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CM-2020-214 - 8/21/2020ERAD-RECOVERYTm AGREEMENT This ERAD-Recovery Agreement is made between ERAD Group, Inc. ("EGI") and Round Rock Police Department ("Agency"). 1 Introduction. Agency will use EGI's ERAD-Recovery software ("Product") to access the client processing service described herein ("Payment Processing Service") in order to: (i) determine relevant issuer and processor information from prepaid access devices and other payment cards; (ii)identify the monetary amount of funds stored on prepaid access cards and other prepaid access devices; and (iii) freeze and seize funds on prepaid access cards, prepaid access devices, and debit cards for subsequent deposit to an authorized depository account owned and controlled by Agency. 2. Term. This Agreement is effective as of June 20, 2020 , ("Agreement Effective Date"), and shall remain in effect for an initial period of One (1) year ("Initial Period"). After the Initial Period, this Agreement shall be extended automatically for Four (4) successive One (1) year periods (each a "Renewal Term"). Either party may terminate this Agreement as of the end of the then -current term by giving written notice at least ninety (90) days prior to the end of the then -current term The Initial Term and all Renewal Terms shall be referred to as the "Term." 3. Fees. Agency shall pay EGI the following fees: Annual Enterprise License - $ 3,000.00 Prepaid Card Seizure Processing - Included EGI Pass -Through Fees Agency must pay any fees, anticipated returns, fines or other third party charges associated with use of the Product (collectively, "Pass -Through Fees"), including, chargeback fees, retrievals and fines 4. Payment Processing Service. Agency shall use the Product to access the Payment Processing Service 5. Exclusivity. EGI shall be the sole and exclusive provider of the Payment Processing Service to Agency and its affiliates, and neither Agency nor any of its affiliates shall engage a third party to provide the same or similar service, nor shall Agency provide same on its own behalf By signing below, you agree to the terms of this Agreement and the ERAD Agreement General Terms & Conditions version 1.5 incorporated herein by reference. Round Rock Police Department 2701 N Mays Street Round Rock TX 78665 Tel: (512) 218-5500 Laurie Hadley D City Manager ERAD Group, Inc. 5301 Alpha Road, Suite 80-17 Dallas, TX 75240 Tel: (571) 207-3723 X�,. 7hj % Steve Beck an Date Chief Operating Officer ERAD Recovery Enterprise Agreement Page 1 18 March 2020 Ufa 1-202 0-2__,l4 f Point & Pay Client Application (Shaded areas are for internal use only) Partner Code: Account Representative: Submission Date: Price per Card Readers Quantity: N/A reader:: $ WA Target Live Date: Client ProNie Client Legal Name as filed with the IRS: Round Rock Police Department Federal Tax ID: JLJ_ Vjl qL4B6 DBA: Round Rock Police Department Physical Address: 2701 N Mays Street City: Round Rock State: TX Zip: 78665 Website Address: Phone # to display on customer receipts: (512) 218-5500 Contacts Primary Contact Name: Primary Phone #: Primary Email: Steve Beckerman 27-781-7308 Steve.beckerman@erad-group.com Accounting Contact: Accounting Phone #: Accounting Email: Steve Beckerman 27-781-7308 Steve.beckerman@erad-group.com Payment Types Visa, MasterCard Discover AMEX Fee Summary Fees Paid by ERAD Fees Paid by Client Other See Notes Debit Card — Flat Fee $0.026 E-check — Returned Item Fee $ N/A Debit Card — Interchange Fee Actual E-check — Flat Fee $ N/A Debit Card - Perc enta a Fee 0.10% Visa Tax Program —Debit $ N/A Debit Card - Minimum Fee $ 0.00 MasterCard Tax Program —Debit $ N/A Debit Card - Chargeback Fee $15.00 Product Summary Software Partner: ERAD Group Product Name Total Annual Collectlons for Payment Type Average Payment Amount Highest Payment Amount ERAD FCIS $900,000 $10.000 $150,000 Banking Summary Deposit Structure: Gross Settlement Debit Product Name or # from above Bank Name ERAD FCIS (CLIENT DEPOSITS) A6 6 4(f Routing # Q t DbD fl y Account # 45013% Acct Type X Check. Savngs ERAD FCIS (FEES) Branch Banking & Trust ' 061113415 0005248912948 X Check. Savings Channels / Nobs POS IVR Web Web/EBPP If all products do not match each channel, please note details below Gross Settlement — Interchange Plus Signature Merchant The undersigned agrees to abide by the Terms and Conditions of the Point and Pay Merchant Services Agreement viewable at D u Signature Title City Manager Name Laurie Hadley Date v City of Round Rock ROUND ROCK TEXAS Agenda Item Summary Agenda Number: Title: Consider executing an Agreement with ERAD Group, Inc. for Electronic Recovery and Access to Data software. Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 8/21/2020 Dept Director: Chief Allen Banks Cost: $3,000.00 Indexes: General Fund Attachments: ERAD CMAF, ERAD Agreement Department: Police Department Text of Legislative File CM-2020-214 The Police Department wishes to enter into an agreement with the ERAD Group for an annual software license. This software extracts data from stolen credit cards, provides forensic data for detectives, and allows the Department to seize account balances when cards are used in illegal activity. This is a one-year contract with four successive one-year renewals. The contract can be terminate this agreement at the conclusion of any of the one-year subscriptions. Cost: $3,000 Source of Funds: General Fund City of Round Rock Page t Printed on 812012020