To be considered as a viable Student Activity Fund (SAF) Software Solution, the Offeror shall be able to provide the following: a) Web-Based Software Solution to be hosted by the offeror or installed on the district’s centralized servers. It shall efficiently and effectively facilitate the management of and accounting for SAF financial data producing reliable reporting at the school and central office level according to System Policy and Local, State and Federal regulations while being stored in a secure environment. b) Software Maintenance shall be reliable, timely and offered either remotely or on-site depending on the district’s needs. The qualified Offeror shall provide details regarding software maintenance and support services. The details provided shall include such information as technical support offered, software renewal requirements, software maintenance requirements such as updates and patches, disaster recovery plans for unexpected situations resulting in either equipment or data loss (Offeror shall also supply a high-level disaster recovery plan.). Offeror shall seek client approval prior to rollout for all upgrades.