HomeMy WebLinkAbout2013-073 2013-73
FIRST AM 1 I3MENZ TO AGREEMENT
BETWEEN THE CITY ORSAN B51RN/DR'DINCtAME MARSH RISK &
INiSUhANCIT,r;gR3/ICEt` '.
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THIS FIRST AMENDMENT is made and entered into as of April 15, 2013 by and between the
CITY OF SAN BERNARDINO, a charter city ("City"), and MARSH RISK & INSURANCE
SERVICES ("Property Insurance Broker"). In consideration of the mutual covenants and
conditions set forth herein, the parties agree as follows:
1. This Amendment is made with respect to the following facts and purposes:
a. On January 7, 2008, the City and Property Insurance Broker entered into a 5-year
agreement entitled "Property Insurance Broker Services Agreement Between The City
Of San Bernardino And Marsh Risk & Insurance Services, for a total amount of four
hundred seventy thousand dollars and no cents ($470,000.00).
b. The parties now desire to extend the agreement for one (1) year for an additional
amount not to exceed Eighty Thousand Dollars ($80,000.00) and amend the Agreement
as set forth in this Amendment.
2. "Section 2. Compensation" of the Agreement is hereby amended to increase the amount
that the City agrees to pay the Property Insurance Broker not-to-exceed Eighty Thousand
Dollars ($80,000.00). City shall pay Property Insurance Broker for services rendered
pursuant to this Agreement at the time and in the manner set forth herein. The first
amendment amount shall not exceed Eighty Thousand Dollars ($80,000.00) for additional
Property Insurance Broker services.
3. "Section 3.1. Term" of the Agreement is hereby amended to extend the term of the
Agreement to January 30, 2014, unless the Agreement is previously terminated as provided
for herein.
4. Except for the changes specifically set forth herein, all other terms and conditions of the
Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by
and through their respective authorized officers, as of the date first above written.
CITY OF SAN BERNARDINO M H RISK & INSURANCE SERVICES,
All Parker, City Manager Craig Morris, Senior Vice President
ATTEST: APP OVED AS TO FORM:
Georgean anna, Cit Clerk - es F. Penman, City Attorney
EXHIBI "A"