Contracts & Agreements_111-2024 - Laserfiche WebLink

Home Browse Search

FIRST AMENDMENT TO AGREEMENT TO PERFORM PROFESSIONAL SERVICES This First Amendment ("First Amendment") to the agreement for supply of OEM Parker Hannifin Hydraulic Hoses and Accessories ("Agreement"), dated December 5, 2023, by and between the City of Redlands, a municipal corporation, and a general law city ("City"), and Bernell Hydraulics, Inc. a California corporation ("Contractor"), is made and entered into this 4th day of June 2024. RECITALS WHEREAS, it is the desire of the City and Contractor to amend their existing Agreement, specifically the payments to Contractor; NOW, THEREFORE, for good and valuable consideration in the receipt of which is hereby acknowledged City and Contractor agree as follows: AGREEMENT Section 1. Article 5 of the Agreement, entitled "Payments to Contractor," is hereby amended to read as follows: Compensation: The compensation for Contractor's performance of the Services shall not exceed the amount of One Hundred Fifty Thousand Dollars ($150,000) for the Services provided during the Initial Term. Should this Agreement be renewed, the compensation for Contractor's performance for the Services shall not exceed the amount of Three Hundred Seventy Thousand Dollars ($370,000) for the first Extended Term; and Three Hundred Seventy Thousand Dollars ($370,000) for the second Extended Term, bringing the total possible amount of compensation to a not -to -exceed amount of Eight Hundred Thousand Dollars ($890,000). For the Initial Term and each Extended Term, City shall pay Contractor on a time and materials basis up to the not to not - to -exceed amount in accordance with the rates specified in Exhibit "B," titled "Fee Schedule," which is attached hereto and incorporated herein by reference. Section 2. All other provisions of the Agreement shall remain unchanged by this First Amendment and in effect. [Signatures on next page] 1 T:\cmo\Agreements\First Amendment Bernell Hydraulics, Inc. FY23-0101.docx-ms