement included @ $5,000 per year, additional $1,000 in year one for data transfer. DocuSign Routing Route for Signature Name Email Address Contractor A. Trey Traviesa Contracts@mgt.us City of Tigard Eric Kang Eric.kang@tigard-or.gov Final Distribution Contractor Michelle Garrett mgarrett@mgt.us Project Manager Eric Kang Eric.kang@tigard-or.gov Project Manager Buyer Rosie McGown rosie.mcgown@tigard-or.gov Contract Number 32500067 CITY OF TIGARD, OREGON PERSONAL SERVICES CONTRACT INDIRECT COST ALLOCATION PLAN STUDY THIS AGREEMENT made and entered into this 19th day of May 2025 by and between the City of Tigard, a municipal corporation of the State of Oregon, hereinafter called City, and MGT Impact Solutions, LLC, hereinafter called Contractor, collectively known as the Parties. RECITALS WHEREAS, the City’s 2026 fiscal year budget provides for services related to conducting a study to update the City’s indirect cost allocation plan; and WHEREAS, City has need for the services of a company with a particular training, ability, knowledge, and experience possessed by Contractor, and WHEREAS, City has determined that Contractor is qualified and capable of performing the services as City does hereinafter require, under those terms and conditions set forth, THEREFORE, the Parties agree as follows: 1. SERVICES TO BE PROVIDED Contractor will initiate services immediately upon receipt of City’s notice to proceed together with an executed copy of this Agreement. Contractor agrees to complete work that is detailed in Exhibit A, incorporated herein by reference. 2. EFFECTIVE DATE AND DURATION This Agreement is effective upon the date of execution and expires on June 30, 2028, unless otherwise terminated or extended. All work under this Agreement must be completed prior to the expiration of this Agreement. 3. COMPENSATION The City agrees to pay Contractor in accordance with the fee schedule outlined in Exhibit A. The total amount paid to the Contractor by the City may not exceed Forty-Five Thousand Five Hundred and No/100 Dollars ($45,500.00). Payments made to Contractor will be based upon the following applicable terms: A. Payment by City to Contractor for performance of services under this Agreement includes all expenses incurred by Contractor, with the exception of expenses, if any, identified in this Agreement as separately reimbursable. B. Payment will be made in installments based on Contractor’s invoice, subject to the approval of the City Manager, or designee, and not more frequently than monthly. Unless otherwise agreed, payment will be made only for work actually completed as of the date of invoice. Payments are due within Thirty (30) days of receipt of Contractor’s invoice. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 2 | P a g e Indirect Cost Allocation Plan Study 32500067 C. Payment by City releases City from any further obligation for payment to Contractor for services performed or expenses incurred as of the date of the invoice. Payment may not be considered acceptance or approval of any work or waiver of any defects therein. D. Contractor must make payments promptly, as due, to all persons supplying labor or materials for the performance of the work provided for in this Agreement. E. Contractor may not permit any lien or claim to be filed or prosecuted against the City on any account of any labor or material furnished. F. Contractor will pay to the Department of Revenue all sums withheld from employees pursuant to ORS 316.167. G. Contractor will pay all contributions or amounts due the Industrial Accident Fund from the contractor or any subcontractor. H. If Contractor fails, neglects, or refuses to make prompt payment of any claim for labor or services furnished to Contractor or a subcontractor by any person as such claim becomes due, City’s Finance Director may pay such claim and charge the amount of the payment against funds due or to become due the Contractor. The payment of the claim in this manner does not relieve Contractor or their surety from obligation with respect to any unpaid claims. I. Contractor will promptly, as due, make payment to any person, co-partnership, association, or corporation, furnishing medical, surgical, and hospital care or other needed care and attention, incident to sickness or injury, to the employees of Contractor, of all sums that Contractor agrees to pay for the services and all moneys and sums that Contractor collected or deducted from the wages of employees pursuant to any law, contract, or agreement for the purpose of providing or paying for services. J. Contractor and its employees, if any, are not active members of the Oregon Public Employees Retirement System and are not employed for a total of 600 hours or more in the calendar year by any public employer participating in the Retirement System. K. Contractor must obtain, prior to the execution of any performance under this Agreement, a City of Tigard Business License. The Tigard Business License is based on a calendar year with a December 31st expiration date. New businesses operating in Tigard after June 30th of the current year will pay a pro-rated fee though the end of the calendar year. L. The City certifies that sufficient funds are available and authorized for this Agreement during the current fiscal year. Funding during future fiscal years is subject to budget approval by Tigard’s City Council. 4. OWNERSHIP OF WORK PRODUCT City is the owner of and is entitled to possession of any and all work products of Contractor which result from this Agreement, including any computations, plans, correspondence, or pertinent data and information gathered by or computed by Contractor prior to termination of this Agreement by Contractor or upon completion of the work pursuant to this Agreement. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 3 | P a g e Indirect Cost Allocation Plan Study 32500067 5. ASSIGNMENT/DELEGATION Neither party may assign, sublet or transfer any interest in or duty under this Agreement without the written consent of the other and no assignment has any force or effect unless and until the other party has consented. If City agrees to assignment of tasks to a subcontract, Contractor is fully responsible for the acts or omissions of any subcontractors and of all persons employed by them. Neither the approval by City of any subcontractor nor anything contained herein creates any contractual relation between the subcontractor and City. The provisions of this Agreement are binding upon and will inure to the benefit of the parties to the Agreement and their respective successors and assigns. Notwithstanding the foregoing, Contractor, or its permitted successive assignees or transferees, may assign or transfer this Agreement or delegate any rights or obligations hereunder without consent: (i) to any entity controlled by, or under common control with, Contractor, or its permitted successive assignees or transferees; or (ii) in connection with a merger, reorganization, transfer, sale of assets or change of control or ownership of Contractor, or its permitted successive assignees or transferees. 6. STATUS OF CONTRACTOR AS INDEPENDENT CONTRACTOR Contractor certifies that: A. Contractor acknowledges that for all purposes related to this Agreement, Contractor is an independent contractor as defined by ORS 670.600 and not an employee of City. Contractor is not entitled to benefits of any kind to which an employee of City is entitled and is solely responsible for all payments and taxes required by law. Furthermore, in the event that Contractor is found by a court of law or any administrative agency to be an employee of City for any purpose, City is entitled to offset compensation due, or to demand repayment of any amounts paid to Contractor under the terms of this Agreement, to the full extent of any benefits or other remuneration Contractor receives (from City or third party) as a result of said finding and to the full extent of any payments that City is required to make (to Contractor or to a third party) as a result of said finding. B. Contractor is not an officer, employee, or agent of the City as those terms are used in ORS 30.265. 7. CONFLICT OF INTEREST The undersigned Contractor hereby represents that no employee of the City, or any partnership or corporation in which a City employee has an interest, has or will receive any remuneration of any description from Contractor, either directly or indirectly, in connection with the letting or performance of this Agreement, except as specifically declared in writing. If this payment is to be charged against Federal funds, Contractor certifies that he/she is not currently employed by the Federal Government and the amount charged does not exceed their normal charge for the type of service provided. 8. INDEMNIFICATION City has relied upon the professional ability and training of Contractor as a material inducement to enter into this Agreement. Contractor represents that all of its work will be performed in accordance with generally accepted professional practices and standards as well Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 4 | P a g e Indirect Cost Allocation Plan Study 32500067 as the requirements of applicable federal, state, and local laws, it being understood that acceptance of a Contractor’s work by City will not operate as a waiver or release. Contractor agrees to indemnify and defend the City, its officers, employees, agents, and representatives and hold them harmless from any and all liability, causes of action, claims, losses, damages, judgments, or other costs or expenses, including attorney's fees and witness costs (at both trial and appeal level, whether or not a trial or appeal ever takes place including any hearing before federal or state administrative agencies), that may be asserted by any person or entity which in any way arise from, during, or in connection with the negligent performance of the work described in this Agreement or Contractor’s willful misconduct. Contractor shall not indemnify for that portion of any claim, loss, or damage arising hereunder due to the sole fault of the City. Such indemnification will also cover claims brought against the City under state or federal worker's compensation laws. If any aspect of this indemnity is found to be illegal or invalid for any reason whatsoever, such illegality or invalidity does not affect the validity of the remainder of this indemnification. 9. INSURANCE Contractor and its subcontractors must maintain insurance acceptable to City in full force and effect throughout the term of this Agreement. Such insurance must cover risks arising directly or indirectly out of Contractor's activities or work hereunder, including the operations of its subcontractors of any tier. The policy or policies of insurance maintained by the Contractor must provide at least the following limits and coverages: A. Commercial General Liability Insurance Contractor will obtain, at Contractor’s expense, and keep in effect during the term of this Agreement, Comprehensive General Liability Insurance covering Bodily Injury and Property Damage on an “occurrence” form (CG 2010 1185 or equivalent). The policy must be endorsed with Additional Insured, Per Project Aggregate, Products and Completed Operations, and Personal & Advertising Injury endorsements. This coverage must include Contractual Liability insurance for the indemnity provided under this Agreement. The following insurance will be carried: Coverage Limit General Aggregate $2,000,000 Each Occurrence $1,000,000 B. Commercial Automobile Insurance Contractor must also obtain, at Contractor’s expense, and keep in effect during the term of the contract, Commercial Automobile Liability coverage including coverage for all owned, hired, and non-owned vehicles on an “occurrence” form. The Combined Single Limit per occurrence may not be less than $2,000,000. If Contractor uses a personally-owned vehicle for business use under this Agreement, the Contractor will obtain, at Contractor’s expense, and keep in effect during the term of the contract, business automobile liability coverage for all owned vehicles on an “occurrence” form. The Combined Single Limit per occurrence may not be less than $2,000,000. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 5 | P a g e Indirect Cost Allocation Plan Study 32500067 C. Workers’ Compensation Insurance All employers, including Contractor, that employ subject workers who work under this Agreement in the State of Oregon must comply with ORS 656.017 and provide the required Workers´ Compensation coverage, unless such employers are exempt under ORS 656.126. Contractor will ensure that each of its sub-contractors complies with these requirements. D. Additional Insured Provision All required insurance policies, other than Workers’ Compensation and Professional Liability, must name the City its officers, employees, agents, and representatives as additional insureds with respect to this Agreement. E. Insurance Carrier Rating Coverages provided by the Contractor must be underwritten by an insurance company deemed acceptable by the City. All policies of insurance must be written by companies having an A.M. Best rating of "A-VII" or better, or equivalent. The City reserves the right to reject all or any insurance carrier(s) with an unacceptable financial rating. F. Self-Insurance The City understands that some contractors may self-insure for business risks and the City will consider whether such self-insurance is acceptable if it meets the minimum insurance requirements for the type of coverage required. If Contractor is self-insured for commercial general liability or automobile liability insurance, Contractor must provide evidence of such self-insurance. Contractor must provide a Certificate of Insurance showing evidence of the coverage amounts on a form acceptable to the City. The City reserves the right in its sole discretion to determine whether self-insurance is adequate. G. Certificates of Insurance As evidence of the insurance coverage required by the Agreement, Contractor will furnish a Certificate of Insurance to the City. No contract is effective until the required Certificates of Insurance have been received and approved by the City. The certificate will specify and document all provisions within this Agreement and include a copy of Additional Insured Endorsement. A renewal certificate will be sent to the below address prior to coverage expiration. H. Primary Coverage Clarification The parties agree that Contractor’s coverage is primary to the extent permitted by law. The parties further agree that other insurance maintained by the City is excess and not contributory insurance with the insurance required in this section. I. Cross-Liability Clause A cross-liability clause or separation of insureds clause will be included in all general liability policies required by this Agreement. A certificate in form satisfactory to the City certifying to the issuance of such insurance will be forwarded to: City of Tigard Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 6 | P a g e Indirect Cost Allocation Plan Study 32500067 Attn: Contracts and Purchasing Office contractspurchasing@tigard-or.gov At the discretion of the City, a copy of each insurance policy, certified as a true copy by an authorized representative of the issuing insurance company, may be required to be forwarded to the above address. Such policies or certificates must be delivered prior to commencement of the work. The procuring of such required insurance will not be construed to limit Contractor’s liability hereunder. Notwithstanding said insurance, Contractor is obligated for the total amount of any damage, injury, or loss caused by negligence or neglect connected with this Agreement. 