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HomeMy WebLinkAbout239-17 RESOLUTION113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 239-17 File Number: 2017-0614 PAYMENTUS CORPORATION: A RESOLUTION TO APPROVE A CONTRACT WITH PAYMENTUS CORPORATION IN THE AMOUNT OF $5,000.00 EXPANDING THE SCOPE OF SERVICES TO ADD A FIELD DISPLAYING CUSTOMER PAST DUE BALANCES IN THE ONLINE UTILITY BILLING SYSTEM BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a contract with Paymentus Corporation in the amount of $5,00.00 expanding the scope of services to add a field displaying customer past due balance in the online utility billing system. PASSED and APPROVED on 11/21/2017 Attest: Sondra E. Smith, City Clerk Treasurer X. p �T R ���s.6 Safi 0 IN G Page 1 Printed on 11/27/17 r, City of Fayetteville, Arkansas 113 West Mountain Street Fayetteville, AR 72701 4 f �rj}E ;sir (479) 575-8323 Text File File Number: 2017-0614 Agenda Date: 11/21/2017 Version: 1 Status: Passed In Control: City Council Meeting File Type: Resolution Agenda Number: A. 2 PAYMENTUS CORPORATION: A RESOLUTION TO APPROVE A CONTRACT WITH PAYMENTUS CORPORATION IN THE AMOUNT OF $5,000.00 EXPANDING THE SCOPE OF SERVICES TO ADD A FIELD DISPLAYING CUSTOMER PAST DUE BALANCES IN THE ONLINE UTILITY BILLING SYSTEM BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a contract with Paymentus Corporation in the amount of $5,00.00 expanding the scope of services to add a field displaying customer past due balance in the online utility billing system. City of Fayetteville, Arkansas Page 1 Printed on 1112712017 City of Fayetteville Staff Review Form 2017-0614 Legistar File ID 11/21/2017 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item Keith Macedo 10/31/2017 Information Technology/ Chief of Staff Submitted By Submitted Date Division / Department Action Recommendation: Request approval of the attached statement of work, with Paymentus Corporation, to configure the City's online utility billing payment website to display customer account past due balances, for a one-time fee of $5,000.00. Budget Impact: 5400.720.1840-5416.00 Water and Sewer Account Number Fund 15019.1 15019 -Utilities Technology Improvements Project Number Budgeted Item? Yes Does item have a cost? Yes Budget Adjustment Attached? NA Current Budget Funds Obligated Current Balance Item Cost Budget Adjustment Project Title $ 52,000.00 C52,000.00 $ 5,000.00 Remaining Budget $ 47,000.00 V20140710 Previous Ordinance or Resolution # 133-15 Original Contract Number: Comments: Approval Date: CITY OF FAYETTEVILLE ARKANSAS CITY COUNCIL MEMO TO: Mayor Lioneld Jordan and City Council THRU: Don Marr, Chief of Staff FROM: Keith Macedo, Director of Information Technology DATE: October 31, 2017 SUBJECT: Request approval of the attached statement of work, with Paymentus Corporation, to configure the City's online utility billing payment website to display customer account past due balances. RECOMMENDATION: Request approval of the attached statement of work, with Paymentus Corporation, to configure the City's online utility billing payment website to display customer account past due balances, for a one-time fee of $5,000.00. BACKGROUND: The City has utilized Paymentus Corporation since 2002 to provide Utility Billing online payment services via credit card, e -check, and Interactive Voice Response (IVR). The City upgraded the legacy New World AS400 Utility Billing software to Tyler's New World ERP .Net version in June of this year. The new version of the software included an application program interface that allowed for additional account information to be transferred between the New World Utility Billing software and Paymentus. City Council approved a master services agreement with Paymentus on August 4, 2015, per resolution 133-15, to provide online payment and IVR services. DISCUSSION: The attached statement of work (SOW) approves Paymentus to program our Utility Billing online payment system to include the "past due balance" on all utility accounts. The SOW details the programming and testing of the change to ensure we accurately display the past due balance. Recently several utility customers have contacted staff and requested that we clearly display the past due balance on the online payment system. Staff recommends approving the addition of the past due balance information to our utility online payment system in the amount of $5,000.00. BUDGET/STAFF IMPACT: Funding is available within the Utilities Technology Improvements project, within our water and sewer fund, to pay for the past due balance programming. This is a