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<br />N-2007 -007 <br /> <br />INSURANCE NOT REQUIRED <br />WORK MAY PROCEED <br />CLERK OF COUNCIL <br />DATE: ';-,J.o-o'l CONSULTANT AGREEMENT <br />o.(l'Io\S,Z, G. ~e) <br />THIS AGREEMENT, made and entered into this 10th day of January, 2007 by and <br />between Benefit Funding Services Group, Inc a California Corporation (hereinafter <br />"Contractor"), and the City of Santa Ana, a charter city and municipal corporation organized and <br />existing under the Constitution and laws of the State of California (hereinafter "City"). <br /> <br />RECIT ALS <br /> <br />A. The City desires to retain a Contractor having special skill and knowledge in the field of <br />municipal investment assessment. <br /> <br />B. Contractor represents that Contractor is able and willing to provide such services to the <br />City. <br /> <br />C. In undertaking the performance ofthis Agreement, Contractor represents that it is <br />knowledgeable in its field and that any services performed by Contractor under this <br />Agreement will be performed in compliance with such standards as may reasonably be <br />expected from a professional firm in the field. <br /> <br />NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the <br />terms and conditions hereinafter set forth, the parties agree as follows; <br /> <br />1. SCOPE OF SERVICES <br /> <br />Contractor shall perform analysis and assessment services regarding the Santa Ana <br />Employee Deferred Compensation Program, as set forth in Exhibit A, attached hereto and <br />incorporated by this reference. <br /> <br />2. COMPENSATION <br /> <br />a. City agrees to pay, and Contractor agrees to accept as total payment for its services, <br />the rates and charges identified in Exhibit A. The total sum to be expended under this <br />Agreement shall not exceed $10,000.00 during the term of this Agreement. <br /> <br />b. Payment by City shall be made within thirty (30) days following receipt of proper <br />invoice evidencing work performed, subject to City accounting procedures. Payment need not <br />be made for work which fails to meet the standards of performance set forth in the Recitals <br />which may reasonably be expected by City. <br /> <br />3. TERM <br /> <br />This Agreement shall commence on the date first written above and terminate on <br />completion of services, unless terminated earlier in accordance with Section 12, below. <br /> <br />1 <br />