10. METHOD & PLACE OF SUBMITTING NOTICE, BILLS AND PAYMENTS All notices, bills and payments will be made in writing and may be given by personal delivery, mail, or by fax. Payments may be made by personal delivery, mail, or electronic transfer. The following addresses will be used to transmit notices, bills, payments, and other information: CITY OF TIGARD MGT IMPACT SOLUTIONS, LLC. Attn: Eric Kang Attn: Michelle Garrett Address: 13125 SW Hall Blvd Tigard, OR 97223 Address: 4320 West Kennedy Blvd., Ste. 200 Tampa, Florida 33609 Phone: (503) 718-2772 Phone: (813) 327-4717 Email: eric.kang@tigard-or.gov Email: contracts@mgt.us Notice will be deemed given upon deposit in the United States mail, postage prepaid, or when so faxed, upon successful fax. In all other instances, notices, bills and payments will be deemed given at the time of actual delivery. Changes may be made in the names and addresses of the person to who notices, bills, and payments are to be given by giving written notice pursuant to this paragraph. 11. SURVIVAL The terms, conditions, representations, and warranties contained in this Agreement survive the termination or expiration of this Agreement. 12. MERGER This writing is intended both as a final expression of the Agreement between the parties with respect to the included terms and as a complete and exclusive statement of the terms of the Agreement. No modification of this Agreement will be effective unless and until it is made in writing and signed by both parties. 13. TERMINATION WITHOUT CAUSE At any time and without cause, City has the right in its sole discretion to terminate this Agreement by giving notice to Contractor. If City terminates this Agreement pursuant to this paragraph, City will pay Contractor for services rendered to the date of termination. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 7 | P a g e Indirect Cost Allocation Plan Study 32500067 14. TERMINATION WITH CAUSE A. City may terminate this Agreement effective upon delivery of written notice to Contractor, or at such later date as may be established by City, under any of the following conditions: 1) If City funding from federal, state, local, or other sources is not obtained and continued at levels sufficient to allow for the purchase of the indicated quantity of services. This Agreement may be modified to accommodate a reduction in funds. 2) If federal or state regulations or guidelines are modified, changed, or interpreted in such a way that the services are no longer allowable or appropriate for purchase under this Agreement. 3) If any license or certificate required by law or regulation to be held by Contractor, its subcontractors, agents, and employees to provide the services required by this Agreement is for any reason denied, revoked, or not renewed. 4) If Contractor becomes insolvent, if voluntary or involuntary petition in bankruptcy is filed by or against Contractor, if a receiver or trustee is appointed for Contractor, or if there is an assignment for the benefit of creditors of Contractor. Any such termination of this agreement under paragraph (A) will be without prejudice to any obligations or liabilities of either party already accrued prior to such termination. B. City, by written notice of default (including breach of contract) to Contractor, may terminate the whole or any part of this Agreement: 1) If Contractor fails to provide services called for by this Agreement within the time specified, or 2) If Contractor fails to perform any of the other provisions of this Agreement, or fails to pursue the work as to endanger performance of this Agreement in accordance with its terms, and after receipt of written notice from City, fails to correct such failures within ten (10) days or such other period as City may authorize. The rights and remedies of City provided above related to defaults (including breach of contract) by Contractor are not exclusive and are in addition to any other rights and remedies provided by law or under this Agreement. If City terminates this Agreement under paragraph (B), Contractor will be entitled to receive as full payment for all services satisfactorily rendered and expenses incurred, provided, that the City may deduct the amount of damages, if any, sustained by City due to breach of contract by Contractor. Damages for breach of contract include those allowed by Oregon law, reasonable and necessary attorney fees, and other costs of litigation at trial and upon appeal. 15. REMEDIES Any violation or default entitles the City to terminate this Agreement, to pursue and recover any and all damages that arise from the breach and the termination of this Agreement, and Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 8 | P a g e Indirect Cost Allocation Plan Study 32500067 to pursue any or all of the remedies available under this Agreement, at law, or in equity, including but not limited to: 1) Termination of this Agreement, in whole or in part; 2) Exercise of the right of setoff, and withholding of amounts otherwise due and owing to Contractor, in an amount equal to City’s setoff right, including but not limited to City’s cost to cure; and 3) Initiation of an action or proceeding for damages, specific performance, declaratory or injunctive relief. 16. ACCESS TO RECORDS City will have access to such books, documents, papers and records of Contractor as are directly pertinent to this Agreement for the purpose of making audit, examination, excerpts and transcripts. 17. HAZARDOUS MATERIALS Contractor will comply with all federal Occupational Safety and Health Administration (OSHA) requirements and all Oregon safety and health requirements. In accordance with OSHA and Oregon OSHA Hazard Communication Rules, if any goods or services provided under this Agreement may release, or otherwise result in an exposure to, a hazardous chemical under normal conditions of use (for example, employees of a construction contractor working on-site), it is the responsibility of Contractor to provide the City with the following information: all applicable Safety Data Sheets, the identity of the chemical/s, how Contractor will inform employees about any precautions necessary, an explanation of any labeling system, and the safe work practices to prevent exposure. In addition, Contractor must label, tag, or mark such goods. 18. FORCE MAJEURE Neither City nor Contractor will be considered in default because of any delays in completion and responsibilities hereunder due to causes beyond the control and without fault or negligence on the part of the parties so disenabled, including but not restricted to, an act of God or of a public enemy, civil unrest, volcano, earthquake, fire, flood, epidemic, quarantine restriction, area-wide strike, freight embargo, unusually severe weather or delay of subcontractor or supplies due to such cause; provided that the parties so disenabled will within ten (10) days from the beginning of such delay, notify the other party in writing of the cause of delay and its probable extent. Such notification will not be the basis for a claim for additional compensation. Each party will, however, make all reasonable efforts to remove or eliminate such a cause of delay or default and will, upon cessation of the cause, diligently pursue performance of its obligation under the Agreement. 19. NON-WAIVER The failure of City to insist upon or enforce strict performance by Contractor of any of the terms of this Agreement or to exercise any rights hereunder should not be construed as a waiver or relinquishment to any extent of its rights to assert or rely upon such terms or rights on any future occasion. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 9 | P a g e Indirect Cost Allocation Plan Study 32500067 20. HOURS OF LABOR, PAY EQUITY In accordance with ORS 279B.235, the following are hereby incorporated in full by this reference: A. Contractor may not employ an individual for more than 10 hours in any one day, or 40 hours in any one week, except as provided by law. For contracts for personal services, as defined in ORS 279A.055, Contractor must pay employees at least time and a half pay for all overtime the employees work in excess of 40 hours in any one week, except for employees who are excluded under ORS 653.010 to 653.261 or under 29 U.S.C. 201 to 209 from receiving overtime. B. Contractor must give notice in writing to employees who work on a public contract, either at the time of hire or before commencement of work on the contract, or by positing a notice in a location frequented by employees, of the number of hours per day and days per week that the employees may be required to work. C. Contractor may not prohibit any of Contractor’s employees from discussing the employee’s rate of wage, salary, benefits or other compensation with another employee or another person and may not retaliate against an employee who discusses the employee’s rate of wage, salary, benefits or other compensation with another employee or another person. D. Contractor must comply with the pay equity provisions in ORS 652.220. Compliance is a material element of this Agreement and failure to comply will be deemed a breach that entitles City to terminate this Agreement for cause. 21. NON-DISCRIMINATION Contractor will comply with all federal, state, and local laws, codes, regulations, and ordinances applicable to the provision of services under this Agreement, including, without limitation: A. Title VI of the Civil Rights Act of 1964; B. Section V of the Rehabilitation Act of 1973; C. The Americans with Disabilities Act of 1990, as amended by the ADA Amendments Act (ADAAA) of 2008 (Pub L No 101- 336); and D. ORS 659A.142, including all amendments of and regulations and administrative rules, and all other applicable requirements of federal and state civil rights and rehabilitation statutes, rules and regulations. 22. ERRORS Contractor will perform such additional work as may be necessary to correct errors in the work required under this Agreement without undue delays and without additional cost. 23. EXTRA (CHANGES) WORK Only the City’s Project Manager for this Agreement may change or authorize additional work. Failure of Contractor to secure authorization for extra work constitutes a waiver of all right to Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 10 | P a g e Indirect Cost Allocation Plan Study 32500067 adjust the contract price or contract time due to such unauthorized extra work and Contractor will not be entitled to compensation for the performance of unauthorized work. 24. STANDARD OF CARE Contractor will perform all work under this Agreement with the care and skill used by members of Contractor’s profession practicing under similar circumstances at the same time and in the same locale (the “Standard of Care”). Should Contractor not meet the Standard of Care, it must correct its work at its cost. Any intellectual property rights delivered to the City under this Agreement and Contractor’s services rendered in the performance of Contractor’s obligations under this Agreement, will be provided to the City free and clear of any and all restrictions on or conditions of use, transfer, modification, or assignment, and be free and clear of any and all liens, claims, mortgages, security interests, liabilities, charges, and encumbrances of any kind. 25. ATTORNEY'S FEES In the event an action, suit of proceeding, including appeal, is brought for failure to observe any of the terms of this Agreement, each party is responsible for that party’s own attorney fees, expenses, costs and disbursements for the action, suit, proceeding, or appeal. 26. CHOICE OF LAW, VENUE The provisions of this Agreement are governed by Oregon law. Venue will be the State of Oregon Circuit Court in Washington County or the U.S. District Court for Oregon, Portland. 27. COMPLIANCE WITH STATE AND FEDERAL LAWS/RULES Contractor will comply with all applicable federal, state and local laws, rules and regulations applicable to the work in this Agreement. 28. CONFLICT BETWEEN TERMS In the event of a conflict between the terms of this Agreement and Contractor’s proposal, this Agreement will control. In the event of conflict between a provision in the main body of the Agreement and a provision in the Exhibits, the provision in the main body of the Agreement will control. In the event of an inconsistency between Exhibit A and Exhibit B, Exhibit A will control. 29. AUDIT Contractor will maintain records to assure conformance with the terms and conditions of this Agreement and to assure adequate performance and accurate expenditures within the contract period. Contractor agrees to permit City, the State of Oregon, the federal government, or their duly authorized representatives to audit all records pertaining to this Agreement to assure the accurate expenditure of funds. 30. SEVERABILITY In the event any provision or portion of this Agreement is held to be unenforceable or invalid by any court of competent jurisdiction, the validity of the remaining terms and provisions will not be impaired unless the illegal or unenforceable provision affects a significant right or responsibility, in which case the adversely affected party may request renegotiation of the Agreement and, if negotiations fail, may terminate the Agreement. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 11 | P a g e Indirect Cost Allocation Plan Study 32500067 31. COMPLIANCE WITH TAX LAWS Contractor represents and warrants that Contractor is, to the best of the undersigned’s knowledge, not in violation of any Oregon tax laws including but not limited to ORS 305.620 and ORS Chapters 316, 317, and 318. Contractor’s failure to comply with the tax laws of this state or a political subdivision of this state before the Contractor executed this Agreement or during the term of this Agreement is a default for which the City may terminate this Agreement and seek damages and other relief available under the terms of this Agreement or applicable law. IN WITNESS WHEREOF, City and Contractor have caused this Agreement to be executed by their duly authorized officials. CITY OF TIGARD MGT IMPACT SOLUTIONS, LLC By: __________________________________ By: __________________________________ Name: _______________________________ Name: _______________________________ Title: ________________________________ Title: ________________________________ Date: ________________________________ Date: ________________________________ Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 A. Trey Traviesa 6/30/2025 CEO Eric Kang Finance Director 6/30/2025 12 | P a g e Indirect Cost Allocation Plan Study 32500067 EXHIBIT A SERVICES TO BE PROVIDED INTRODUCTION The purpose of the Indirect Cost Allocation Plan (“Plan”) is to ensure that the City of Tigard has a basis for allocating direct and indirect costs, operating costs, equipment repair and replacement costs, comprehensive overhead rates and internal service fund charges; and is accurately accounting for the true cost of providing various services by and to each department. This Plan will identify eligible costs and develop a methodology to allocate them to benefiting activities, in such a way that facilitates budget predictability, smooths year-to-year volatility and fully funds services provided. Additionally, best practices accounting standards and OMB 2 CFR Part 225 make it necessary for the City to maintain a well-documented cost allocation plan that will help it to appropriately allocate general, administrative and internal service costs in its budget; property identify overhead rates that can be used in the calculation of billable hourly rates for federal and state grants, user fees, and reimbursements from other governmental agencies and from other benefiting City funds and activities. SCOPE OF WORK Contractor will provide adequate personnel and resources to accomplish an updated and complete indirect cost allocation study. Work under this contract includes, but is not limited to: A. Determining the nature and extent of services provided by central services organizations. B. Identifying the lowest reasonable activity level to calculate the full costs consistent with Office of Management and Budget's (OMB) Uniform Guidance regulations. C. Determining appropriate statistical data for allocating functional activity costs. D. Performing cost analysis of the central service organizational unit. E. Developing a cost allocation model, identifying disallowed OMB Uniform Guidance costs. Model will allocate allowable functional cost activities of each central service organization to the operational units of the City that benefit from or receive services from the central service unit. Summarize the allocated costs by receiving department. Contractor will prepare the City’s Cost Allocation Plan for direct and indirect costs, including operating costs, equipment repair and replacement costs, comprehensive overhead rates and internal service fund charges, (total cost plan and an OMB 2 CFR 225 plan), which include the following elements: 1. Work with selected City staff to refine the project scope, purpose, uses and goals of the Plan to ensure that the study will be both accurate and appropriate to the City’s needs. Review project schedule and answer any questions pertaining to the successful development of the study. 2. Meet with City staff and conduct interviews as needed to gain an understanding of the City’s processes and operations. This includes where certain services and functions are performed together or shared through cooperation between different departments. Costs should be identified so that they can be allocated to and tracked by the appropriate department. 3. Identify the total cost of providing each City service at the appropriate activity level and in a manner that is consistent with all applicable laws, statutes, rules, and regulations governing the collection of fees, rates, and charges by public entities including, but not limited to, OMB 2 Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 13 | P a g e Indirect Cost Allocation Plan Study 32500067 CFR Part 225 standards. 4. Identify appropriate basis to allocate various costs for the City’s activities. 5. Develop a Cost Allocation Plan Model that allocates costs to various City programs and activities and recovers costs for the providing departments and funds, using the most recent budget and/or actual data for calculating the allocations and cost recovery. The requirements of the model should allow for: a. Additions, revisions, or removal of direct and overhead costs so that the full cost allocation plan can be easily adapted to a range of activities, both simple and complex. b. The ability for the City to continuously update the model and full cost allocation plan from year to year as the organization changes. c. The addition of hypothetical service area information for future service enhancements, and the ability to calculate the estimated costs of providing the service under consideration (i.e. adhoc analysis). 6. Develop issue papers on other matters that come to your attention in the course of your evaluation that in your professional opinion the City should consider. 7. Present the Plan to the City’s project team and make necessary adjustments as requested. 8. Prepare and deliver presentations to the Council to facilitate their understanding of the Plan and its implications for the City. 9. Work with the Finance Department in developing service provisions, cost categories, and allocation criteria for current and future programs. 10. Provide the City with an electronic copy of the final Plan, including related schedules and cost documentation in Microsoft Word and Microsoft Excel that can be edited and updated by City staff to accommodate changes in the organization or changes in costs. 11. Prepare a final report of the Cost Allocation Plan and provide one unbound copy and a single Microsoft Excel and PDF file of the Plan that can be made available to City staff. Models tables, and graphs should be provided in Microsoft Excel. Any Cost Allocation Model revisions developed will also be made available to the City in Microsoft Excel and PDF formats, providing the ability to add, delete and/or update information as needed. 12. Provide a computer-based model in Microsoft Excel and Burso for adjusting the cost allocations and/or allocation basis for the City’s current and future needs and provide the City with an electronic copy of the final comprehensive study, including related schedules and cost documentation in a format that can be edited and updated by City staff to accommodate changes in the organization or changes in costs. 13. Consult with City staff should the need arise to defend the cost allocation plan because of audits or other challenges. 14. Provide a plan and cost to annually update the cost allocation plan should the City decide to contract for this service. SPECIFIC PHASES AND TASKS Phase 1 – Meetings with City Personnel and Data Collection 1. Contractor will meet with key City personnel including Finance and other key departments. This meeting will refine project objectives, establish the final project schedule, and identify potential pitfalls. Contractor will review the project approach with meeting participants and make sure that all involved personnel fully understand how the cost allocation plan will be developed and adopted, as well as conform to the City’s desired outcomes. Contractor will also request from the City source financial and operational data at this time. 2. Contractor will then determine appropriate net allowable costs, including labor, for each Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 14 | P a g e Indirect Cost Allocation Plan Study 32500067 central service (centralized administrative or support) department or division (such as accounting, human resources, and information technology) while also identifying the primary services (or functions) provided and the recipients of those services. Contractor will also determine jointly with department personnel, optimal allocation bases or metrics to distribute the identified service costs. Phase 2 – Process Draft Cost Allocation Plan 1. Based on each central service department’s identified services, corresponding net costs service recipients, and allocation base or metric, we will process a draft cost allocation plan. This draft plan will be reviewed and refined based on several quality assurance activities. Our proprietary cost allocation software will be used to process the cost allocation plan. Phase 3 – Review Draft Results with City Personnel 1. After the draft cost allocation plan is prepared and reviewed internally, our consultants will review the results with City personnel from Finance and key central service and receiving departments. Inconsistencies will be reconciled, new data obtained as required, and the draft cost allocation plan and indirect cost rates (if applicable) will be revised as necessary. Phase 4 – Finalize Results and Ongoing Assistance 1. After Finance and other key department personnel have approved the final cost allocation plan, we will prepare supplemental schedules, management reports, compliance verbiage, and certifications as necessary or requested. 2. Preparation of comprehensive indirect cost rates based on the final 2 CFR Part 200 plan. 3. Deliver one unbound and an electronic cost allocation plan (excel and pdf format) to the City, as well as electronic copies of all supporting documentation, including comparison and trend reports, as requested. 4. Provide negotiation, audit defense, and technical assistance on an ongoing basis to City personnel. We will be available and responsive to City personnel throughout the year to answer questions or provide information. 5. Should the cognizant agency not approve the plan or rates, we will modify the analysis until accepted. PROJECT DELIVERABLES The City will receive the following deliverables from Contractor: Project Deliverables 1. A Final 2 CFR Part 200 compliant and Full cost allocation plan based on actual costs. The 2 CFR plan will allow the City to recover indirect costs from federal and state programs; whereas the Full cost plan can be used internally to recover reimbursement from internal agencies for the cost of services provided. These plans are prepared concurrently. 2. Burso provides a full range of management reports that compare costs across years (periods). It also allows for comparison reports across different versions of plans, so that comparisons using different allocation metrics can be evaluated. 3. Comprehensive Indirect cost rates based on the final 2 CFR cost allocation plan. 4. Continuous training, guidance, and assistance in applying the cost allocation plan. 5. If opportunities for the City to recover more direct or indirect costs, Contractor will share them concisely in an issue paper. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 15 | P a g e Indirect Cost Allocation Plan Study 32500067 SCHEDULE MILESTONES The City desires to have the Indirect Cost Allocation study completed by September 30, 2025. The following tentative schedule will be finalized upon project kick-off. Indirect Cost Allocation Plan Study Month 1 2 3 4 PHASE 1: MEETINGS WITH CITY PERSONNEL AND DATA COLLECTION Project Director 4 Project Manager 8 8 Project Analyst 6 6 PHASE 2: PROCESS DRAFT COST ALLOCATION PLAN Project Director 2 Project Manager 6 15 9 Project Analyst 4 24 8 PHASE 3: REVIEW DRAFT RESULTS WITH CITY PERSONNEL Project Director 1 1 Project Manager 4 4 Project Analyst 8 8 PHASE 4 – FINALIZE RESULTS AND ONGOING ASSISTANCE Project Director 4 Project Manager 8 Project Analyst 12 Total Hours 28 55 30 37 COST/RATE ESTIMATES Contractor will bill for hours at the following rates for a total not to exceed $34,500: Key Personnel Estimated Hours Hourly Fee Rate Total Project Director 12 $329 $3,948 Project Manager 62 $278 $17,236 Project Analyst 76 $139 $10,565 Technical Advisor 7 $393 $2,751 Grand Total 157 $34,500 City will pay Contractor $11,000 for two years of software subscription fees as outlined in the Burso Subscription Agreement: Order Form (Exhibit C). Any ad-hoc consulting beyond the hours included in any Year, pricing shown above will be billed at $400/hour and will be ordered through written amendment to this Agreement. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 EXHIBIT B CONTRACTOR’S PROPOSAL See following pages. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Submitted by: PATRICK DYER VICE PRESIDENT 3600 AMERICAN RIVER DRIVE SUITE 150 SACRAMENTO, CA 95864 888.302.0899 PDYER@MGT.US Proposal JANUARY 30, 2025 RFP #2025-11 Indirect Cost Allocation Plan Study City of Tigard, Oregon Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 MGT.US CITY OF TIGARD, OR RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY JANUARY 30, 2025 Table of Contents TRANSMITTAL PAGE ............................................................................................. 1 FIRM QUALIFICATIONS AND PROJECT TEAM ...................................................... 3 FIRM PROFILE ......................................................................................................... 3 EXPERIENCE AND QUALIFICATIONS ..................................................................... 3 REFERENCES ........................................................................................................... 4 PROJECT UNDERSTANDING AND APPROACH ..................................................... 6 METHODOLOGY ...................................................................................................... 6 ESTIMATED SCHEDULE .......................................................................................... 8 PROJECT MANAGEMENT ...................................................................................... 9 PROJECT TEAM QUALIFICATIONS ........................................................................ 9 KEY PERSONNEL ..................................................................................................... 9 COST PROPOSAL ................................................................................................. 10 APPENDIX A. RESUMES ....................................................................................... 11 APPENDIX B. REQUIRED FORMS ......................................................................... 