Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Use of State Contract(s) M4002 NASPO ValuePoint Cloud Solutions #20-TELE-01322 Purpose: Provide use of State authorized vendor to obtain and purchase cloud solutions. Entity Name: IBM Corporation Address: 1 New Orchard Road, Armonk, New York 10504 Contract Amount: Not to Exceed $150,000.00 Funding Source: 2024 Budget/Office of Information Technology NW011-030-0306-71450-B2024 Contract Period: Upon approval by the Municipal Council, through September 15, 2026, inclusive of any extensions by the State. Contract Basis: ( ) Bid ( X ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: This State Contract will provide cloud solutions for the Office of Information Technology.