1 FIFTH AMENDMENT TO THE
AGREEMENT FOR CONSULTING SERVICES
BETWEEN THE CITY OF REDONDO BEACH
AND LANCE, SOLL & LUNGHARD, LLP
THIS FIFTH AMENDMENT TO THE AGREEMENT FOR CONSULTING SERVICES ("Fifth Amendment") is made between the City of Redondo Beach, a chartered municipal corporation ("City") and Lance, Soll & Lunghard, LLP, a California limited liability partnership ("Consultant”).
WHEREAS, on April 18, 2017, the parties hereto originally entered into the Agreement for Consulting Services between the City and Consultant (the "Agreement"); and WHEREAS, on August 14, 2018, the parties hereto entered into the First Amendment to the Agreement for Consulting Services between the City and Consultant (the "First Amendment") to incorporate the Engagement Letter for the fiscal year 2017-2018 audit and increase compensation to $66,415 for each fiscal year audit for the periods of 2017 to 2018 and 2018 to 2019, and increase the compensation to $68,347.45 for each fiscal year audit for the periods of 2019 to 2020 and 2020 to 2021.
WHEREAS, on September 3, 2019, the parties hereto entered into the Second Amendment to the Agreement for Consulting Services between the City and Consultant (the "Second Amendment") to incorporate the Engagement Letter dated May 21, 2019 (“2019 Engagement Letter”) and authorize the City Manager or designee to sign prospective engagement letters provided the letters are in the same substantive form as Exhibit “A-2-1” of the Second Amendment and do not increase Consultant’s not to exceed compensation, require invoices to include additional detail, and change the City’s designee for notice; and
WHEREAS, the Second Amendment erroneously provided the compensation as described in the Agreement and should have provided the increased compensation as approved in the First Amendment; and
WHEREAS, on October 15, 2019, the parties hereto entered into the Third Amendment to the Agreement for Consulting Services between the City and Consultant (the "Third Amendment") to incorporate the August 2019 Engagement Letter (as defined in the Third Amendment) to provide additional services and increase the Consultant’s compensation; and
WHEREAS, on March 3, 2020, the parties hereto entered into the Fourth Amendment to the Agreement for Consulting Services between the City and Consultant (the "Fourth Amendment") to extend the term of the Agreement to April 17, 2022 and clarify the compensation for each year.
2 NOW THEREFORE, in consideration of the promises and mutual covenants contained herein, and intending to be legally bound, the parties hereby agree to make the following amendments to the Agreement:
1. Scope of Services. The Agreement is hereby amended to add Exhibit “A-4” to perform the services described in the attached Engagement Letter dated February 4, 2022. Exhibit “A-4” is attached hereto and incorporated by reference.
2. Term. The Agreement is hereby amended to add Exhibit "B-4", which extends the Agreement to April 30, 2023. Exhibit “B-4” is attached hereto and incorporated by reference. Consultant shall commence and complete all services described in the Agreement and any amendments thereto in accordance with the schedule set forth in Exhibit "B-4".
Compensation. The Agreement is hereby amended to add Exhibit “C-5” to increase Consultant’s total limit on compensation by $68,336 for a total limit of $405,275.90 for the services described in the Agreement and any amendments thereto. Exhibit “C-5” is attached hereto and incorporated by reference.
3. No Other Amendments. Except as expressly stated herein, the Agreement shall remain unchanged and in full force and effect. The Agreement, First Amendment, Second Amendment, Third Amendment, Fourth Amendment and this Fifth Amendment constitute the entire agreement between the parties and supersede any previous oral or written agreement with respect to the subject matter hereof. In the event of any inconsistency between the terms of the Agreement, First Amendment, Second Amendment, Third Amendment, Fourth Amendment, and the terms of this Fifth Amendment shall govern. 3 IN WITNESS WHEREOF, the parties have executed this Fifth Amendment in Redondo Beach, California, as of this 15th day of March, 2022.
CITY OF REDONDO BEACH, LANCE, SOLL & LUNGHARD, LLP,
a chartered municipal corporation a California limited liability partnership
_______________________ By: _______________________
William C. Brand, Mayor Name: _______________________
Title: _______________________
ATTEST: APPROVED:
_________________________ _________________________
Eleanor Manzano, City Clerk Diane Strickfaden, Risk Manager APPROVED AS TO FORM:
____________________________
Michael W. Webb, City Attorney
4 EXHIBIT "A-4"
PROJECT DESCRIPTION AND/OR SCOPE OF SERVICES
Consultant shall perform the services as described in the attached Engagement Letter dated February 4, 2022.
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5 EXHIBIT "B-4"
SCHEDULE FOR COMPLETION
TERM. The term of the Agreement shall be extended to April 30, 2023, unless otherwise terminated as herein provided.
6 EXHIBIT "C-5"
COMPENSATION
Provided Consultant is not in default under this Agreement, Consultant shall be compensated as provided below.
I. AMOUNT. For the FY2021-22 City audit, Consultant shall be compensated as set forth below.
Description Amount
FY 2021-22 City Audit including component units, Housing Successor, standalone reports for Internal Service and
Enterprise Funds, and GANN Limit calculation
$60,820
Single Audit Report $5,467
Inmate Trust Fund $2,049
Total $68,336
II. NOT TO EXCEED AMOUNT. In no event shall Consultant’s total compensation exceed $405,275.90 for all services performed under the Agreement and any amendments thereto.
III. METHOD OF PAYMENT. Consultant shall provide invoices to City for approval and payment. Invoices shall include a description of services performed, title of staff, amount billed, and fiscal year audited Invoices must be itemized, adequately detailed, based on accurate records, and in a form reasonably satisfactory to City.
Consultant may be required to provide back-up material upon request.
IV. SCHEDULE FOR PAYMENT. City agrees to pay Consultant within thirty (30) days of receipt of monthly invoices, provided, services are completed to City’s full satisfaction.
V. CONSULTANT’S ADDRESS FOR NOTICE. Written notices to Consultant shall be given by registered or certified mail, postage prepaid and addressed to or personally served on:
Consultant: Lance, Soll & Lunghard, LLP
203 N. Brea Blvd, Suite 203
Brea, CA 92821
Attention: Bryan Gruber, CPA, Partner
City: City of Redondo Beach
Financial Services Department
415 Diamond St., Door 1
7 Redondo Beach, CA 90277
Attention: Jennifer Paul, Finance Director
All notices, including notices of address changes, provided under this Agreement are deemed received on the third day after mailing if sent by registered or certified mail.
Changes in the respective address set forth above may be made from time to time by any party upon written notice to the other party.