HomeMy WebLinkAboutNBS Government Finance Group, Inc - Agreement Extension and Addendum - 2016 11 08ANTE
O
CITY OF WINTER SPICINGS, FLORIDA
• �"C°` �qS9 r 1126 EAST STATE ROAD 434
WINTER SPRINGS, FLORIDA 32708-2799
��oowetav5 Telephone (407) 327-1800
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). For the next
renewal no increase will be applied. Henceforth, the PPI adjustment, if any, shall be based on
the June statistic.
Contract extension shall be from December 16, 2016 to November 30"'. 2017 and shall be
bound by all covenants, conditions, and addenda of the original agreement. Base cost shall not
exceed a total of $19,084.01 (Nineteen Thousand Eighty -Four Dollars and 01/100) 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 fourth 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 $1,533.00 (One Thousand Five Hundred Thirty Three
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 extension is accep according to the following:
Signature /Signature
Authorized Agent Kevin L. Smith, City Manager
NBS Government Finance Group, Inc. City of Winter Springs
Date: I ? >
Date: / i /�- 114
Attachment(s): Exhibit `A' — NBS Renewal Letter 10/14/16