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Extended Warranty and Maintenance Fees <br /> The City shall have the option of purchasing extended warranty and maintenance <br /> services for a period of up to ten years beyond the original 3-year warranty period, <br /> on an annual basis, according to the following rate schedule. <br /> Maint Warranty <br /> After 3 Years Annual Cost MS1 Annual Cost M5 Total Annual Cost <br /> 1 $16,800.00 $39,000.00 $55,800.00 <br /> 2 $16,800.00 $39,000.00 $55, 800.00 <br /> 3 $16,800.00 $39,000.00 $55,800.00 <br /> 4 $16,800.00 , $39,000.00_ $55,800.00 <br /> 5 $16,800.00 $39,000.00 $55, 800.00 <br /> 6 $17,304.00 $40,170.00 $57,474.00 <br /> 7 $17,823. 12 $41,375.10 $59, 198.22 <br /> 8 $18,357.81 $42,616.35 $60, 974. 17 <br /> 9 $18,908.55 $43,894.84 $62, 803.39 <br /> 10 $19,475.80 $45,211.69 $64,687.49 <br /> TOTAL $175,869.29_ $408,267.99_ $584, 137.27 <br /> Section 5. Additional Programing Provided By IPS <br /> IPS will develop, program, test and implement an Add Time feature for the MS1 pay <br /> stations. The option will allow the separation of new transactions from add time <br /> transactions. The option should function in a manner consistent with the City's <br /> current parking pay stations. Alternatives to this feature are subject to the approval <br /> of the City. <br /> IPS will complete programing, testing, and implementation of this feature in the City <br /> within 6 months from the award of contract. <br /> REV: 05-0S-16 JS <br /> Page 174 of 177 <br /> ATTY/AGR.2016.094/IPS Group <br />