Graduation Photography Services

This contract establishes a five‑year agreement for Radford University to receive comprehensive graduation photography services from Photo Specialties, Inc., including on‑site image capture, rapid delivery of usable images, and a menu of printed and digital products priced on a unit‑price basis. The vendor must meet strict PCI‑DSS, insurance, and record‑keeping requirements, and may be renewed annually for up to five additional one‑year terms. • Scope: Capture graduation ceremonies, deliver all usable images within 5 business days, and provide a catalog of printed (e.g., 5×7, 8×10) and digital products at fixed unit prices. • Performance & Compliance: Immediate breach notification (24 hr), 60‑day cancellation notice, PCI‑DSS compliance, and retention of records for 5 years. • Financial Terms: Fixed unit prices for the base term; renewal price increases limited to CPI or 3 %; payment due 30 days after invoice; no overall contract ceiling.