Our current AS400 TERMS applications are over 26 years old and do not provide our district agile access to financial and HR information or our district a district-wide gradebook and parent portal. This capital project with CrossPointe.net, LLC provides software, licensing, maintenance, support, and project implementation services. This project will be completed and paid for over a 3 year period as defined in the attachments and summarized below.

Software and Services

2008/2009   $5.0M
2009/2010   $5.0M 
2010/2011   $2.0M 

Total            $12.0M

This agreement also includes annual maintenance and support over 5 years totaling $2.8M (a 50% reduction from prevailing market rates).

Funds have been allocated for the 2008/2009 and 2009/2010 school year. This estimate reflects a savings of $3.0M over the $15M budgeted for the project and a $10M savings beyond similar projects that replaced just the Finance and HR systems in other districts our size.

Attachment is in the Board office for the Board's review.

HANSON & CAMPOS

Capital Cost of $11.5 million negotiated to 20% below the Boards budgeted amount.

Operating Cost of $2.75 million negotiated to 50% below prevailing market rates. Offsetting savings identified enabling no related increase in the Information Services operating budget for '09 - '10.