PLANET BiDS
Innovative Procurement Solutions
13263 Ventura Blvd., Suite 101 Studio City, CA, 91604 818) 992-1771 Amendment No.2
PB System ™ - Support Services Agreement
1. Standard Provisions
Under the PB System ™ Support Services Agreement and any previous amendments thereto (referred to herein as "Agreement") between PlanetBids, Inc (PlanetBids) and the City of Riverside (referred herein as "Customer") PlanetBids shall remain bound to the terms of the Agreement, except to the extent the terms of this Amendment conflict with the Agreement or a previous amendment, in which case this Amendment shall supersede. Nothing in this Amendment relieves PlanetBids of its obligation to perform as required by the Agreement or any previous amendment unless expressly stated herein.
2. Agreement Revisions
A. Scope of Work
PlanetBids and Customer agree that Section 2, Fees and Payments, on page 2 of the PlanetBids Support Services Agreement shall be amended as summarized in Revision 1 herein and as outlined in Table (A) herewith.
Revision 1:
As of January 26, 2022, PlanetBids and Customer have agreed to extend the current Agreement R16318-17 (and Amendment No. 1) for three additional years:
B. Costs
PlanetBids and Customer agree:
a) that the discounted yearly cost will remain unchanged until the end of the term of the agreement dated June 30, 2026, and as outlined in Table (A). Payments are due upon 30 days of invoicing by PlanetBids and as further outlined for each year thereafter.
City of Riverside Amendment No. 2, February 7, 2022
Copyright ©2022 PlanetBids, Inc.
1 Table (A)
YEAR 1 EAR: YEAR:
PB System ™ MODULES 2023-2024 024-202 :025-202C
Vendor & Bid Management
Advanced eBidding - Public Works
Evaluation Management $49,500.00 $ 49,500.00 $ 49,500.00 Built-in Reports and Charts
(Up to 9 Full User Licenses)
Q&A (1 user license) $ 675.00 $ 675.00 $ 675.00
Sub-Total $ 50,175.00 $ 50.175.00 $ 50,175.00
TOTAL | $ 50,175.00 $ 50,175.00 $ 50,175.00
C. Schedule of Services/Milestones/Deliverables
PlanetBids and Customer agree that there shall be no change to the terms) of the Agreement and billing cycle.
D. Principal Contact
The principal contact to the Finance Department, Purchasing Division has been updated and is now as follows:
Yvette Shenefield
Procurement and Contract Specialist
(951) 826-5561, [email protected]
3. Signatures
This Amendment may be executed and delivered by electronic or facsimile signature and an electronic or facsimile signature shall be treated as an original.
IN WITNESS WHEREOF, This Amendment has been executed under the provisions of the Agreement between PlanetBids and Customer. By signing below, the parties hereto agree that all terms and conditions of this Amendment and the Agreement and any previous amendments shall be in full force and effect.
- Signature Page on Next Page -
City of Riverside Amendment No. 2, February 7, 2022
Copyright ©2022 PlanetBids, Inc.
2 - Signature Page -
The persons below assert that they are authorized to execute this Amendment and have executed it effective as of day of April 2022.
PLANETBIDS, Inc.: CUSTOMER: City of Riverside
Alan, Zavian Name:
Chief Executive Officer
Secretary
Title
4 - 5-2022
Date: Date:
Arpie Zavian
President
Approved as to form
4-5-2022
Date: Senior Deputy City Attorney
City of Riverside Amendment No. 2, February 7, 2022
Copyright ©2022 PlanetBids. Inc.