16 Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 1 Transmittal Page January 30, 2025 Toni Riccardi, Contract & Purchasing City of Tigard 13125 SW Hall Blvd. Tigard, OR 97223 Dear Ms. Riccardi: As the nation’s leading provider of government and public agency cost allocation plan (CAP) solutions, specializing in maximizing administrative claiming and cost recovery on fees to enhance financial health and fiscal sustainability, MGT Impact Solutions, LLC (MGT) is uniquely well qualified to partner with the City of Tigard (City) to exceed all your expectations on this Indirect Cost Allocation Plan Study project. HOW CAN WE SUPPORT YOU? Based on the City’s Request for Proposals (RFP), we understand you are seeking to support the City’s ongoing growth and development and become an equitable community for all. Our solutions are based on best practices, policies, and procedures for like-sized institutions. With a proven track record of successfully completing hundreds of CAPs, indirect cost rate proposals, and related services nationwide, MGT has developed a proprietary Software as a Service (SaaS) solution for CAPs: Burso, designed around the needs of clients like you. Whether utilized by MGT’s experienced and knowledgeable staff as a part of a consulting contract or used directly by the City, Burso makes cost plan reporting easier for everyone. The following are the keys to our successful methodology: • Tailored Software Solution: Expertly designed for cost allocation, the software is fully compliant with 2 Code of Federal Regulations (CFR) federal guidelines and accepted by all state and federal agencies. MGT provides training on the software, and after the structural set up has been completed, only updates would be required in the following years, if applicable. Statistical and expenditure data is all uploaded directly from client reports. • Oregon Experience: MGT is highly familiar with the state of Oregon through its previous cost plan projects with the City of Oregon City, City of Albany, City of Beaverton, and Clackamas County, providing valuable insights and expertise in local government operations and financial planning. • Unmatched Cost Allocation Expertise: With over 50 years of combined experience, MGT’s project teams lead the nation in cost allocation solutions. • Ironclad Compliance: Each plan is meticulously reviewed by both MGT’s senior staff and the City’s project officer, ensuring full compliance with local, state, and federal regulations. • Trusted Advisor: From start to finish, MGT will serve as the City’s dedicated advisor, guiding the project and delivering results with unwavering expertise. With a proven track record of successfully completing hundreds of CAPs, indirect cost rate proposals, and related services nationwide, MGT understands that the City’s needs extend far Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 TRANSMITTAL PAGE CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 2 beyond the project deliverables. We pride ourselves on having the most experienced and knowledgeable CAP consultants in the country, with a deep understanding of the latest federal and state requirements and best practices for local governments. MGT CONTACT INFORMATION PROJECT LEADER / PROPOSAL CONTACT Michelle Garrett | Senior Manager 8200 S. Quebec, Suite A3 #184 | Centennial, CO 80112 P: 303.807.6331 | Email: mgarrett@mgt.us MGT HEADQUARTERS MGT Impact Solutions, LLC 4320 West Kennedy Boulevard | Tampa, Florida 33609 P: 888.302.0899 | Fax: 850.385.4501 | www.mgt.us FEIN: 81-0890071 INDIVIDUALS AUTHORIZED TO COMMIT FIRM Patrick Dyer | Vice President 3600 American River Drive, Suite 150 | Sacramento, California 95864 P: 888.302.0899 | Email: pdyer@mgt.us Robert Holloway | Senior Vice President 4320 West Kennedy Boulevard, Suite 200 | Tampa, Florida 33609 888.302.0899 | Email: rholloway@mgt.us A. Trey Traviesa | CEO & Chairman of the Board 4320 West Kennedy Boulevard, Suite 200 | Tampa, Florida 33609 P: 888.302.0899 | Email: ttraviesa@mgt.us Carla Luke | Chief Financial Officer 4320 West Kennedy Boulevard, Suite 200 | Tampa, Florida 33609 P: 888.302.0899 | Email: cluke@mgt.us The following proposal has been tailored to your specifications and provides a detailed plan of how we will partner with you to meet your objectives. Thank you for the opportunity to present our qualifications to the City of Tigard. If you have questions on any aspect of our proposal, please contact Michelle Garrett at 303.807.6331 or by email at mgarrett@mgt.us. Sincerely, Patrick J. Dyer, Vice President Authorized to Bind the Firm Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 3 Firm Qualifications and Project Team Firm Profile Impacting communities for good. MGT Impact Solutions, LLC MGT Impact Solutions, LLC (MGT) is a national research and management consulting firm specializing in providing management and financial services to government clients. Founded in 1974, MGT is a limited liability company owned by the current and retired partners, principals, and consultants of the firm. The advantage of this ownership structure to our clients is that every member of the firm has a vested interest in the successful completion of every project, for every client. Our Commitment MGT embraces the most complex challenges on the leadership agenda, with deep commitment, agility, and local expertise to make a measurable and profound impact. Simply stated, We are impacting communities for good. A Social Impact Commitment Experience and Qualifications Incomparable Cost Allocation Expertise. DEFINED BY IMPACT Making a profound impact on society is at the heart of who we are and what we do. City of Tigard should be proud to make a difference in the lives of the citizens in your community, and we are proud to work with you toward this goal. Our team empowers organizations through innovations in people, processes, and technology to lift and strengthen your solutions. MGT | FIRST LOOK Name: MGT Impact Solutions, LLC (MGT) Locations: Headquarters Address: 4320 West Kennedy Boulevard I Tampa, FL; branch offices nationwide. Cooperative Contracts: ASC 20-7359, 24-7484 OMNIA LS4612 TIPS 220601, 220802, 230105 TXShare 2024-019 Structure: Privately held, employee-owned, client-driven Limited Liability Company. Lines of Business: Strategy and Implementation, Performance and Operations, IT Infrastructure, and Cyber Security and Resilience for public sector and commercial companies. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 FIRM QUALIFICATIONS AND PROJECT TEAM CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 4 MGT Financial Solutions Group The MGT Financial Solutions Group provides cost allocation plan preparation, user fee study and indirect cost rate calculation services to government entities in over 30 states including Oregon. In the past five years, our consultants have prepared more than 300 hundred cost allocation plans and studies for cities, and counties ranging in population from a few thousand to over three million. Our proposed Project Director, Ms. Meredith Miller, and our proposed Project Manager, Ms. Michelle Garrett, and Project Analyst, Ms. Giselle Lerma, successfully provide cost allocation services to cities and counties in Oregon as well as for cities and counties across the U.S. EXPERIENCE IN OREGON The following table is a list of Oregon clients currently or recently receiving cost allocation and indirect cost rate calculation services from MGT Financial Services consultants. City of Oregon City City of Albany City of Beaverton Clackamas County Oregon Dept. of Revenue References A leader in cost allocation services. These three references are for current MGT cost allocation clients receiving services from the MGT consultants proposed for the City. JEFFERSON COUNTY CITY OF BEAVERTON CITY OF OREGON CITY Bradley Wolf Senior Financial Analyst 303.271.8553 Bawolf@jeffco.us 100 Jefferson County Parkway, Golden, CO 80419 Peter Rhodes Senior Financial Manager 503.526.2532 prhodes@beavertonoregon.gov PO Box 4755, Beaverton, OR 97076 Matt Zook Finance Director 503.496.1525 mzook@orcity.org 625 Center Street, Oregon City, OR 97045 Management and Organizational Capabilities MGT applies proven project management methodologies honed through years of experience to deliver results that are on time, on budget, and exceed client expectations. Our extensive workload management ensures the City will receive the same high-quality, timely service as all our clients. By scheduling cost plan submissions in September and March, the City benefits from focused attention and efficient service, as these months fall outside peak periods when most municipalities submit state filings in June and December. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 FIRM QUALIFICATIONS AND PROJECT TEAM CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 5 Each team member is ready to begin work upon receipt of a signed contract. If additional resources are needed during the project or if the schedule accelerates, MGT can draw from a team of 17 experienced staff, 8 of whom have over 15 years of expertise. Our standardized procedures, processes, and reporting frameworks ensure effective project delivery, and we are fully committed to dedicating the necessary resources to meet all requirements and timelines. Quality Control The hundreds of cost plans prepared by this team provide standardized procedures that are followed in regard to the review and analysis of all cost plans prepared and guarantee uncompromising quality. To enhance quality and promote effective communication, we have intentionally kept our project team at an efficient size; while ensuring we have the full range of knowledge and skills required for this significant project. Over the years, we have found that a small group of dedicated team members produces a better product than a large group of professionals who perform small segments of the work. Accordingly, we make clear assignments to experts who understand the full range of issues involved. Cost and Schedule Controls MGT leverages Mavenlink, a project management and monitoring software tool to track key components of the project, including project schedule, resources, timelines, risks, and milestones. The work plan may be adjusted if additional information is acquired between submission and project start date. From the work plan, the MGT team will develop a detailed schedule. Hours expended by project team members are closely monitored by the Project Director to ensure the project remains on schedule and within budget. If additional staff resources or other resources are needed to adhere to the timeline, MGT has the corporate capacity and flexibility to make these additions. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 6 Project Understanding and Approach Strict adherence to a detailed work plan and schedule specifically designed for providing quality cost allocation services. Methodology We utilize a cost allocation plan methodology that incorporates years of experience applying 2 CFR Part 200 principles into a systematic, yet flexible, multi-step approach to raise the accuracy and acceptance of cost allocation plan results. This methodology has been reviewed and accepted by state agencies, federal cognizant agencies, internal auditors, and external auditors in multiple states, including Oregon. Specific Phases and Tasks The following four-phase work plan has been refined over many years to provide a methodology that produces compliant cost allocation plans that include internal service funds and the development of indirect cost rates with minimal disruption to our client’s workload. Phase 1 – Meetings with City Personnel and Data Collection • Meet with key City personnel including Finance and other key departments. This meeting will refine project objectives, establish the final project schedule, and identify potential pitfalls. We will review our project approach with meeting participants and make sure that all involved personnel fully understand how the cost allocation plan will be developed and adopted, as well as conform to the City’s desired outcomes. We will also request from the City source financial and operational data at this time. • We will then determine appropriate net allowable costs, including labor, for each central service (centralized administrative or support) department or division (such as accounting, human resources, and information technology) while also identifying the primary services (or functions) provided and the recipients of those services. We will also determine jointly with department personnel, optimal allocation bases or metrics to distribute the identified service costs. Phase 2 – Process Draft Cost Allocation Plan • Based on each central service department’s identified services, corresponding net costs, service recipients, and allocation base or metric, we will process a draft cost allocation plan. This draft plan will be reviewed and refined based on several quality assurance activities. Our proprietary cost allocation software will be used to process the cost allocation plan. Phase 3 – Review Draft Results with City Personnel • After the draft cost allocation plan is prepared and reviewed internally, our consultants will review the results with City personnel from Finance and key central service and receiving departments. Inconsistencies will be reconciled, new data obtained as Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 PROJECT UNDERSTANDING AND APPROACH CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 7 required, and the draft cost allocation plan and indirect cost rates (if applicable) will be revised as necessary. Phase 4 – Finalize Results and Provide Ongoing Assistance • After Finance and other key department personnel have approved the final cost allocation plan, we will prepare supplemental schedules, management reports, compliance verbiage, and certifications as necessary or requested. • Preparation of comprehensive indirect cost rates based on the final 2 CFR Part 200 plan. • Deliver one unbound and an electronic cost allocation plan (excel and pdf format) to the City, as well as electronic copies of all supporting documentation, including comparison and trend reports, as requested. • Provide negotiation, audit defense, and technical assistance on an ongoing basis to City personnel. We will be available and responsive to City personnel throughout the year to answer questions or provide information. • Should the cognizant agency not approve the plan or rates, we will modify the analysis until accepted. PROJECT DELIVERABLES The City will receive from MGT consultants the following services: Project Deliverables 1. A Final 2 CFR Part 200 compliant and Full cost allocation plan based on actual costs. The 2 CFR plan will allow the City to recover indirect costs from federal and state programs; whereas the Full cost plan can be used internally to recover reimbursement from internal agencies for the cost of services provided. These plans are prepared concurrently. 2. Burso provides a full range of management reports that compare costs across years (periods). It also allows for comparison reports across different versions of plans, so that comparisons using different allocation metrics can be evaluated. 