Contract Information Class 1 | |
| Reference Number | DVCE-SONIA-01 |
| Amount Payable | Greater than $150,000.00 Estimated amount over the contract period is $536,844.17. This is dependent on the number of licences provided based on number of student records. |
| Effective Date | 01/01/2025 |
| Completion Date | 31/12/2027 |
| Name and business address of the contractor |
Lumivero - Floor 9, 276 Flinders Street MELBOURNE VIC 3000 Australia
|
| Particulars of the project to be undertaken, the goods or services to be provided or real property to be leased/transferred | Centrally Administered Software as a Service Educational Product for Student Placement |
| Details of any related body corporate or private sector entity who will be involved in carrying out any of the contractor’s obligations or receive a benefit. | |
| Are there any provisions under which the amount payable may be varied? | Yes |
| Amount Payable Variation Clauses | In accordance with clause 3.1 & 7.1 of the Master License and Software Agreement |
| Can the contract be renegotiated? | Yes |
| Renegotiation Clauses | In accordance with clause 7.1 of the Master License and Software Agreement |
| Did the contract involve a tender process? | No |
| Description of any provisions under which the contractor is to receive payment for providing operational or maintenance services | |
Contract Information Class 2 | |
| Is there a transfer of significant assets to the State? | No |
| Is there a transfer of significant assets to the contractor? | No |
| Has any cost-benefit analysis been undertaken by UOW? | No |
| Was a public sector comparator used? | No |
| Did the contractor provide a base case financial model? | No |
| If relevant, provide details of how risk is to be apportioned between the parties. | N/A |
| Have there been any significant guarantees or undertakings between the parties? | No |
| Other Key Elements | N/A |