MICE is responsible for the on-going support contract costs for the main
Arista switch. This was factored into the design of the port fees.
We have received quotes from Arista. As is customary, the three-year
price is cheaper per year than the one-year price. The savings is
non-trivial, especially relative to our annual revenue, so I think it
would be wise to purchase the three-year contract.
The three-year contract cost is more than our current cash balance.
After we collect this year's port fees, we will be able to cover it
while keeping a reasonable reserve. However, we need to do something
sooner, as it needs to be renewed this month. Fortunately, Arista has
offered to let us split the order in two halves to avoid us drawing the
bank balance too close to zero.
Does the membership have any input they'd like to provide the board in
this matter?
--
Richard