one-time expenditure which will not affect future operational or maintenance cost Attachments: Staff review form, staff review memo, Paymentus statement of work, Resolution 133-15 Mailing Address: 113 W. Mountain Street www.fayetteville-ar.gov Fayetteville, AR 72701 Paymentus October 20, 2017 Paymentus Corporation 13024 Ballantyne Corporate Place, Suite 450 Charlotte, NC 28277 Statement of Work To: Fayetteville AR c/o Keith Macedo 113 West Mountain Street Fayetteville AR 72701 Project Description: Fayetteville (AR) has requested that Paymentus develop, configure and implement all Paymentus payment channels to reflect the Past Due balance, which is to be included within both the CIF and Real Time API from New World platform. Item I Detail I Fee Amount API & CIF Update to include "Past Due Balance" Total Due All Paymentus payment channels $5,000.00 shall now display a field "Past Due Balance", which is to be passed by CIF and API to Paymentus. Customer Authorized Representative (Signatu Customer Name/Title (Printed): Date: R -Aa - I $5,000.00 RESOLUTION NO. 133-15 A RESOLUTION TO APPROVE A TWO (2) YEAR MASTER SERVICES AGREEMENT WITH PAYMENTUS CORPORATION TO UPGRADE THE CITY'S ELECTRONIC UTILITY BILL PAYMENT SERVICES FOR AN INITIAL SETUP FEE OF $15,000.00 AND AN ESTIMATED COST OF $35,000.00 PER YEAR BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a two (2) year Master Services Agreement with Paymentus Corporation to upgrade the City's electronic utility bill payment services for an initial setup fee of $15,000.00 and estimated costs of $35,000.00 per year based on the service fee schedule attached as Schedule A to the Agreement. PASSED and APPROVED this 4' day of August, 2015. APPROVED:A ATTEST: By: Mayor SONDRA E. SMITH, City Clerk Treasurer r'.S'r�fi ��� • C,\I Y Q,fi ' & '. by FAYETTEVILLE r f� I,� r NN% Orli �, City of Fayetteville, Arkansas i "= Text File File Number: 2015-0338 Agenda Date: 8/4/2015 Version: 1 In Control: City Council Meeting Agenda Number: A. 8 PAYMENTUS AGREEMENT 113 West Mountain Street Fayetteville, AR 72701 (479)575-8323 Status: Agenda Ready File Type: Resolution A RESOLUTION TO APPROVE A TWO (2) YEAR MASTER SERVICES AGREEMENT WITH PAYMENTUS CORPORATION TO UPGRADE THE CITY'S ELECTRONIC UTILITY BILL PAYMENT SERVICES FOR AN INITIAL SETUP FEE OF $15,000.00 AND AN ESTIMATED COST OF $35,000.00 PER YEAR BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a two (2) year Master Services Agreement with Paymentus Corporation to upgrade the City's electronic utility bill payment services for an initial setup fee of $15,000.00 and estimated costs of $35,000.00 per year based on the service fee schedule attached as Schedule A to the Agreement. City of Fayetteville, Arkansas Page 1 Printed on 713012015 Cheryl Partain Submitted By City of Fayetteville Staff Review Form 20150338 legistar File ID 8/4/2015 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item 7/20/2015 Billing & Collections / _ Finance & Internal Services Department Submitted Date Division / Department Action Recommendation: The Fayetteville City Administration recommends approval of a two (2) year service agreement to upgrade our current Paymentus onsite Utility Billing internet and interactive voice recognition (IVR) system to Paymentus' hosted solution and credit card payment processing and approval of payment to Paymentus of $15,000.00 for a time set up fee. Budget Impact: 5400.1840.5314.00 / Water/Sewer 5400.1810.5320.02 Account Number Fund Business Office Technology Improvements / 13016.1 / XXXXX Credit Card Service Charges Project Number Project Title Budgeted Item? Yes Current Budget $ 45,000.00 Funds Obligated $ - Current Balance $ 45,000,00 Does item have a cost? Yes Item Cost $ 15,000.00 Budget Adjustment Attached? No Budget Adjustment $ - Remaining Budget S 30,000-00 V20140710 Previous Ordinance or Resolution # Original Contract Number: Approval Date: Comments: CITY OF FayT. NSAS MEETING OF AUGUST 4, 2015 TO: Mayor Jordan and City Council THRU: Don Marr, Chief of Staff Paul Becker, Chief Financial Officer CITY COUNCIL AGENDA MEMO FROM: Cheryl Partain, Utilities Financial Services Manager DATE: July 20, 2015 SUBJECT: Resolution approving a service agreement with Paymentus to upgrade our existing Utility Billing online and Interactive Voice Response (IVR) payment system. RECOMMENDATION: The Fayetteville City Administration recommends approval of a two (2) year service agreement to upgrade our current Paymentus onsite Utility Billing internet and phone interactive voice recognition (IVR) system to Paymentus' hosted solution. The City has utilized