3. Comprehensive Indirect cost rates based on the final 2 CFR cost allocation plan. 4. Continuous training, guidance, and assistance in applying the cost allocation plan. 5. If opportunities for the City to recover more direct or indirect costs, we’ll share them concisely, as outlined in the RFP’s issue paper requirement. Project Management Each of our proposed senior-level consultants is an expert in applying various project management methods and techniques to cost allocation projects. This expertise is rooted in completing hundreds of CAPs, many for jurisdictions similar in size to the City, and many requiring negotiations with state and federal auditors. Additionally, all MGT consultants attend regular peer group reviews and training sessions to continuously refine project management, client service, and 2 CFR Part 200 knowledge and skills. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 PROJECT UNDERSTANDING AND APPROACH CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 8 Our approach is built on a proven framework of standardized procedures, processes, and communication strategies, refined through years of experience. We develop project timelines and milestones while anticipating and addressing typical obstacles and challenges that may arise. MGT’s team understands exactly what needs to be done to meet each client’s unique needs and circumstances effectively – resulting in the most efficient project. Aside from fixed deadlines and milestones, however, the framework is flexible to accommodate each client and even each annual project for recurring clients. Estimated Schedule These tasks will lead to the completion of the CAP in four months, assuming key data is made available in a timely manner. The following table represents the estimated amount of time to provide the proposed services. Indirect Cost Allocation Plan Study Month Ongoing 1 2 3 4 PHASE 1: MEETINGS WITH CITY PERSONNEL AND DATA COLLECTION Project Director 4 Project Manager 8 8 Project Analyst 6 6 PHASE 2: PROCESS DRAFT COST ALLOCATION PLAN Project Director 2 Project Manager 6 15 9 Project Analyst 4 24 8 PHASE 3: REVIEW DRAFT RESULTS WITH CITY PERSONNEL Project Director 1 1 Project Manager 4 4 Project Analyst 8 8 PHASE 4 – FINALIZE RESULTS AND PROVIDE ONGOING ASSISTANCE Project Director 4 Project Manager 8 Project Analyst 12 Total Hours 28 55 30 37 Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 9 Project Management Project Team Qualifications Proposed Project Manager’s Experience Michelle Garrett will serve the City as Project Manager. In this role, they will participate in day-to- day activities such as meeting with department personnel, collecting data, processing data, reviewing draft calculations with the Project Director, and preparing final documents. Michelle Garrett has over 20 years of cost plan experience working with local governmental agencies. She has worked with dozens of jurisdictions, including all of the Oregon municipalities as well as many cities and counties in Colorado, Arizona, New Mexico, and California. Michelle has led and managed hundreds of cost plans and other fiscal analysis projects from start to finish. MGT’s Principal Member Involvement MGT’s Project Director is the primary person responsible for ensuring the resources to conduct the project are available throughout the project and that the team fulfills all contractual requirements, produces a quality report, and meets all project deadlines. They have final authority for the project and deliverables and help resolve conflicts over any project issues. MGT’s Chief Executive Officer oversees over 900 employees serving State & Local Government, Education, and Technology markets. Key Personnel There will be four key personnel assigned to this project. This project team has the availability and bandwidth to successfully complete this project. The personnel described in our proposal are the professionals who will provide the services for this project. The key staff will be available and actively engaged in this project for the duration. No key person will be removed or replaced without the prior written concurrence of the City. The Project Director will address any questions or concerns throughout the project and will be available to attend on-site interviews and necessary meetings, and present the final report findings to the City staff and stakeholders. The Project Manager will lead client meetings and interviews and be responsible for managing the project on a day-to-day basis. MGT’s Technical Advisor provides years of subject-matter expertise and will ensure team members are regularly informed about relevant research and analysis related to the project and will weigh in on more complex issues if they arise. The Project Analyst will work in close contact with MGT’s Project Director, Project Manager, and key City employees as appropriate to customize and execute each work task and fulfill the City’s stated expectations. RESUMES More detailed project team resumes that include information on direct relevant experience, demonstrated performance record, and unique qualifications are provided in Appendix A. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 10 Cost Proposal Defined by Impact. Driven by People. Dedicated to the Community. MGT proposes to perform the services included in this proposal for a fixed fee of $34,500. This budget will provide the City with 157 consulting hours, which will provide the City with ample time and resources to produce a CAP as described in the scope of services. Estimated expenses are shown for anticipated travel, copying, and other costs related to the scope of work. Only actual expenses will be charged. Travel is not expected but if it does happen it will be charged at actual cost and miscellaneous minor costs, such as copying will be included in the fixed fee. Key Personnel Estimated Hours Hourly Fee Rate Total Project Director 12 $329 $3,948 Project Manager 62 $278 $17,236 Project Analyst 76 $139 $10,565 Technical Advisor 7 $393 $2,751 GRAND TOTAL 157 $34,500 Two Year Extension Total 2nd year $36,250 3rd year $38,000 As another option in the 2nd year, Burso could be licensed for a fee of $5,000 with consulting hours added on at an additional cost of $400/hour. Additional years’ pricing would need to be negotiated. Method of Payment MGT will provide invoices to the City according to the above milestones, or in three installments, as outlined below. It is customary for MGT to invoice 10% of the contract price at the time of project initiation or contract execution. This invoiced amount covers MGT’s efforts on strategy sessions, preliminary on-site meetings, project planning, and items not tied to fixed fee tasks outlined in the proposal. The second installment of 80% will be invoiced after the delivery of draft documents. The third installment of the remaining 10% will be invoiced after delivery of the final deliverables and project completion. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 11 Appendix A. Resumes Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 APPENDIX A. RESUMESAPPENDIX A. RESUMES CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 12 Areas of Expertise • Government Cost Allocation Plans (2 CFR Part 200) • Full Cost Allocation Plans (GAAP) • User Fee Studies • Jail Rate Studies • Indirect Cost Rate Proposals • Cost Analysis • SB 90 Claim Preparation and Reimbursement • Management Auditing • Financial Compliance and Reporting • Public Sector Consulting • Strategic Financial Planning • Performance Solutions and Optimization Education • B.B.A., The University of Texas at Austin, 2008 Meredith Miller Director Meredith Miller is a highly experienced Director with MGT, specializing in governmental cost-of-service studies for over fourteen years. She has an extensive background in local government consulting, focusing on cost allocation development, cost of services, user fee rate development, SB 90 reimbursement, and management auditing. Her expertise spans numerous cities and counties across Texas, California, Louisiana, Nevada, New Mexico, Colorado, Oklahoma, Minnesota, and Kansas. Additionally, Meredith has worked with state agencies in Alabama, Kansas, New Mexico, Oregon, Mississippi, and Arizona, negotiating indirect cost rates with various cognizant agencies. Before joining MGT, Meredith was a Senior Consultant at MAXIMUS, where she prepared cost allocation plans, indirect cost rate studies, user fee studies, and claims for several jurisdictions. Her recent projects include cost allocation plans and user fee studies for major cities such as Fullerton, CA, Fort Worth, TX, and Las Vegas, NV. Meredith is known for her ability to develop and defend comprehensive financial plans, ensuring maximum reimbursement and compliance with federal guidelines. Selected Project Highlights City of El Paso, TX Cost Allocation, Local Alabama Department of Conservation and Natural Resources Cost Allocation and Indirect Cost Rates, State Dallas Sustainable Development and Construction Department, TX Development Services Fee Calculations Work Experience MGT Impact Solutions, LLC, Director, 2019-Present MAXIMUS Consulting Services, Senior Consultant, 2008-2019 Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 APPENDIX A. RESUMESAPPENDIX A. RESUMES CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 13 Areas of Expertise • Federal Cost Allocation Plans (2 CFR Part 200) • Full Cost Allocation Plans (GAAP) • User Fee Studies • Indirect Cost Rate Proposals (ICRP) • Charge Back and Billing Rate Models • Daily Jail Rate • Regulated Cannabis/Marijuana Cost Analyses Education • M.A.c.c., University of Missouri, Columbia • B.S., Business Administration, Northern Arizona University Michelle Garrett Manager Michelle Garrett, a seasoned Manager at MGT, brings over fifteen years of invaluable experience in cost accounting consulting to her role. Her tenure at MGT has been marked by the meticulous preparation of cost allocation plans, user-fee studies, indirect cost rate calculations, and other essential management documents for numerous cities and counties across the nation. Michelle's expertise extends to negotiation with federal and state authorities, adept audit defense strategies, and tailored cost analyses tailored to meet the specific needs of public-sector clients. She boasts a proven track record of compliance with, and successful negotiation of cost allocation plans with state and federal cognizant agencies. Michelle's academic achievements are equally impressive, having earned her Bachelor of Science in Business Administration with honors from Northern Arizona University and her Master in Accountancy with honors from the University of Missouri. Her dedication and proficiency were further demonstrated by passing the CPA exam on her first sitting. With a notable emphasis on Colorado, Michelle has demonstrated her proficiency by preparing cost allocation plans, user fee studies, and indirect cost rate calculations for cities and counties across various states, including Arizona, Hawaii, New Mexico, California, Florida, Tennessee, and Oklahoma. Her extensive experience, particularly with over 75 cities and counties in Colorado, underscores her ability to consistently deliver exceptional cost allocation plans tailored to the unique requirements of each jurisdiction. Selected Project Highlights Delta County, CO Cost Allocation Plans City and County of Denver, CO Cost Allocation Plans Special District Cost Rates Work Experience MGT Impact Solutions, LLC, Senior Manager, 2004-Present Public Resource Management (PRM), Consultant Sloan’s Lake HMO, Senior Accountant Reinsurance Group of America, Accountant Coopers & Lybrand, LLP, Senior Audit Associate Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 APPENDIX A. RESUMESAPPENDIX A. RESUMES CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 14 Areas of Expertise • Cost Allocation Plans in accord with 2 CFR Part 200 and GAAP • Statewide Cost Allocation Plans (SWCAPs) • Indirect Cost Rate Proposals (ICRPs) • Daily Jail Rate, Booking Fee Analyses • Sub-Grantee Indirect Cost Policies, Procedures, Models • Fund Cost Recovery Maximization • Personal Activity Reporting System Implementation • Internal Service Funds Charge- Back Rate Methodologies and Rates Development and Negotiation Education • B.S., Business Accounting, University of Kansas Bret Schlyer Vice President Bret Schlyer has more than 25 years of experience assisting state and local government clients. His work and consulting project engagement have provided him with theoretical and practical experience in the analysis and costing of governmental operations. He has broad experience with federal cost determination standards; generally accepted accounting principles and procedures; and governmental budgeting, finance, accounting, and operations. Mr. Schlyer is a nationally recognized authority on federal cost principles and their impact on state and local governments. He has made numerous presentations to and published articles for governmental organizations on the development and application of federal cost allocation plans, indirect cost rates, charge-back rates, and compliance with federal cost principles. He has provided training at several state Association of Governmental Accountants and Governmental Finance Officer Association professional development conferences. In addition, he has given presentations on federal costing principles, cost analysis, and cost recovery subjects to state agencies and local entities in more than a dozen states. Selected Project Highlights Navajo Nation Indirect Cost Rate Proposal State of Nevada Statewide Cost Allocation Plans State of Louisiana Internal Service Fund Rate Setting City of Harrisonville, MO Enterprise Fund Transfer Policy St. Louis County, MO Cost Allocation Plans; Indirect Cost Rates Work Experience MGT Impact Solutions, LLC, Vice President, 2008-Present Maximus, Inc., Director, Financial Services Division David M. Griffith & Associates, LTD. (DMG), Consultant Kansas Corporation Commission, Administrative Officer Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 APPENDIX A. RESUMESAPPENDIX A. RESUMES CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 15 Areas of Expertise • Data Mining, Analytics and Visualization • Forecasting and Reporting • Financial Services • SQL, R, Stata Education • M.A., Economics, University of Nevada • B.S., Business Administration: Economics, University of Nevada Professional Development & Speaking Engagements • Published Research on Transportation Innovations in Transportation Research Journal and Transport Policy • Lecturer on Transportation Innovations Giselle Lerma Analyst Giselle Lerma is an experienced analyst, focusing her skills on cost allocation plans for MGT. She obtained her bachelor’s and master’s degrees in economics with a focus on economic growth and development from the University of Nevada, Las Vegas. Her background in analytics allows her to produce inquisitive solutions, reports, and visualizations. Prior to joining MGT, Giselle worked at The Venetian Resort as a revenue management analyst. As part of the yield team, she focused primarily on data analytics, modeling, and forecasting to build reports and visualizations. While completing coursework for her master’s degree, she worked as a faculty assistant for the university’s economics department. From 2019 to 2020, Ms. Lerma completed an internship with OneMain Financial gaining experience in risk management, advisory and consulting, and financial planning and analysis. Selected Project Highlights Alpena County, MI Cost Allocation Plan Boulder County, CO Cost Allocation Plan City of Flagstaff, AZ Cost Allocation Plan City of Las Cruces, NM Cost Allocation Plan Kiowa County, CO Cost Allocation Plan Oregon Department of Administration Cost Allocation Plan San Mateo County Sheriff, CA Cost Allocation Plan San Miguel County, CO Cost Allocation Plan Siskiyou County, CA Cost Allocation Plan Yuma County, CO Cost Allocation Plan Work Experience MGT Impact Solutions, LLC, Analyst, 2024-Present The Venetian Resort, Revenue Management Analyst, 2021-2024 Nevada System of Higher Education – UNLV, Economics Faculty Assistant, 2020-2022 OneMain Financial, Personal Loan Specialist and Consultant Intern, 2019-2020 Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 APPENDIX B. REQUIRED FORMSAPPENDIX B. REQUIRED FORMS CITY OF TIGARD, OR | JANUARY 30, 2025 RFP #2025-11 | INDIRECT COST ALLOCATION PLAN STUDY PAGE 16 Appendix B . Required Forms Completed forms are provided on the following pages. