AON RISK INSURANCE SERVICES WEST, INC.

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MURANCE NOT ON I LE WORK MAY NOT PROCEED N-2023-207 CITY CLERK DACE. CONSULTANT AGREEMENT BETWEEN THE CITY OF SANTA ANA AND AON r L� RISK INSURANCE SERVICES WEST, INC. TO PROVIDE ACTUARIAL SERVICES THIS AGREEMENT FOR CONSULTANT SERVICES ("Agreement") is made and entered into this 1" day of August, 2023 by and between AON Risk Insurance Services West, Inc. c ("Consultant"), and the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California ("City") hereinafter collectively referred to as the "Parties". RECITALS A. The City desires to retain a consultant having special skill and knowledge in the field of conducting actuarial studies and related actuarial services for the City's Human Resources Department and the City's Finance and Management Services Department. B. Consultant represents that it is able and willing to provide such services described herein to the City. C. In undertaking the performance of this Agreement, Consultant represents that it is knowledgeable in its field and that any services performed by Consultant under this Agreement will be performed in compliance with such standards as may reasonably be expected from a professional consulting firm in the field. NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the terms and conditions hereinafter set forth, the Parties agree as follows: 1. SCOPE OF SERVICES Consultant shall perform during the term of this Agreement, the tasks and obligations including all labor, materials, tools, equipment, and incidental customary work required to fully and adequately complete those services described and identified in Consultant's Proposal, which is attached hereto an incorporated herein by this reference as Exhibit A. 2. COMPENSATION a. City agrees to pay, and Consultant agrees to accept as total payment for its services under this Agreement, the rates and charges identified in Exhibit A. The total sum to be expended under the term of this Agreement, including any extension period(s), shall not exceed $20,000.00, and is comprised of the base amount of $16,500.00 and a contingency amount of $3,500.00 for any additional and necessary services, to be exercised at the City's sole discretion. b. Payment by City shall be made within 45 days (forty-five) days following receipt of proper invoice evidencing work performed, subject to City accounting procedures. Payment need not be made for work which fails to meet the standards of performance set forth in the Recitals which may reasonably be expected by City. Page 1of10