Technology Refresh definition
Examples of Technology Refresh in a sentence
You must insure all Technology Refresh Hardware at a value to be notified to You by the Service Provider from time to time and You shall on Our request, provide a copy of the relevant policy (or a summary of its terms) and proof of payment of the last premium.
The Technology Refresh is intended to update key solution components (hardware/software) with the most contemporaneous and advanced technologies currently available.
At the conclusion of the fifth year of the Contract following Final Acceptance, and every five years thereafter should the Contract be extended beyond the original Term, a Technology Refresh will occur.
Notwithstanding, the County makes no guarantee that the Technology Refresh(es) will occur, nor does the County guarantee that the Technology Refresh will be conducted in one single deployment during the Term of this Contract.
Future hardware purchases, installation, and configuration services for the six-year anniversary Technology Refresh (see Paragraph 3.5 below) must be delivered by Contractor as Optional Work pursuant to an executed Change Notice.
You must carry out any minor maintenance stipulated or instructions given by the Service Provider from time to time in connection with the provision of the Services and You must operate any item of Technology Refresh Hardware in accordance with the relevant equipment manufacturer’s handbook or other recommendations.
Presuming the Contract has been extended beyond the current Term by the County, a Technology Refresh will be implemented every five years thereafter.
Contractor must secure the lowest possible pricing for the Technology Refresh, minus any bulk purchase discounts as applicable, plus a not-to- exceed 15% markup for handling (e.g., purchasing and administration, setup/configuration, and removal of old replacement hardware).
At the sole discretion of the County Project Director [Refer to Task 15 (Solution Maintenance and Support and 24/7 Help Desk Support) of Attachment A.1 (SOW Outline)], the Technology Refresh will be procured, delivered, and installed by Contractor as Optional Work, payable by the County utilizing Pool Dollars pursuant to Paragraph 3.3.4 (Optional Work) of the Contract.
Vendor shall be obligated to refresh technology at no additional cost to the Client so long as the original Technology Refresh Plan is adhered to.