Paymentus since 2002 to provide Utility Billing online payment services via credit card, e -check, and IVR. BACKGROUND: Due to the age of our current Paymentus equipment, and recent changes with Payment Card Industry (PCI) requirements, staff recommends upgrading to Paymentus latest solution to improve our Utility Billing online payment security and functionality. In addition to improved security Paymentus' new solution also provides a mobile device friendly interface that will improve customers' ability to make Utility Billing payments from a mobile device. Staff is recommending approval of this is an extension to our existing agreement with Paymentus software and state purchasing laws do not require us to competitively bid software upgrades. DISCUSSION: We have utilized Paymentus, formerly called Teleworks, as our Utility Billing internet and IVR payment processor since the inception of the City accepting online payments in in 2002. Since 2002 we have utilized Paymentus onsite solution, which consists of server and related hardware installed at the City of Fayetteville. The system was upgraded in 2007, at a cost of $18,300.00, in order to keep up with changing technology. Paymentus no longer offers an onsite solution and now provides a hosted solution where all hardware is located at their datacenter. As part of Paymentus' new solution, they will also serve as our payment processor, which will simplify our online payment reconciliation process. The city will no longer be charged future upgrade fees, all processing costs and future upgrade fees are included within Paymentus transaction based fee structure. BUDGETISTAFF IMPACT: Water/Sewer budget will absorb additional credit cardle-check processing fees for the remainder of 2015. Total additional credit card fees for the upgrade will have a yearly water/sewer operational budget impact of approximately $50,000.00, based on 121,000 annual transactions. The City will no longer pay an annual server maintenance fee of $14,750.00, Mailing Address: 113 W. Mountain Street www.fayetteville-ar.gov Fayetteville, AR 72701 which is budgeted in the general fund. Total budget impact for the City will be approximately $35,000.00 per year. The additional fees will be requested in the future operational budget process. As part of the upgrade from an onsite to a hosted solution Paymentus is charging the city a onetime $15,000.00 setup fee which will be paid out of the Business Office Technology Improvement project. ATTACHMENTS: Staff Review Form Service Agreement Purchase Order Request City Fayetteville - Purchase Order Request(PO) Requisition o.: DaW of 712012015 (Not a Purchase Order) P.O Number. All PO Requests shall be scanned to the Purchasing a=mall: Purchasing@hyettavillear.gov. Purchase shell not be made until an actual PO has been Issued. Vendor 25803 Vendor Paymentus Corporation Mall r Yes r No LegistarM #. Name: 2015-0338 FOB Point: axa e Address: 13024 Ballantyne Corp. Place Suite 450 r- Yes W No Expected Delivery Dale: zip Code:Ship [o code: Quotas Attached City: Charlotte Slate: NC 28277 Fa r Yes r- No Requester's Employee#: Extension: Requester. Cheryl Parteln 2648 8224 Item Description Quanlityl Unit of Issue Unit Cost Extended Cost Account Number Project Sub# Inventory # Fixed Asset # Intael aaWp rea releLed to tits Initial ee [up and 1 parsonallzatlan of Web Page for Web and NR 1 FA 15,000.00 $15,000.00 5400.1840.5314.00 13016.1 Interlaces for Utility Web Payments. 2 $0.00 3 $0.00 4 $0.00 5 $0.00 6 $0.00 7 $0.00 g $0.00 g $0.00 10 $0.00 ShlppinglHandling Lot $0.00 Special instructions, - ;Subtotal: $15,000.00 Tax: $0.00 'Total'. 515,004.00 Approvals: IVlayor: Department Director: Purchasing Manager: Chief Financial Officer: Budget Director: IT Director_ Dispatch Monger. Utilities Manager: 011 MASTER SERVICES AGREEMENT City: City Address: Contact for Notices to City Estimated Yearly Bills / Invoices: City of Fayetteville, Arkansas 113 West Mountain, Fayetteville, AR 72701 Keith Macedo 504,000 This Master Services Agreement ("Master Agreement") is entered into as of the Effective Date below, by and between the City of Fayetteville ("City") identified above and Paymentus Corporation, a Delaware Corporation ("Paymentus"). WHEREAS Paymentus desires to provide and the City desires to receive certain services under the terms and conditions set forth in this Agreement. Paymentus provides electronic bill payment services to utilities, municipalities, insurance and other businesses. NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth, the receipt and sufficiency of which are hereby