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Santa Ana Senior Center 424 W. Third St. Santa Ana, CA 92701 Santa Ana Police Department 60 Civic Center Plaza Santa Ana, CA 92701 II. PERIOD OF CONTRACT Unless earlier terminated as allowed for in the agreement, contract term shall be for a period of three (3) years. The contract term is anticipated to commence after City Council award of this contract and upon receipt and approval of all required bonds and insurance documents. The projected contract award date is May 16, 2017, with contract start date as June 1, 2017, and maybe adjusted as necessary. If funding becomes unavailable, City can terminate contract with thirty (30) day notice to vendor. III. OPTION OF RENEWAL The term of this agreement shall have provision for two, one -year renewal options subject to written notice of agreement by both parties, pursuant to approval of the City Manager and City Attorney. Said extension shall be subject to the same terms and conditions as the present agreement. No price increase will be considered during the contract term or renewal options. IV. FISCAL NONFUNDING CLAUSE In the event sufficient budgeted funds are not available fora new fiscal period, the City shall retain the right to notify the provider of such occurrence in writing at least thirty (30) days before the end of the current fiscal period and terminate the contract on the last day of the current fiscal period without penalty or expense to the City. V. PROPOSAL DEPOSIT AND PERFORMANCE BOND A proposal deposit in the amount of five percent (5 %) of the total proposed annual contract amount set forth in Exhibit B shall accompany each proposal. The proposal deposit must be in the form of a bid bond, cashier's check, certified check, bank draft, letter of credit, trust company treasurer's check, or money order. Checks shall be payable to the City of Santa Ana. NO PERSONAL OR COMPANY CHECKS WILL BE ACCEPTED. Proposal deposit of the unsuccessful proposers shall be returned upon award of contract by the City. The successful proposer shall supply a performance bond in the amount of one - hundred percent (100 %) of the successfully awarded total annual contract amount of the proposal prior to execution of the contract. Upon receipt of the performance bond, the proposal deposit will be returned. The proposal deposit is City of Santa Ana Unarmed Security Guard Se�v z5jcW1 O K 1 Page 6