HomeMy WebLinkAboutNBS Government Finance Group, Inc - Agreement Extension and Addendum - 2014 11 25 ��N7eR
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CITY OF WINTER SPRINGS, FLORIDA
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1 9 59 1126 EAST STATE ROAD 434
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c WINTER SPRINGS, FLORIDA 32708-2799
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Assessment Services Agreement Extension and Addendum
For: Assessment Program Management Services
Original Contract Date: December 1, 2012
Vendor: NBS Government Finance Group, Inc.
Commission Approval: C-212, November 19, 2012
TERMS
The City of Winter Springs has elected to extend the above-mentioned agreement for an
additional (1) year term as per Item 2.1 - Term and Definitions, which is located on Page 1
of the original Agreement. A price increase adjustment up to a maximum of (3%) is
authorized per the contract based on the Bureau of Labor and Statistics (PPI) but for the next
renewal term no increase applies. Henceforth, the PPI adjustment, if any, shall be based on the
July statistic.
Contract extension shall be from December 1St, 2014 to November 30th, 2015 and shall be
bound by all covenants, conditions, and addenda of the original agreement. Base cost shall not
exceed a total of $18,673.76 (Eighteen Thousand Six Hundred Seventy Three Dollars and
761100)for Assessment Program Management Services as detailed in the agreement (Oak Forest
Capital and Maintenance; TLBD Capital Phases I & II and Maintenance). This is the second
contract renewal under this agreement.
ADDENDUM
In addition to the above-mentioned agreement extension, the City has elected to add Assessment
Program Management Services for the Tuscawilla Phase III Special Assessment Area (Capital and
Maintenance) to the scope of services as an addendum to the original agreement. The addendum
shall be bound by all the same terms and conditions of the original agreement. Base cost for the
addendum shall not exceed a total of$1,500.00 (One Thousand Five Hundred Dollars).
CONSIDERATION
The City of Winter Springs has been very pleased with services provided for the Oak Forest,
TLBD and the Tuscawilla Phase III Assessment Programs for the previous contract period.
AGREEMENT
This exten "on ' accepted peeprding to the following:
Signature Signature
Authorized Agent Kevin L. Smith, City Manager
NBS Government Finance Group, Inc. City of Winter Springs
Date: 111 cC/J-" Date:
Attachment(s): Exhibit `A' —NBS Renewal Letter 10/30/14