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CARE AMBULANCE SERVICES, INC. (2)
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CARE AMBULANCE SERVICES, INC. (2)
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Last modified
1/2/2019 2:23:20 PM
Creation date
1/2/2019 11:32:27 AM
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Contracts
Company Name
CARE AMBULANCE SERVICES, INC.
Contract #
A-2018-299
Agency
Finance & Management Services
Council Approval Date
12/18/2018
Expiration Date
12/23/2023
Insurance Exp Date
10/1/2019
Destruction Year
2028
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10. Assignment. <br />A. Except as provided herein, CONTRACTOR may not delegate, transfer or <br />assign its rights or otherwise transfer its obligations, in whole or in part, under <br />this Contract to any other person or entity without first obtaining the prior written <br />consent of the OCFA and not for 180 days after the formal Contract award. Any <br />such assignment or transfer without the prior written consent of the OCFA shall <br />be void; the attempted assignment shall constitute a breach of the Contract. <br />B. For purposes of this section, the following will be considered to be a "transfer" <br />or "assignment": <br />1. Any change in the business structure, including but not limited to, <br />changes from or to: (a) a sole proprietorship; (b) a partnership, including <br />any change in the partners; (c) a corporation, including any change in the <br />shareholders, whether by operation of law or otherwise; <br />2. Bankruptcy, an assignment for the benefit of creditors, or the <br />appointment of a receiver; or <br />3. A transfer by any of the owners, shareholders or members (whichever <br />is applicable) of CONTRACTOR of greater than ten percent (10%) of the <br />ownership interest, stock or membership interest (whichever is applicable) <br />in CONTRACTOR's business, issued as of the Effective Date by the <br />CONTRACTOR, or the sale or transfer of over twenty-five percent (25%) <br />of the assets of the CONTRACTOR. In the event a CONTRACTOR <br />experiences regular stock exchanges in excess of the fifteen percent <br />(15%) threshold, a separate agreement may be negotiated to set a <br />threshold that still provides the OCFA with the protections intended. The <br />stock sale of a publicly traded corporation that does not constitute a <br />change in majority ownership will not be deemed a transfer of <br />ownership for purposes of this Section. <br />11. Audits and Inspections. <br />At any time during normal business hours, and as often as may reasonably be <br />deemed necessary by the OCFA, the CITY OF SANTA ANA may observe and inspect <br />CONTRACTOR's business office, and CONTRACTOR must make promptly available to <br />the CITY OF SANTA ANA or OCFA for its examination all of CONTRACTOR's records <br />that pertain to performance of this Agreement. The CITY OF SANTA ANA or OCFA may <br />audit, examine, and copy any and all CONTRACTOR records pertaining to their <br />performance of this Agreement, including but not limited to, personnel records, daily <br />logs, conditions of employment, and all other data. The CITY OF SANTA ANA's or <br />OCFA's right to inspect CONTRACTOR's business office and any and all records <br />pertaining to their performance of this Agreement will be restricted to normal business <br />14 <br />
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