FIRST AMENDMENT TO
PROFESSIONAL CONSULTANT SERVICES AGREEMENT
WALLACE & ASSOCIATES CONSULTING, LLC
Professional On-Call Services for Construction Management
THIS FIRST AMENDMENT TO PROFESSIONAL CONSULTANT SERVICES AGREEMENT ("First Amendment") is made and entered into this _ 2023, by and between the CITY OF RIVERSIDE, a California charter city and municipal corporation ("City"), and WALLACE & ASSOCIATES CONSULTING, LLC, a Delaware limited liability company ("Consultant"), with respect to the following:
RECITALS
WHEREAS, the City and Consultant entered into that certain Professional Consultant Services Agreement dated April 18, 2022 ("Agreement"); and WHEREAS, the City desires to have Consultant continue providing the services referenced in that Agreement; and
WHEREAS, the Agreement is set to expire on April 18, 2025; and WHEREAS, the City and Consultant have agreed to increase compensation in an amount not to exceed One Million Five Hundred Thousand Dollars ($1,500,000.00) over a three-year term, with the option to extend for an additional two-year term in the amount of One Million Dollars ($1,000,000.00), for a total amount of Two Million Five Hundred Thousand Dollars ($2,500,000.00) for a five-year term; and
NOW, THEREFORE, incorporating the recitals set out above, the parties hereto mutually agree to the following amendment to the Agreement.
Section 3, Compensation/Payment, is hereby amended to increase compensation in an amount not to exceed One Million Five Hundred Thousand Dollars ($1,500,000.00) over a three-year term, with the option to extend for an additional two-year term in the amount of One Million Dollars ($1,000,000.00), for a total amount of Two Million Five Hundred Thousand Dollars ($2,500,000.00) for a five-year term.
All other terms and conditions of the Agreement between the parties, which are not inconsistent with the terms of this First Amendment, shall remain in full force and effect as if fully set forth herein.
IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to Professional Consultant Services Agreement to be duly executed the day and year first above written.
CITY OF RIVERSIDE, WALLACE & ASSOCIATES CONSULTING,
a California charter city and municipal LLC, a Delaware limited liability company corporation
shal
By: By:_
City Manager Name: Melanie Est1s
Title: VP
(Signature of Board Chair, President, or Vice
President)
Attest:
City Clerk
and
Certified as to Availability of Funds: By:_
Name:
Title: 20070
By: (Signature of Secretary, Assistant Secretary,
Chief Financial Officer CFO, Treasurer, or Assistant Treasurer) Approved as to Form:
By: Susan Webso
Sénior Deputy City Attorney
21-1633 2 RSM 01/17/23
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