The Supplier must license, deliver, and maintain the Victoria University Regional Model with Tax Detail (VURMTAX) and associated software (GEMPACK and RunDynam) for a three-year period, for site-wide, unlimited use by the Principal. The VURMTAX model will be customised to distinctly represent two regions: Tasmania and the rest of Australia. The license includes updates to the model, database, software and mentoring throughout the contract term.

The Supplier must conduct comprehensive on-site training for up to 10 staff members of the Principal during the first year of the contract, in accordance with the indicative training timetable provided in the Supplier’s proposal.