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Page 13 ATTACHMENT A PROPOSAL CERTIFICATIONS The Contractor agrees not to discriminate against any client, employee or applicant for employment or for services, because of race, color, religion, sex, national origin, handicap or age with regard to, but not limited to, the following: employment upgrading, demotion or transfer; recruitment or recruitment advertising; layoffs or termination; rates of pay or other forms of compensation; selection for training; rendition of services. It is further understood that any Contractor who is in violation of this clause will be barred from receiving awards of any contract from the City, unless a satisfactory showing is made that discriminatory practices have terminated and that a recurrence of such acts is unlikely. Agreed by: Contractor Name: ***************************************** Resident Certificate Please Check One: Resident Contractor: Contractor has paid unemployment taxes and income taxes in this state during the last twelve calendar months immediately preceding the submission of this proposal. Or Non-resident Contractor: Contractor does not qualify under requirement stated above. (Please specify your state of residence: ) Officer’s signature: Type or print officer’s name: MGT Impact Solutions, LLC Florida x A. Trey Traviesa CEO MGT Impact Solutions, LLC A. Trey Traviesa Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Page 14 ATTACHMENT B PROPOSAL FORM RFP 2025-11 – Indirect Cost Allocation Plan Study The Contractor named below submits this proposal in response to the Request for Proposals (RFP) for the contract named above and warrants that the Contractor has carefully reviewed the RFP and that this proposal represents the Contractor’s full response to the requirements described in the RFP. The Contractor further warrants that if this proposal is accepted, the Contractor agrees to all terms and conditions found in the sample contract (Attachment C), and will provide all necessary labor, materials, equipment, and other means required to complete the work in accordance with the requirements of the RFP and contract documents. The Contractor hereby acknowledges the requirement to carry or indicates the ability to obtain the insurance required in the sample contract. Indicate in the affirmative by initialing here: ______ The Contractor certifies that the proposal has been arrived at independently and has been submitted without any collusion designed to limit competition. The Contractor hereby acknowledges receipt of Addendum Nos. ___,___,___,___,___ to this RFP. Name of Contractor: Business Address: Telephone Number: Fax Number: Email Address: Authorized Signature: Printed/Typed Name: Title: Date: Robert Holloway MGT Impact Solutions, LLC 4320 West Kennedy Boulevard, Ste 200, Tampa, Florida 33609 888.302.0899 N/A proposals@mgt.us Senior Vice President 1/27/24 Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 __________________________________________________________________________________________ City of Tigard | 13125 SW Hall Blvd., Tigard, OR 97223 | www.tigard-or.gov City of Tigard FINANCE AND INFORMATION SERVICES Solicitation Response Form ITB/RFP Number and Title: __________________________________________________________ Firm Name: ______________________________________________________________________ Address: ______________________________________________________________________ ______________________________________________________________________ Phone: ______________________________ Email:________________________________________ Point of Contact: ____________________________________________________________________ Is your firm certified by the State of Oregon Certification Office for Business Inclusion and Diversity? Yes No If yes, check all that apply: Disadvantaged Business Enterprise (DBE)Service-Disabled Veteran (SVE) Woman-owned Business Enterprise (WBE)Emerging Small Business (ESB) Minority-owned Business Enterprise (MBE) I have read and thoroughly understand the disclaimer, instructions, and all other conditions related to downloading solicitation documents from the City of Tigard’s web page. I hereby attest that this information, to the best of my knowledge, is valid and correct. Signature: Date: _______________________________ Next Step: When you have completed this form, please send it to Contracts & Purchasing Office to be added to the plan holders list for this solicitation: Email: ContractsPurchasing@tigard-or.gov Submit: RFP 2025-11 / Indirect Cost Allocation Plan Study MGT Impact Solutions, LLC 4320 West Kennedy Boulevard, Ste 200, Tampa, Florida 33609 888.302.0899 proposals@mgt.us Michelle Garrett n 1/27/24 Click to Submit Form Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 EXHIBIT C BURSO SUBSCRIPTION AGREEMENT Refer to attached MGT IMPACT SOLUTIONS, LLC Burso Subscription Agreement Order Form. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Page 1 of 10 MGT IMPACT SOLUTIONS, LLC Burso SubscripƟon Agreement Order Form This SubscripƟon Agreement: Order Form (this "Order Form") incorporates the aƩached SubscripƟon Agreement: Terms and CondiƟons (the "T&Cs"). Signing this Order Form consƟtutes the ParƟes' acceptance of the T&Cs. Capitalized terms used but not defined in this Order Form shall have the respecƟve meanings given to them in the T&Cs. 1. Subscriber InformaƟon. Subscriber: City of Tigard Mailing Address: 13125 SW Hall Boulevard, Tigard OR 97223 Primary contact name: Eric Kang Primary contact email address: eric.kang@Ɵgard-or.gov Primary contact phone: 503.718.2776 2. Term. EffecƟve Date: 4/1/2026 IniƟal Term: [2] Two calendar years beginning on the EffecƟve Date Renewal Term: none 3. Pricing. Fees: IniƟal Term, Year 1 - (April 1, 2026 – March 31, 2027): Six Thousand ($6,000) U.S. Dollars payable in equal quarterly installments for Transfer of One Cost AllocaƟon Plan into Burso, and the Burso Base subscrip Ɵon including: 0 hours of consulƟng. IniƟal Term, Year 2 - (April 1, 2027 – March 31, 2028): Five Thousand ($5,000) U.S. Dollars payable in equal quarterly installments for the Burso Base subscripƟon including: 0 hours of consulƟng. Total; Eleven Thousand ($11,000) U.S. Dollars. 4. AddiƟonal Terms and CondiƟons. Each year of subscripƟon includes technical support for the Burso system. Any ad-hoc consul Ɵng beyond the hours included in any Year, pricing shown above will be billed at $400/hour. [REMAINDER OF PAGE LEFT BLANK – SIGNATURE PAGE TO FOLLOW] Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Page 2 of 10 IN WITNESS WHEREOF, the ParƟes have caused their duly authorized representaƟves to sign this Order Form on their behalf. Each individual signing below on behalf of a Party personally represents that he or she has been duly authorized to sign this Order Form on behalf of the Party. CITY OF Tigard, OR MGT IMPACT SOLUTIONS, LLC _______________________ ________ ________________________ _______ Name, Title Date Name, Title Date Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 A. Trey Traviesa 6/30/2025CEOFinance Director 6/30/2025Eric Kang Page 3 of 10 MGT IMPACT SOLUTIONS, LLC SubscripƟon Agreement Terms and CondiƟons These SubscripƟon Agreement: Terms and CondiƟons (these "T&Cs"), dated as of the effecƟve date set forth on the aƩached Order Form (the "EffecƟve Date"), are between MGT IMPACT SOLUTIONS, LLC, a Florida limited liability company with offices located at 4320 West Kennedy Boulevard, Tampa, FL 33609 ("MGT") and the subscriber idenƟfied on the Order Form ("Subscriber"). MGT and Subscriber are each referred to herein as a "Party", and collecƟvely, the "ParƟes". The term "Subscriber" also includes its Authorized Users (as context permits). These T&Cs are incorporated by express reference into the aƩached Order Form, and a signature to the Order Form consƟtutes acceptance of these T&Cs. These T&Cs and the Order Form are collec Ɵvely referred to herein as the "Agreement". Recitals WHEREAS, MGT has developed a certain proprietary database tool and plaƞorm, Burso, (the “MGT Plaƞorm”), which is a cloud-based SaaS soluƟon that performs various types of Cost AllocaƟon Plans (CAPs) uƟlizing both imported and manually updated expenditure and staƟsƟcal informaƟon. The system performs double step-down calculaƟons, and provides a suite of reports suitable for both Federal and Full Cost plan purposes a proprietary SaaS solu Ɵon designed to perform various types of cost allocaƟon plans; WHEREAS, Subscriber wishes to obtain a subscripƟon license to use the MGT SoluƟon (as defined below) for the purposes set forth in this Agreement; and WHEREAS, MGT is willing to provide such subscripƟon license to Subscriber, subject to the terms and condi Ɵons of this Agreement; NOW, THEREFORE, for good and sufficient consideraƟon, the receipt and sufficiency of which is hereby acknowledged, the ParƟes agree as follows: Agreement 1. DefiniƟons. For purposes of this Agreement, the following capitalized terms have the meanings set forth below. Other capitalized terms are defined in context. 1.1. Access CredenƟals. The term "Access CredenƟals" has the meaning set out in SecƟon 2.1.3 (Access CredenƟals). 1.2. Authorized User. The term "Authorized User" means any end user to whom Subscriber has provided the Access CredenƟals. An Authorized User may be removed by MGT pursuant to standard SOC provisions. 1.3. DocumentaƟon. The term "DocumentaƟon" means wriƩen, printed, or electronically provided manuals, product descripƟons, and other documentaƟon, which MGT in its discreƟon may make available to Subscriber (if any). The term "DocumentaƟon" does not include markeƟng materials. 1.4. MGT Plaƞorm. The term "MGT Plaƞorm" means: (i) the specific online plaƞorm to which MGT provides Subscriber with access, as further described in the related DocumentaƟon; (ii) the MGT System; and (iii) any MGT-provided modificaƟons, enhancements, or updates to the foregoing. 1.5. MGT SoluƟon. The term "MGT SoluƟon" means: (i) the MGT Plaƞorm; (ii) the Services; (iii) DocumentaƟon; and (iv) any MGT-provided modificaƟons, enhancements, or updates to the foregoing. 1.6. MGT System. The term "MGT System" means the soŌware, business rules, methods, data, know-how, and technology developed or acquired by MGT to enable the services it provides to its customers, including all computers, soŌware, hardware, databases, electronic systems (including database management systems), and networks, whether operated directly by MGT or through the use of third party services. 1.7. Intellectual Property Rights. The term "Intellectual Property Rights" means any rights (whether owned or licensed) exisƟng now or in the future under patent law, copyright law, trademark law, data and database protecƟon law, trade secret law, and any and all similar proprietary rights. The term "Intellectual Property Rights" means those rights as they exist as of the Effec Ɵve Date as well as all such rights subsequently acquired. 1.8. Other Agreements. The term "Other Agreements" means any acceptable use policy, terms of conduct, terms of Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Page 4 of 10 use, privacy policy, or other agreements that the ParƟes may enter into from Ɵme to Ɵme or that MGT may make available to Subscriber and/or Authorized Users from Ɵme to Ɵme. 1.9. Services. The term "Services" means those services that MGT provides to Subscriber pursuant to the Agreement, including, as applicable, Onboarding Services and Support Services. 1.10. Subscriber Data. The term "Subscriber Data" means all data, informaƟon, content, work, and other material that Subscriber or its Authorized Users upload to or otherwise make available via the MGT Solu Ɵon. 2. Grant of Rights to Subscriber. 2.1. SubscripƟon License to MGT Plaƞorm. 2.1.1. Non-Exclusive Rights in the MGT Plaƞorm. MGT, under its Intellectual Property Rights, hereby grants to Subscriber during the Term, a limited, non-exclusive, and non-transferrable subscrip Ɵon license to permit Authorized Users to access and use the MGT Plaƞorm for the Subscriber's internal business purposes; provided that such access and use shall be (i) limited to cloud-based access to an instance of the MGT Plaƞorm that resides in object code form on servers controlled by MGT and that MGT makes available to Subscriber; (ii) via a browser approved by MGT; and (iii) the MGT Pla ƞorm shall in all respects be the current version generally made available by MGT to all end users. 