acknowledged, the parties, intending to be legally bound, hereby covenant and agree as follows. This Agreement consists of this signature page, General Terms and Conditions, and the attachments ("Attachments") with schedules ("Schedules") listed below: Schedule A: Paymentus Service Fee Schedule This Agreement represents the entire understanding between the parties hereto with respect to its subject matter and supersedes all other written or oral agreements heretofore made by or on behalf of Paymentus or City with respect to the subject matter hereof and may be changed only by agreements in writing signed by the authorized representatives of the parties. IN WITNESS W representatives. City: By� Name: Title: Date: EOF, the parties have caused this Agreement to be executed by their duly authorized Paymentus: "'�-- By: 4 -- Name: J rrV E'prtocalis Title: S .nior Vi . _ Presiden Date: July 16, 2015 Master Services Agreement — Absorbed Page 1 of 7 Confidential & Proprietary 100205 Paymentus GENERAL TERMS AND CONDITIONS Definitions: For the purposes of this Agreement, the following terms and words shall have the meaning ascribed to them, unless the context clearly indicates otherwise. 1.1 "Agreement " or "Contract" shall refer to this Agreement, as amended from time to time, which shall constitute an authorization for the term of this contract for Paymentus to be the exclusive provider of services, stated herein, to the City 1.2 "User" shall mean the users of the City's services 1.3 "Effective Date" shall be the last date upon which the parties signed this Agreement. The Agreement will not be effective against any party until the said date 1.4 "Launch Date" shall be the date on which City launches this service to the Users 1.5 "Payment" shall mean Users to make payments for City's services or City's bills 1.6 "Payment Amount' shall mean the bill amount User wants to pay to the City. 1.7 "Services" shall include the performance of the Services outlined in section 2 of this Agreement 1.8 "Paymentus Authorized Processor" shall mean a Paymentus authorized merchant account provider and payment processing gateway 1.9 "Average Bill Amount" shall mean the total amount of Payments collected through Paymentus system in a given month divided by the number of the Payments for the same month. Description of Services to be performed 2.1 Scope of Services Paymentus shall provide Users the opportunity to make Payments by Visa, MasterCard, Discover, E -check and other payment methods as deemed necessary by Paymentus. Payments may be made by Interactive Telephone Voice Response Master Services Agreement — Absorbed Confidential & Proprietary System ("IVR") or secure Internet interface provided at the Paymentus Corporation's web site or other websites part of Paymentus' Instant Payment Network ("WebSites"), collectively referred to as the ("System"). 2.2 Professionalism Paymentus shall perform in a professional manner all Services required to be performed under this Agreement. Compensation 3.1 No Cost Installation Paymentus will charge an initial setup fee of $15,000 related to the initial setup and personalization of its standard service for both Web and IVR interfaces. 3.2 Paymentus Service Fee For each payment, Paymentus will charge a Paymentus Service Fee as per Schedule A (hereinafter called "Paymentus Service Fee"). For each payment, the Paymentus Service Fee collected will be used to pay the corresponding Credit Card transaction fees or transaction fees associated with Debit Cards or eChecks (hereinafter called "Transaction Fees") except for the return items (eCheck returns or Credit/Debit Card chargebacks). A schedule of Paymentus Service Fee is attached hereto as Schedule A. The Paymentus Service Fee is based on the Average Bill Amount, current payment method mix (credit vs debit vs e - check) and on the assumption that the total number of payments and the total Payment Amount collected each month from the use of non -consumer cards shall be under 5% of the total per month ("Fee Assumptions"). City shall be billed an additional Paymentus Service Fees based on the rate of 3.5% of the Payment Amount for any excess amount if the Fee Assumptions vary by more than 5%. Paymentus can amend this schedule upon prior written notice to the City, if such change is required due to changes in the Visa and MasterCard regulations or changes in Credit Card fees or changes in the Average Bill Amount or changes in Fee Assumptions. Page 2 of 7 100205 Paymentus Payment Processing 4.1 Integration with City's Billing System At no cost to City, Paymentus will develop one (1) file format interface with City's billing system using City's existing text file format currently used to post payments to City's billing system. City will be responsible to provide Paymentus with the one file format specification and will fully cooperate with Paymentus during the development of the said interface. If City chooses to create an automated file integration process to download the posting file, due to Paymentus security requirements, City will use Paymentus specified integration process. 