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            "text": "KENTUCKY STATE UNIVERSITY\nBoard of Regents",
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            "text": "COMMITTEE/PROGRAM ACTION: N/A",
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            "text": "PROGRAM IMPLICATIONS: N/A",
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            "text": "FISCAL IMPLICATIONS:",
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            "text": "Contracts:",
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                    "text": "Cloud Services Order Form – Contract amount is $28,342 per month ($340,104 per year) for five years.",
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                    "text": "Banner 9 Essentials – Contract amount is $31,500."
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                    "text": "Professional Services Agreement - $208,779.",
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                    "text": "Financial Support Services - $77,710.",
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            "text": "Project:",
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            "text": "Optimization Projects – Project budget is $285,000.",
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            "text": "Costs for the Banner upgrades and optimization will be paid over at least two fiscal years with the majority of the costs occurring in FY 2019. Hosting will be included in the University's operating budget for FY 2019 and beyond. One time-optimization costs will be reflected in a capital project to re-implement Banner and will be funded from the University's fund balance."
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            "text": "ATTACHMENTS: Four contracts for approval are attached."
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            "text": "RECOMMENDATION: Action be taken that all contracts are approved. Action be taken that he Optimization Project be approved at a budgeted amount of $285,000."
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