OPCMR EXERCISE OF RENEWAL OPTION GOVERNMENT OF THE UNITED STATES VIRGIN ISLANDS DEPARTMENT OF PROPERTY & PROCUREMENT CONTRACT NO.: P121BERT21 DATED: 8/24/2021 EXERCISE OF RENEWAL OPTION Contractor Description of Scope of Work/Services Lauritz Mills d/b/a SygmaPCS 18 Caret Bay P.O. Box 304455 St. Thomas, USVI 00803 To collect and analyze socioeconomic data, research economic trends, advise on economic policies, and develop economic forecasting. Pursuant to the renewal option provision of Contract No. P121BERT21, and subject to the appropriation and allotment of necessary funds, notice is hereby given that the Government of the U.S. Virgin Islands, Bureau of Economic Research exercises its option to renew and does hereby renew the aforementioned contract for the period July 1, 2022, to June 30, 2023, at the stipulated cost therein. All the terms, covenants, and conditions of the contract affected shall continue in full force and effect. A facsimile, electronic or digital signature on this Contract shall be deemed an original and binding upon the Parties hereto. Please acknowledge receipt and acceptance hereby signing and returning to: The Department of Property and Procurement 8201 Subbase Suite #4 St. Thomas, VI 00802 ____________________________________________________________________________________ ACKNOWLEDGMENT & ACCEPTANCE: GOVERNMENT OF THE VIRGIN ISLANDS _________________________ _________________________ Lauritz Mills d/b/a SygmaPCS Allison L. DeGazon, Director Bureau of Economic Research DATE: _5/25/2022____________ DATE: _5/25/2022_____ ____________________________________ DATE: ______________ Anthony D. Thomas, Commissioner Department of Property & Procurement 5/26/2022 Renewal No:. P103BERT22