4.2 Explicit User Confirmation Paymentus shall confirm the dollar amount of all Payments and the corresponding Paymentus Service Fee to be charged to a Card and electronically obtain the User approval of such charges prior to initiating Card authorizations transaction. Paymentus will provide User with electronic confirmation of all transactions. 4.3 Merchant Account Paymentus will arrange for the City to have a merchant account with the Paymentus Authorized Processor for processing and settlement of the credit card transactions. 4.4 Card Authorization For authorization purposes, Paymentus will electronically transmit all Card transactions to the appropriate Card -processing center, in real time as the transactions occur. 4.5 Settlement Paymentus together with its authorized Card processor shall forward the payment transactions and corresponding Paymentus Service Fee to the appropriate card organizations for settlement directly to the City's depository bank account previously designated by the City (hereinafter the "City Bank Account"). Paymentus will debit the Paymentus Service Fees from City's account on a monthly basis. Paymentus together with Paymentus Authorized Processor will continuously review its settlement and direct debit processes for its simplicity and efficiencies. City and Paymentus agree to fully co - Master Services Agreement — Absorbed Confidential & Proprietary operate with each other if Paymentus were to change its settlement and invoicing processes. General Conditions of Services 5.1 Service Reports Paymentus shall provide City with reports summarizing use of the Services by Users for a given reporting period. 5.2 User Adoption Communication by City City will make Paymentus' Services available to its residential and commercial Citys by different means of City communication including a) through bills, invoices and other notices; b) by providing IVR and Web payment details on the City's website including a "Pay Now" or similar link on a mutually agreed prominent place on the web site; c) through City's general IVR/Phone system; and d) other channels deemed appropriate by the City. Paymentus shall provide City with logos, graphics and other marketing materials for City's use in its communications with its users regarding the Services and/or Paymentus. Both parties agree that Paymentus will be presented as a payment method option. City will communicate Paymentus option to its end residential and commercial Citys wherever City usually communicates its other payment methods. 5.3 Independent Contractor City and Paymentus agree and understand that the relationship between both parties is that of an independent contractor. 5.4 City's Responsibilities In order for Paymentus to provide Services outlined in this Agreement, the City shall co-operate with Paymentus by: (i) City will enter into all applicable merchant Card or cash management agreements. (ii) For the duration of this Agreement, City will keep a bill payment link connecting to Paymentus System at a prominent and mutually agreed location on the City website. The phone number for the IVR payment will also be added to the web site. City will also add the IVR payment option as part of the City's general phone system. Page 3 of 7 100205 Paymentus (iii) User Adoption marketing as described in 5.2. (iv) Within 30 days of the merchant account setup, City will launch the service to the Users. (v) For the purpose of providing City a posting file for posting to City's billing system, City will provide the file format specification currently used to post its payments to the billing system. City will fully cooperate with Paymentus and provide the information required to integrate with City's billing system. Governin4 Laws This Agreement shall be governed by the laws of the state of Arkansas and jurisdiction and venue to resolve any disputes shall be in the Circuit Court of Washington County, Arkansas. Communications 7.1 Authorized Representative Each party shall designate an individual to act as a representative for the respective party, with the authority to transmit instructions and receive information. The parties may from time to time designate other individuals or change the individuals. 