1 FIRST MODIFICATION OF AGREEMENT NO. 11215 (CCS)
(Former Contract Number 4652)
This First Modification of Agreement Number 11215 (CCS) (“First Modification”), entered into as of _________________(“Execution Date”), by and between the City of Santa Monica, a municipal corporation (“City”), and Alexander’s Contracting Services, Inc. (Contractor) is made with reference to the following:
RECITALS
A. On or about January 15, 2020, the City and Contractor entered into Agreement Number 4652 for water meter reading services (“Original Agreement”).
B. The City and Contractor desire to modify the Original Agreement to extend the contract term and to increase the contract price to pay for the services for the extended period.
TERMS AND CONDITIONS
Now, therefore, the undersigned parties do hereby mutually agree to modify the Original Agreement as follows:
1. Section 1 of the Original Agreement entitled “Term” shall be deleted in its entirety and replaced with the following paragraph:
Term. This Agreement begins on the Execution Date and terminates on January 31, 2025, unless terminated earlier as set forth in the Original Agreement or extended by the parties in writing.
2. Section 4 of the Original Agreement entitled “Compensation” shall be modified by adding the following paragraph:
Compensation. The City will compensate Contractor for continuing the Services (Exhibit A to the Original Agreement) through January 31, 2025 not to exceed $360,000, as set forth in Exhibit B-1. The total contract price for services pursuant to the Original Agreement and this First Modification shall not exceed $610,000.
DocuSign Envelope ID: 2922F227-7D6F-4DAF-BEBA-AEFACE19520D 1/25/2022
2 3. Except as expressly modified by this First Modification, all other terms and conditions of the Original Agreement shall be and remain in full force and effect.
4. Counterparts. This Agreement and all amendments and supplements to it may be executed in counterparts, and all counterparts together shall be construed as one document. Counterparts hereof that are transmitted by facsimile or electronic transmission shall be given identical legal effect as an original.
IN WITNESS WHEREOF, the parties have executed this First Modification as of the date and year first written above.
ATTEST:
______________________________
DENISE ANDERSON-WARREN
City Clerk
APPROVED AS TO FORM:
______________________________
LANE DILG
City Attorney
CITY OF SANTA MONICA,
a municipal corporation
By: ______________________________
RICK COLE
City Manager
Contractor Corporation
#VENDOR
By: _______________________________
DocuSign Envelope ID: 2922F227-7D6F-4DAF-BEBA-AEFACE19520D Interim City Attorney
1/25/2022
Joseph Lawrence
Alexander Contract Services, Inc.
1/25/2022
Chris Molina
CFO/COO
David White
City Manager
1/31/2022 1/25/2022
Denise Anderson-Warren
City Clerk
Exhibit B-1
Budget
Description
Cost to Read Each Meter $1.24/meter
Additional Cost to Reade Lower Threshold $0.25/meter
Fuel Surcharge:
- Should the costs of fuel in the region become greater than $5.00/gallon, Alexander's will increase the cost per read for meters by 1%
- Should the costs of fuel in the region become greater than $5.30/gallon, another 1% increase in the cost per read will occur.
(Additional 1% increases will be assessed for every 0.30 cent increase in the cost of fuel in the region)
CPI Cost Increases: Alexander's reserves the option to review costs at each annual meter reading boundary in the contract and adjust the cost per reading based upon increase in the CPI.
Original Contract – CT 4625 NTE: $250,000.00
Modification #1 – CT 11215 (CCS) NTE: $360,000.00
Total Contract NTE: $610,000.00
Payment Terms: Net 30
DocuSign Envelope ID: 2922F227-7D6F-4DAF-BEBA-AEFACE19520D