February 4, 1998 Code: AD 98-02
Vice Presidents for Administration
From: George A. Pardon
Business and Finance
Information Resources and Technology
has successfully negotiated an amendment to the Oracle contract
to provide additional software licenses requested by campuses.
Financing for the amendment allows campuses to make three annual
payments, beginning in fiscal year 1999/00. The attached schedule
indicates amounts and timing of payments for each campus participating
in the agreement.
The interest rate being charged is
one half percent over the California State University Investment
Pool Total Return Account rate. As such, campuses may wish to
pay their share of the costs up front to avoid interest charges.
Campuses providing written authorization, by February 28, 1998,
to issue a Plan of Financial Adjustment against their fiscal year
1997/98 appropriation for their software license fees will not
incur any interest charges. Subsequent to that date, campuses
may prepay all or part of the fees and interest at any time.
Prepayment requests should be submitted in writing to Bill Musselman
in the Chancellor's Office Accounting Department.
For financing questions please contact
Mr. Bill Musselman at (562) 951-4610 or via e-mail at email@example.com,
for contract questions please contact Mr. Russ Utterberg at (562)
GAP:WM:mc AD 98-02
Oracle Fee Table
Information Technology Officers
Chancellor's Office (see distribution
Distribution: Accounts Payable
Marcia Le Beau