7.2 Notices All notices of any type hereunder shall be in writing and shall be given by Certified Mail or by a national courier or by hand delivery to an individual authorized to receive mail for the below listed individuals, all to the following individuals at the following locations: To City C/O: Keith Macedo Address: 113 West Mountain, Fayetteville, AR 72701 Phone:479-575-8320 Fax: 479-718-7668 To Paymentus C/O: President and CEO Address: 13024 Ballantyne Corporate Place Suite 450 Charlotte, NC 28277 Phone: 980-255-3000 Fax: 704-322-3776 Master Services Agreement — Absorbed Confidential & Proprietary Notices shall be declared to have been given or received on the date the notice is physically received.. Any party hereto by giving notice in the manner set forth herein may unilaterally change the name of the person to whom notice is to be given or the address at which the notice is to be received. 7.3 Interpretation It is the intent of the parties that no portion of this Agreement shall be interpreted more harshly against either of the parties as the drafter. 7.4 Amendment of Agreement Modifications or changes in this Agreement must be in writing and executed by the parties bound to this Agreement. 7.5 Severability If a word, sentence or paragraph herein shall be declared illegal, unenforceable, or unconstitutional, the said word, sentence or paragraph shall be severed from this Agreement, and this Agreement shall be read as if said word, sentence or paragraph did not exist. 7.6 Attorney's Fees Should any litigation arise concerning this Agreement between the parties hereto, the parties agree that Arkansas law shall determine whether attorney's fees should be awarded to either party.. 7.7 Confidentiality With the exception of information required to be disclosed pursuant to the Arkansas Freedom of Information Act: (i) City will not disclose to any third party or use for any purpose inconsistent with this Agreement any confidential or proprietary non-public information it obtains during the term of this Agreement about Paymentus' business, operations, financial condition, technology, systems, know-how, products, services, suppliers, City's, marketing data, plans, and models, and personnel. (ii) Paymentus will not disclose to any third party or use for any purpose inconsistent with this Agreement any confidential User information it receives in connection with its performance of the services. Page 4 of 7 100205 Paymentus agrees and understands that this Agreement and documents submitted to the City or Paymentus pursuant hereto or prepared while performing City contractual work are subject to the Arkansas Freedom of Information Act. If a Freedom of Information Act request is presented to the City or or Paymentus requesting such documents, Paymentus will do everything possible to provide the documents in a prompt and timely manner as prescribed in the Arkansas Freedom of Information Act (A.C.A. §25-19-101 et seq.). Only legally authorized photocopying costs may be assessed for this compliance. 7.8 Intellectual Property In order that the City may promote the Services and Paymentus' role in providing the Services, Paymentus grants to City a revocable, non-exclusive, royalty -free, license to use Paymentus' logo and other service marks (the "Paymentus Marks") for such purpose only. City does not have any right, title, license or interest, express or implied in and to any object code, software, hardware, trademarks, service mark, trade name, formula, system, know-how, telephone number, telephone line, domain name, URL, copyright image, text, script (including, without limitation, any script used by Paymentus on the IVR or the WebSite) or other intellectual property right of Paymentus ("Paymentus Intellectual Property"). All Paymentus Marks, Paymentus Intellectual Property, and the System and all rights therein (other than rights expressly granted herein) and goodwill pertain thereto belong exclusively to Paymentus. 