2.1.2. Post-Term Access. The ParƟes recognize that Subscriber may require access to the MGT Plaƞorm aŌer the end of the Term solely for the purposes of accessing legacy informa Ɵon. For a period of seven (7) years aŌer the conclusion of the Term Subscriber shall have read only access to the MGT Pla ƞorm solely for the purpose of accessing the Subscriber Data, if any. 2.1.3. Access CredenƟals. The term "Access CredenƟal" means any access code, invitaƟon code, user name, password, key, or other credenƟal used to verify and authorize the use of the MGT Pla ƞorm. MGT relies on Access CredenƟals to verify Authorized Users in order to provide them with access to the MGT Plaƞorm. Accordingly, Subscriber agrees, and shall cause each Authorized User to agree, that: (i) Access Creden Ɵals shall not be shared with any party not contemplated by this Agreement; (ii) immediately noƟfy MGT and the Subscriber if the security, confidenƟality, or integrity of the Access CredenƟals have been compromised; and (iii) Subscriber and each Authorized User are: (a) solely responsible for maintaining the confidenƟality of the Access CredenƟals, and (b) as between MGT and Subscriber, Subscriber is solely liable for any and all use of the MGT Plaƞorm that occurs as a result of access to it via the Access Creden Ɵals by Authorized Users. MGT shall provide Access CredenƟals to Subscriber, and Subscriber shall be responsible for distribuƟng the Access CredenƟals to its Authorized Users. 2.2. Non-Exclusive Rights in DocumentaƟon. MGT, under its Intellectual Property Rights, hereby grants to Subscriber during the Term, a limited, non-exclusive, and non-transferrable license to access and use (but not modify), and to permit its Authorized Users to access and use (but not modify), the Documenta Ɵon solely in connecƟon with its use of the MGT SoluƟon. 2.3. Third Party Materials. The MGT SoluƟon may incorporate, embed, or be bundled with soŌware, data, databases, or components that are owned by third parƟes, including soŌware, data, databases, or components that are subject to terms and condiƟons of third party licenses (collecƟvely, the "Third Party Materials"). Use of Third Party Materials, if any, is governed by the terms and condiƟons contained in the applicable third party's license agreement or other applicable agreement, a copy of which shall be provided upon request. 2.4. RestricƟons. Subscriber agrees that it shall not: (i) sell, rent, lease, sublicense, transfer, modify, create derivaƟve works of, or redistribute the MGT SoluƟon; (ii) use or otherwise exploit the MGT SoluƟon except solely as expressly permiƩed pursuant to SecƟon 2.1.1 (Non-Exclusive Rights in the MGT Plaƞorm); (iii) alter or remove any copyright, patent, trademark, or other protecƟve noƟces included in the MGT SoluƟon; (iv) reverse engineer, decompile, or disassemble the MGT SoluƟon or otherwise aƩempt to derive any related source code; or (v) allow any party other than Authorized Users to access or otherwise use the MGT SoluƟon. 2.5. No Implied Rights. Nothing in this Agreement shall be construed as gran Ɵng Subscriber any rights other than those expressly provided herein. Any rights granted to Subscriber under this Agreement must be expressly provided herein, and there shall be no implied rights pursuant to this Agreement based on any course of conduct or other Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Page 5 of 10 construcƟon or interpretaƟon thereof. All rights and licenses not expressly granted to Subscriber herein are expressly reserved by MGT. 3. Subscriber Grant of Rights to MGT. 3.1. License to Subscriber Data. Subscriber, under its Intellectual Property Rights, hereby grants to MGT, during the Term, a non-exclusive, non-sublicensable, non-transferable, limited license to use, display, publish, and reproduce Subscriber Data for purposes of performing its obligaƟons under this Agreement, and for maintenance and observaƟon of the MGT SoluƟon's usage. 3.2. ContribuƟons. Subscriber, under its Intellectual Property Rights, hereby grant to MGT a non-exclusive, perpetual, worldwide, irrevocable, royalty-free, fully paid-up, sublicensable, and transferrable license to copy, use, modify, and otherwise exploit Subscriber's suggesƟons, recommendaƟons, and ideas relaƟng to the MGT SoluƟon or MGT's business (collecƟvely, the "ContribuƟons") for any and all purposes and for as long as MGT sees fit. By way of clarificaƟon, and not limitaƟon, Subscriber agrees that: (i) Subscriber has no expectaƟon of review, compensaƟon, or other consideraƟon for MGT's use and exploitaƟon of ContribuƟons; and (ii) MGT is free to use and exploit the ContribuƟons in MGT's sole discreƟon and without compensaƟon or other obligaƟon to Subscriber. 4. Ownership. Other than those rights expressly granted to Subscriber under this Agreement, MGT, its subcontractors, its service providers, and its licensors (as the case may be), retain all right, Ɵtle, and interest in and to: (i) the MGT SoluƟon and its components, including all Intellectual Property Rights embodied therein; (ii) MGT Confiden Ɵal InformaƟon; and (iii) any modificaƟons, enhancements, updates, and other improvements thereto. Subscriber shall not acquire any rights in the MGT SoluƟon or other MGT ConfidenƟal InformaƟon by implicaƟon, course of conduct, or other means, apart from the express grant of rights provided in this Agreement or any subsequent agreement between the Par Ɵes. The MGT SoluƟon is licensed or made available under a subscripƟon license to Subscriber, and not sold. 5. Fees and Payment. 5.1. Fees. Subscriber shall pay MGT the fees set forth in the Order Form, and any other fees payable hereunder (collecƟvely, the "Fees"). Unless expressly otherwise provided herein, all Fees are stated and payable in U.S. dollars, are nonrefundable, and shall be paid without right of setoff. 5.2. Invoices. Unless otherwise set forth on the Order Form, MGT will invoice Subscriber for any Fees payable by Subscriber hereunder. All invoiced amounts not disputed in good faith by Subscriber in a wri Ɵng delivered to MGT prior to the applicable due date shall be due and paid by Subscriber within thirty (30) days a Ōer the date on which MGT sends the invoice to Subscriber. Any undisputed invoiced amounts not paid by the applicable due date shall thereaŌer accrue interest at a rate equal to the lesser of: (i) one and one-half percent (1.5%) per month; and (ii) the highest rate allowed by law (without 'usury' designaƟon/authority). 5.3. Taxes. All Fees payable hereunder are exclusive of, and, as between the ParƟes, Subscriber is responsible for paying, any taxes assessed or imposed in connecƟon with this Agreement (excluding taxes on MGT's income). Subscriber shall indemnify and hold MGT harmless from and against all claims and liabiliƟes arising in connecƟon with Subscriber's failure to report or pay any such taxes. If Subscriber is exempt from any taxes, Subscriber shall provide MGT with appropriate exempƟon documentaƟon. 6. MGT Services. 6.1. Support Services; Availability. During the Term, MGT shall use commercially reasonable efforts to make the material features of the MGT Plaƞorm available to Subscriber during MGT's business hours without significant interrup Ɵon or substanƟal deviaƟons from the applicable DocumentaƟon (each, an "Error"). If the MGT Plaƞorm experiences material Errors, which are not due to scheduled or intended downƟme or as a result of events beyond MGT's control, then MGT shall use commercially reasonable efforts to restore the intended func Ɵonality (the "Support Services"). In providing Support Services, MGT shall use efforts that are reasonable in light of the severity of the Error, and in accordance with MGT's then-current standard operaƟng procedures. 6.2. AddiƟonal Services. Other than the Onboarding Services and the Support Services, MGT shall not provide any support or services. 7. RepresentaƟons and WarranƟes. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Page 6 of 10 7.1. Mutual RepresentaƟons and WarranƟes. Each Party represents and warrants that: (i) it is duly organized, validly exisƟng, and in good standing, and is qualified and/or licensed to do business in all jurisdicƟons to the extent necessary to carry out its obligaƟons under this Agreement; (ii) its execuƟon, delivery, and performance of this Agreement will not violate or consƟtute a default under any agreement by which such Party is bound, or under such Party's organizaƟonal documents; (iii) it has the full right, power, and authority to enter into and be bound by the terms and condiƟons of this Agreement and to perform its obligaƟons under this Agreement; and (iv) this Agreement has been duly executed and delivered by such Party and consƟtutes a valid and binding agreement, enforceable in accordance with its terms and condiƟons. 7.2. MGT RepresentaƟons and WarranƟes. MGT represents and warrants that the MGT Plaƞorm shall be, to its knowledge, free of viruses, worms, Trojan horses, or other similar malicious code. OTHER THAN THE REPRESENTATION AND WARRANTY EXPRESSLY SET FORTH IN THIS SECTION 7.2, MGT MAKES NO OTHER WARRANTIES OR REPRESENTATIONS, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE OR ANY REPRESENTATION OR WARRANTY THAT MGT SOLUTION AND/OR THE MGT SYSTEM ARE COMPLIANT WITH THE AMERICAN WITH DISABILITIES ACT. 7.3. Subscriber's RepresentaƟons and WarranƟes. Subscriber represent and warrant to MGT that: (i) the Subscriber Data and ContribuƟons do not and shall not infringe the Intellectual Property Rights or other rights of a third party (including rights under privacy laws); (ii) Subscriber and its Authorized Users shall not knowingly upload any virus or malicious code to the MGT SoluƟon or otherwise use the MGT SoluƟon to develop a virus or malicious code; (iii) Subscriber and its Authorized Users shall comply with all applicable federal, state, and local statutes, laws, ordinances, rules and regulaƟons, and the terms of the Other Agreements. 7.4. Warranty Disclaimer. EXCEPT AS EXPRESSLY SET FORTH IN SECTION 7.2 (REPRESENTATIONS AND WARRANTIES), MGT DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES WITH RESPECT TO THE MGT SOLUTION AND OTHER MGT CONFIDENTIAL INFORMATION, WHETHER EXPRESS OR IMPLIED. EXCEPT AS EXPRESSLY SET FORTH IN THIS SECTION 7 (REPRESENTATIONS AND WARRANTIES), THE MGT SOLUTION, AND ALL MGT PERFORMANCE OBLIGATIONS AND ALL PERFORMANCE OBLIGATIONS OF MGT'S SUBCONTRACTORS, SERVICE PROVIDERS, AND LICENSORS ARE PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND. MGT DOES NOT REPRESENT OR WARRANT THAT: (i) THE MGT SOLUTION, OTHER MGT CONFIDENTIAL INFORMATION, OR OTHER PERFORMANCE OBLIGATIONS WILL MEET SUBSCRIBER'S REQUIREMENTS OR RESULT IN ANY DESIRED OUTCOME, OR (ii) THE MGT SOLUTION'S OPERATION OR DELIVERY WILL BE UNINTERRUPTED OR ERROR-FREE. TO THE FULLEST EXTENT PERMITTED BY LAW, MGT HEREBY DISCLAIMS (FOR ITSELF, ITS SUBCONTRACTORS, SERVICE PROVIDERS, AND LICENSORS) ALL OTHER REPRESENTATIONS AND WARRANTIES, WHETHER EXPRESS OR IMPLIED, ORAL OR WRITTEN, WITH RESPECT TO THE MGT SOLUTION AND OTHER PERFORMANCE OBLIGATIONS UNDER THIS AGREEMENT, INCLUDING WITHOUT LIMITATION, ALL IMPLIED WARRANTIES OF TITLE, NON-INFRINGEMENT, QUIET ENJOYMENT, ACCURACY, INTEGRATION, MERCHANTABILITY, OR FITNESS FOR ANY PARTICULAR PURPOSE, AND ALL WARRANTIES ARISING FROM ANY COURSE OF DEALING, COURSE OF PERFORMANCE, OR USAGE OF TRADE. MGT MAKES NO WARRANTY, AND EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, REGARDING THE USE OR ACCURACY OF THE MGT PLATFORM AND/OR THE MGT SYSTEM FOR AUDIT OR REPORTING PURPOSES; SUBSCRIBER EXPRESSLY ACKNOWLEDGES AND AGREES THAT IT BEARS ALL RESPONSIBILITY AND LIABILITY FOR THE PREPARATION AND CONTENT OF ANY AUDITS OR REPORTS. 8. LimitaƟons on Remedies. 8.1. ConsequenƟal Damages Waiver. IN NO EVENT SHALL MGT BE LIABLE TO SUBSCRIBER FOR ANY INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND OR NATURE WHATSOEVER, INCLUDING WITHOUT LIMITATION, LOSS OF PROFITS OR OTHER ECONOMIC LOSS, EVEN IF MGT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. 8.2. LimitaƟon of Liability. IN NO EVENT SHALL MGT'S TOTAL AGGREGATE LIABILITY TO SUBSCRIBER FOR ANY CLAIMS OR DAMAGES ARISING OUT OF THIS AGREEMENT EXCEED THE TOTAL AMOUNT OF FEES RECEIVED BY OR DUE TO MGT DURING THE TWENTY-FOUR (24) MONTH PERIOD PRECEDING THE ALLEGED BREACH. 8.3. Waiver of Damages in Data Breach. IN NO EVENT SHALL MGT BE LIABLE TO SUBSCRIBER FOR ANY DAMAGES OF ANY TYPE, INCLUDING, WITHOUT LIMITATION, INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND OR NATURE WHATSOEVER. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Page 7 of 10 9. IndemnificaƟon. 9.1. MGT IndemnificaƟon. MGT shall defend, indemnify, and hold Subscriber and its affiliates and their respecƟve officers, directors, employees, and agents harmless from and against any third party claim, ac Ɵon, suit, or proceeding resulƟng from asserƟons that the MGT SoluƟon misappropriates or infringes the Intellectual Property Rights of a third party. MGT shall indemnify Subscriber for losses, damages, liabili Ɵes, and reasonable expenses and costs incurred by Subscriber in such claim, acƟon, suit, or proceeding. MGT shall be enƟtled, at its opƟon, to modify the MGT SoluƟon or obtain licenses necessary to resolve such third party infringement claims, provided that such modificaƟons do not materially degrade the performance of the MGT SoluƟon. If MGT determines that the foregoing is not commercially reasonable, then MGT shall be enƟtled to terminate this Agreement without further liability to Subscriber. The foregoing states the enƟre liability of MGT, and Subscriber's exclusive remedy, with respect to actual or alleged misappropriaƟon or infringement of third party Intellectual Property Rights by the MGT Solu Ɵon. 9.2. Subscriber IndemnificaƟon. Subject to the limitaƟons of the Oregon Tort Claims Act, Subscriber shall defend, indemnify, and hold MGT and its affiliates and their respec Ɵve officers, directors, employees, and agents harmless from and against any third party claim, acƟon, suit, or proceeding resulƟng from: (i) any injury to persons caused by Subscriber's failure to exercise reasonable care or Subscriber's willful misconduct; (ii) any breach of Subscriber's obligaƟons under this Agreement; (iii) Subscriber's or its Authorized Users' use of the MGT Solu Ɵon; (iv) MGT's use of the Subscriber Data and ContribuƟons in compliance with this Agreement; and (v) the acƟons and omissions of Authorized Users. Subscriber shall indemnify MGT for losses, damages, liabili Ɵes, and reasonable expenses and costs incurred by MGT in such claim, acƟon, suit or proceeding. 9.3. Procedure for IndemnificaƟon. The party seeking indemnificaƟon shall give the indemnifying Party reasonable wriƩen noƟce of any claim, acƟon, suit, or proceeding for which the indemnified Party is seeking indemnifica Ɵon; provided, however, that any failure to provide such noƟce shall not relieve the indemnifying Party of its obligaƟons under this SecƟon 9 (IndemnificaƟon) except to the extent that the indemnifying Party is materially prejudiced by such failure. In the event of a claim under this SecƟon 9 (IndemnificaƟon), the indemnified Party shall: (i) grant control of the defense and seƩlement to the indemnifying Party, provided, however, that the indemnifying Party shall not enter into any seƩlement that admits fault or liability of the indemnified Party without the indemnified Party's prior wriƩen consent; and (ii) reasonably cooperate with the indemnifying Party at the indemnifying Party's expense. The indemnified Party is en Ɵtled to parƟcipate in defense at its own expense with counsel of its choosing. 