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MUNISERVICES, LLC - #2019-017
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MUNISERVICES, LLC - #2019-017
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Last modified
1/31/2019 8:54:53 AM
Creation date
1/31/2019 8:53:45 AM
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Contracts
Company Name
MUNISERVICES, LLC
Contract #
A-2019-017
Agency
FINANCE & MANAGEMENT SERVICES
Council Approval Date
1/15/2019
Expiration Date
6/30/2022
Insurance Exp Date
1/24/2020
Destruction Year
2027
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2. Section 2. – Compensation is amended to read as follows: <br />a. Upon execution of this Second Amendment, CITY will pay CONSULTANT as outlined in <br />EXHIBITS B and D, incorporated and included herein. In addition, a contract <br />contingency amount shall continue be available over the two and one-half (2 1/z) year <br />Term of the First Amendment to this Agreement to cover payment of additional <br />consultant services as set forth therein under Section 1. — Scope of Services of said <br />First Amendment to Agreement. <br />Contingency monies will be available as follows: a contingency of $60,000 shall be <br />available for the first year of the First Amendment to Agreement's two and one half (2 %) <br />year term (FY 2018-19) with a further contingency of $25,000 available for the second <br />year (FY 2019-20), and a final contingency of $15,000 available for the final six months <br />of such term (July 1, 2020 to December 31, 2020). <br />b. Fees paid for recovered sales tax and/or other associated recovered revenues shall not <br />exceed fifteen percent (15%) of the amount recovered. Such fees are not chargeable <br />against contingency monies but are revenues directly payable from recovered sales tax. <br />Payments made to CONSULTANT for recovered revenues will be recognized when the <br />fees related to CONSULTANT'S auditing and reporting activities are incurred. <br />c. CITY will pay CONSULTANT as outlined in any Change Order(s) mutually agreed to by <br />and between the Parties pursuant to Section 3, subsection 3-22., of said First <br />Amendment to Agreement. Payments related to Change Orders affecting fees paid for <br />recovered sales & use taxes and transactions & use taxes and/or other associated <br />revenues shall be directly payable from recovered sales & use tax and transactions & <br />use tax or other associated recovered revenues. Stated fees for Sales & Use and <br />Transactions & Use Tax - Analysis & Reporting Service (STARS) which includes the <br />Geographic Revenue Information Application system (GRIA) together with CPI <br />adjustments to said stated fees as set forth in Exhibit D shall be directly payable from <br />recovered sales & use tax and transactions & use tax monies. <br />d. Payment by CITY shall be made within forty-five (45) days following receipt of proper <br />invoice evidencing work performed, subject to City accounting procedures and proof of <br />insurance as set forth in section 3- 9. Payment need not be made for work which fails to <br />meet the standards of performance set forth in the Recitals which may reasonably be <br />expected by CITY. <br />3. Section 3. - General Provisions., subsection 3-1., Term of the Agreement is amended to <br />read as follows: <br />3-1. - Term of the Agreement: The renewal term for the provision of consultant services <br />under said Agreement shall be for a period beginning effective July 1, 2018 through <br />June 30, 2022, if neither party has terminated said Agreement in accordance with <br />section 3- 2. <br />4. The effective date for the application of amendments to said Agreement relating to "Scope <br />of Services", "Compensation", and "Term" shall be December 21, 2018. <br />5. Where applicable, in accordance with state law, relevant references to the State Board of <br />Equalization (BOE) within said Agreement including all exhibits attached thereto and <br />
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