7.9 Force Majeure Paymentus will be excused from performing the Services as contemplated by this Agreement to the extent its performance is delayed, impaired or rendered impossible by acts of God or other events that are beyond Paymentus' reasonable control and without its fault or judgment, including without limitation, natural disasters, war, terrorist acts, riots, acts of a governmental entity (in a sovereign or contractual capacity), fire, storms, quarantine restrictions, floods, explosions, labor strikes, labor walk -outs, extra -ordinary losses utilities (including telecommunications services), external computer "hacker" attacks, and/or delays of common carrier, except that Paymentus shall always be responsible for remitting to the City any funds belonging to the City that Paymentus has received through the use of its services. Master Services Agreement — Absorbed Confidential & Proprietary 7.10 Time of the Essence Paymentus and City acknowledge and agree that time is of the essence for the completion of the Services to be performed and each parties respective obligations under this Agreement. Indemnification 8.1 Paymentus Indemnification and Hold Harmless Paymentus agrees to the fullest extent permitted by law, to indemnify and hold harmless the City and its governing officials, agents, employees, and attorneys (collectively, the "City Indemnitees") from and against all liabilities, demands, losses, damages, costs or expenses (including reasonable attorney's fees and costs), incurred by any City Indemnitee as a result or arising out of (i) the willful misconduct or negligence of Paymentus in performing the Services or (ii) a material breach by Paymentus of its covenants. 8.2 Warranty Disclaimer Except as expressly set forth in this Agreement, Paymentus disclaims all other representations or warranties, express or implied, made to the City or any other person, including without limitation, any warranties regarding quality, suitability, merchantability, fitness, for a particular purpose or otherwise of any services or any good provided incidental to the Services provided under this Agreement. 8.3 Limitation of Liability Notwithstanding the foregoing, the parties agree that neither party shall be liable to the other for any lost profits, lost savings or other special, indirect or consequential damages, even if the party has been advised of or could have foreseen the possibility of such damages. Paymentus' total liability for damages for any and all actions associated with this Agreement or the Services shall in no event exceed the specific dollar amount of the Paymentus Service Fee paid to Paymentus for the particular payment transaction which is the subject matter of the claim of damage. The preceding limitation shall not apply to the Payment Amount collected through this service. Page 5 of 7 100205 Paymentus Term and Termination 9.1 Term The term of this Agreement shall commence on the effective date of this Agreement and continue for a period of 2 (two) years ("Initial Term") from the Launch Date. Services under this Agreement shall begin within 30 days of the merchant account setup. At the end of the Initial Term, this Agreement will automatically renew for successive three (3) year periods unless either City or Paymentus provide the other party with not less than 1 (one) month prior written notice before such automatic renewal date that such party elects not to automatically renew the term of this Agreement. Master Services Agreement— Absorbed Confidential & Proprietary 9.2 Material Breach A material breach of this Agreement shall be cured within 90 (ninety) days ("Cure Period") after a party notifies the other of such breach. In the event, such material breach has not been cured within the Cure Period, the non -breaching party can terminate this Agreement by providing the other party with a 30 (thirty) days notice. 9.3 Upon Termination Upon termination of this Agreement, the parties agree to cooperate with one another to ensure that all Payments are accounted for and all refundable transactions have been completed. Upon termination, Paymentus shall cease all Services being provided hereunder unless otherwise directed by the City in writing. Page 6 of 7 100205 Paymentus Schedule A — Paymentus Service Fee Schedule Paymentus Service Fee charged to the City will be based on the following model: Absorbed Fee Model D Absorbed Model I Average Bill Amount: $ 66.00 %j Paymentus Service Fee per qualified utility rate transaction • Credit/Debit Card $ 1.41 (Visa, MasterCard , Discover utility Program Rate) • ACH/ eCheck $ 1.00 Note: Maximum Amount per Payment is $500.00. Multiple payments can be made. One Time Set up Fee of $15,000.00. Chargebacks will be billed at $9,95 per chargeback. Outbound notifications include 40,000 outbound calls and 40,000 text / email messages annually; additional usage is invoiced at $0.12 per call and $0.05 per text/email. Paymentus may apply different limits per transactions for user adoption or to mitigate risks only upon written approval by the City. Master Services Agreement — Absorbed Page 7 of 7 Confidential & Proprietary 100205