10. ConfidenƟality. ConfidenƟal InformaƟon under this Agreement shall consist of all non-public informaƟon disclosed by one Party (the "Disclosing Party") to the other Party (the "Receiving Party"), whether oral or in wriƟng (including electronic transmission): (i) that is designated as "ConfidenƟal" or "Proprietary" or similar marking by the Disclosing Party at the Ɵme of disclosure or within a reasonable period thereaŌer; (ii) that concerns the customers, finances, methods, research, processes, or procedures of the Disclosing Party or the Disclosing Party's customers, including governmental agencies; or (iii) that by the nature of the circumstances surrounding disclosure, or the informa Ɵon itself, should in good faith, or by law or regulaƟon, be treated as confidenƟal (collecƟvely, the "ConfidenƟal InformaƟon"). 10.1. Non-Disclosure; Standard. The Receiving Party shall retain the Disclosing Party's ConfidenƟal InformaƟon in strict confidence and shall not use such ConfidenƟal InformaƟon except for purposes permiƩed under this Agreement. The Disclosing Party shall be enƟtled to disclose ConfidenƟal InformaƟon on a need-to-know basis to its employees, agents, and contractors, who are authorized to access such informa Ɵon, provided that the same are bound by non- disclosure and confidenƟality obligaƟons no less protecƟve than those set out in this Agreement. The Receiving Party shall use at least the same degree of care in safeguarding the Disclosing Party's Confiden Ɵal InformaƟon as it uses in safeguarding its own confidenƟal informaƟon, but shall not use less than reasonable care and diligence. Except to the extent that a Party retains ongoing rights, and subject to Subscriber’s record reten Ɵon requirements, the Receiving Party shall return or destroy all ConfidenƟal InformaƟon of the Disclosing Party (including, but not limited to, all copies of the same) in its possession or control immediately upon the Disclosing Party's request. 10.2. ExcepƟons. The Receiving Party's obligaƟons with respect to the Disclosing Party's Confiden Ɵal InformaƟon shall not apply to ConfidenƟal InformaƟon that the Receiving Party can demonstrate: (i) is or becomes a maƩer of public knowledge through no fault of the Receiving Party; (ii) was or becomes available to the Receiving Party on a non- confidenƟal basis from a third party, provided that such third party is not bound by an obligaƟon of confidenƟality Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Page 8 of 10 to the Disclosing Party with respect to such ConfidenƟal InformaƟon; or (iii) was independently developed by the Receiving Party without reference to the ConfidenƟal InformaƟon. The Disclosing Party's obligaƟons under SecƟon 10.1 (Non-Disclosure; Standard) shall not apply to informaƟon that is required to be disclosed by law, provided that the Disclosing Party is promptly noƟfied by the Receiving Party in order to provide the Disclosing Party an opportunity to seek a protecƟve order or other relief. 11. Term and TerminaƟon. 11.1. Term. The Agreement shall commence as of the EffecƟve Date and, unless earlier terminated in accordance with SecƟon 11.2 (TerminaƟon), shall conƟnue for the duraƟon of iniƟal term specified in the Order Form (the "IniƟal Term"). Upon expiraƟon of the IniƟal Term, this Agreement shall conƟnue for the duraƟon of the renewal term(s) specified in the Order Form (each a "Renewal Term" and together with the IniƟal Term the ("Term")) unless one Party provides the other Party with wriƩen noƟce of its intent not to renew the Agreement (or any Schedule) at least thirty (30) days prior to the then-current Term. 11.2. TerminaƟon. 11.2.1. TerminaƟon for Convenience. MGT shall be enƟtled to terminate this Agreement for convenience by providing Subscriber with ninety (30) day’s wriƩen noƟce. 11.2.2. TerminaƟon for Cause; Suspension. Either Party shall be enƟtled to terminate this Agreement for material breach by the other, upon providing wriƩen noƟce to the other Party reasonably idenƟfying the breach and a thirty (30) day (or, in the case of nonpayment, ten (10) day) period to cure, commencing on such Party's receipt of this noƟce (the "Cure Period"). In the event the Party in breach does not cure the breach within the Cure Period to the reasonable saƟsfacƟon of the non-breaching Party, this Agreement shall automaƟcally terminate as of the last date of the Cure Period. Subscriber acknowledges and agrees that, in addiƟon to MGT's other rights hereunder, MGT may, in its sole discreƟon, immediately suspend or disable Subscriber's right and ability to access and use the MGT Solu Ɵon, without noƟce and without liability, if MGT reasonably believes that Subscriber has breached or failed to comply with any of the terms of this Agreement or for any other reason that MGT believes is causing risk, liability, loss, or damage to MGT, the MGT SoluƟon, any other users of the MGT SoluƟon, or any other third parƟes. In the event of a suspension of Subscriber's use of the MGT SoluƟon, Subscriber shall promptly cooperate with MGT in aƩempƟng to resolve the applicable issue. 11.2.3. Insolvency. Either Party shall be enƟtled to terminate this Agreement immediately upon wriƩen noƟce, if the other Party makes any assignment for the benefit of creditors, or a receiver, trustee in bankruptcy or similar officer is appointed to take charge of any or all of the other Party's property, or the other Party seeks protecƟon under any bankruptcy, receivership, trust deed, creditors arrangement, composiƟon or comparable proceeding or such a proceeding is insƟtuted against the other Party and is not dismissed within ninety (90) days, or the other Party becomes insolvent or, without a successor, dissolves, liquidates, or otherwise fails to operate in the ordinary course. 11.3. Effect of TerminaƟon or ExpiraƟon. 11.3.1. CessaƟon of Use of MGT SoluƟon; Certain Licenses. Upon terminaƟon or expiraƟon of this Agreement, Subscriber's (including its Authorized Users') rights to access and use the MGT Solu Ɵon shall immediately end and MGT shall have no further obligaƟon to provide the MGT SoluƟon or any services to Subscriber. 11.3.2. DestrucƟon of ConfidenƟal InformaƟon. Unless otherwise expressly permiƩed under this Agreement, promptly aŌer terminaƟon or expiraƟon of this Agreement, each Party shall (i) either (a) return the other Party's tangible ConfidenƟal InformaƟon, or (b) permanently destroy or irretrievably delete such ConfidenƟal InformaƟon from storage media; provided, that the foregoing shall not require any deleƟon where doing so would require an extraordinary effort and such informaƟon is (1) archived in the ordinary course, or (2) otherwise not readily accessible; and (ii) destroy all informa Ɵon, records, and materials developed from the other Party's Confiden Ɵal InformaƟon (collecƟvely, the "Derived InformaƟon"). Upon request, a Party shall cerƟfy in wriƟng to the destrucƟon of such ConfidenƟal InformaƟon and Derived InformaƟon. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Page 9 of 10 11.3.3. No Effect on Prior ObligaƟons. Any terminaƟon or expiraƟon of this Agreement shall not affect any obligaƟon which accrued prior to such terminaƟon or expiraƟon, and Subscriber shall remit to MGT all amounts due and payable (including, if terminated for Subscriber's breach, any court costs, a Ʃorneys' fees, and out-of-pocket expenses incurred by MGT in connecƟon with Subscriber's breach) within thirty (30) days aŌer the effecƟve date of terminaƟon or expiraƟon. 12. General. 12.1. Governing Law; Exclusive JurisdicƟon. This Agreement shall be governed and construed in all respects in accordance with the laws of the State of Oregon without regard to any conflict of laws principles. The exclusive venue and jurisdicƟon for any acƟon or proceeding arising out of this Agreement shall be the courts located in the judicial district that includes Tigard, Oregon. The Par Ɵes accept the personal jurisdic Ɵon of such courts. 12.2. Assignment. This Agreement is not assignable by Subscriber without MGT's prior wri Ʃen consent. MGT reserves the right to assign the rights and obligaƟons under this Agreement for any reason and in MGT's sole discre Ɵon. The ParƟes' rights, duƟes, and obligaƟons shall bind and inure to the benefit of their respecƟve successors and permiƩed assigns. 12.3. United States Government License Rights; Restricted Rights. This SecƟon 12.3 (United States Government License Rights; Restricted Rights) applies if Subscriber is a United States government en Ɵty or if Subscriber is licensing the MGT SoluƟon on behalf of, or for the benefit of, a United States government en Ɵty. The MGT SoluƟon (and its components) are commercial computer soŌware developed at private expense and are provided with RESTRICTED RIGHTS to the United States government. Use, duplicaƟon, or disclosure of the MGT SoluƟon by the United States government is subject to the license terms of this Agreement, and, to the extent applicable, FAR 12.212, DFAR 227.7202-1(a), DFAR 227.7202-3(a) and DFAR 227.7202-4 and, to the extent required under United States federal law, the minimum restricted rights as set out in FAR 52.227-19 (DEC 2007). If FAR 52.227-19 is applicable, this provision serves as noƟce under clause (c) thereof and no other noƟce is required to be affixed to the MGT SoluƟon. The United States government's rights in the MGT SoluƟon shall be only those set forth in this Agreement. 12.4. Force Majeure. Neither Party shall be liable hereunder by reason of any failure or delay in the performance of its obligaƟons due to any other cause which is beyond its reasonable control, including, by way of example, strikes, shortages, riots, insurrecƟon, fires, flood, storm, explosions, acts of God, terrorism, war, governmental ac Ɵon, earthquakes, pandemics and other public health emergencies. 12.5. Independent Contractors. The ParƟes are independent contractors, and no agency, partnership, joint venture, or employer-employee relaƟonship is intended or created by this Agreement. Neither Party shall have the power to obligate or bind the other Party. 12.6. Severability; Waiver; Headings. Any provision of this Agreement determined to be unenforceable or invalid by applicable law or court decision shall not render this Agreement unenforceable or invalid as a whole and, in such event, such provision shall be changed and interpreted so as to best accomplish its objec Ɵves within the limits of applicable law or court decision. A Party's failure to require the other Party's performance of any obliga Ɵon herein shall not affect the full right to require such performance at any Ɵme thereaŌer. A Party's waiver of the other Party's breach of any obligaƟon under this Agreement shall not be taken or held to be a waiver of the obliga Ɵon itself or of any past or subsequent breaches of the same obligaƟon. Headings used in this Agreement are for reference purposes only and in no way define, limit, construe, or describe the scope or extent of such sec Ɵon or in any way affect this Agreement. 12.7. EnƟre Agreement. This Agreement and the Other Agreements (which are incorporated into this Agreement for all purposes) set forth the enƟre understanding and agreement of the ParƟes and supersedes any and all oral or wriƩen agreements or understandings between the ParƟes as to the subject maƩer of this Agreement. In the event of a conflict or inconsistency between this Agreement and the Other Agreements, this Agreement shall control and such conflict or inconsistency shall be resolved in favor of this Agreement. Neither Party is relying on any warran Ɵes, representaƟons, assurances, or inducements not expressly set forth herein. This Agreement may be changed only by a wriƟng signed by both ParƟes. 12.8. Counterparts; Electronic Signature. This Agreement may be signed in counterparts, each of which will be considered an original and all such counterparts will be considered and consƟtute one and the same Agreement. This Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7 Page 10 of 10 Agreement may be delivered by facsimile transmission, by electronic mail, or by other electronic transmission, in portable document format (.pdf), or other electronic or facsimile format, and each such executed facsimile, .pdf, or other electronic record shall be considered an original executed counterpart for purposes of this Agreement. Each party to this Agreement (i) agrees that it will be bound by its own Electronic Signature (as such term is defined immediately below), (ii) accepts the Electronic Signature of each other party to this Agreement, and (iii) agrees that such Electronic Signatures shall be the legal equivalent of manual signatures. The term "Electronic Signature" means (a) the signing party's manual signature on a signature page, converted by the signing party to facsimile or digital form (such as a .pdf file) and received from the signing party's customary email address, customary facsimile number, or other mutually agreed-upon authenƟcated source; or (b) the signing party's digital signature executed using a mutually agreed-upon digital signature service provider and digital signature process. 12.9. Survival. In addiƟon to any other right or obligaƟon that by its nature is intended to survive any terminaƟon or expiraƟon, the following SecƟons shall survive any terminaƟon or expiraƟon of this Agreement: SecƟon 2.5 (No Implied Rights); SecƟon 3.2 (ContribuƟons); SecƟon 4 (Ownership); SecƟon 7.3 (Subscriber's RepresentaƟons and WarranƟes); SecƟon 7.4 (Warranty Disclaimer); SecƟon 8 (LimitaƟons on Remedies); SecƟon 9.2 (Subscriber IndemnificaƟon); SecƟon 10 (ConfidenƟality); SecƟon 11.3 (Effect of TerminaƟon or ExpiraƟon); and SecƟon 12 (General). 12.10. NoƟce. Any noƟces required or permiƩed herein shall be given to the appropriate Party at the address specified on the Order Form or above or at such other address as the Party specifies in wri Ɵng. Such noƟce shall be deemed given: (i) upon personal delivery; (ii) if sent by facsimile or electronic mail, upon confirmaƟon of receipt; or (iii) if sent by cerƟfied or registered mail, postage prepaid, five (5) days a Ōer the date of mailing. 12.11. Remedies. Except as expressly stated herein, no remedy conferred by any of the provisions of this Agreement is intended to be exclusive of any other remedy, and each remedy is cumulaƟve and in addiƟon to every other remedy available to a Party hereunder or otherwise exisƟng at law, in equity, by statute, or otherwise. The elecƟon of any one or more remedies by either Party shall not consƟtute a waiver of the right to pursue any other available remedies. Docusign Envelope ID: E7A3B180-C8BE-4567-BEF7-793E4EC243F7