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HomeMy WebLinkAboutContract 52263-A1 CSC No.52263-A1 AMENDMENT NO. 1 TO CITY OF FORT WORTH CONTRACT 52263 This Amendment is entered into by and between the City of Fort Worth (hereafter "City"), a home rule municipality, with its principal place of business at 200 Texas Street, Fort Worth, Texas, and LCPtracker, Inc. ("Vendor"), City and Vendor may be referred to individually as a Party and collectively as the Parties. WHEREAS, on May 7, 2019, the Parties entered into City Secretary Contract 52263 to provide software for auditing and reporting of Davis-Bacon Wage Rates on HUD-Grant-Funded construction projects ("Agreement/Contract"); WHEREAS, the parties have previously renewed the agreement for two additional one- year terms and the current term is set to expire on May 6, 2022; WHEREAS,the annual compensation for the Contract is based upon the dollar volume of the monitored construction contracts; and WHEREAS,the Parties wish to amend the Agreement to extend the terms of service, as well as increase the total amount in construction costs for which Wage Rates are monitored and reported. NOW,THEREFORE,City and Vendor hereby agree to amend the Contract as follows: 1. AMENDMENTS The term of the Contract is hereby extended to August 31, 2022. Additionally, the parties agree to increase the value of monitored construction contracts from $25,000,000.00 to $100,000,000.00. As a result, the annual fee will be increased to $16,214.61 per year. The parties further agree to amend the contract to authorize on-site and web-based trainings as needed, up to $3,000. Accordingly,the total compensation paid by City pursuant to the Contract shall be an amount not to exceed $19,214.61, annually. 2. ALL OTHER TERMS SHALL REMAIN THE SAME All other provisions of the Agreement which are not expressly amended herein shall remain in full force and effect. 3. OFFICIAL RECORD Amendment 1 to Contract 52263 CITY SECRETARY LCP Tracker,Inc. FT. WORTH, TX ELECTRONIC SIGNATURE This Amendment may be executed in multiple counterparts, each of which shall be an original and all of which shall constitute one and the same instrument. A facsimile copy or computer image, such as a PDF or tiff image, or a signature, shall be treated as and shall have the same effect as anoriginal. [Remainder of Page Intentionally Left Blank] Amendment 1 to Contract 52263 LCP Tracker,Inc. ACCEPTED AND AGREED: CITY OF FORT WORTH: CONTRACT COMPLIANCE MANAGER: By signing I acknowledge that I am the person C1— responsible for the monitoring and administration By Fernando Costa(Oct 18,202115:48 CDT) of this contract,including ensuring all Name: Fernando Costa performance and reporting requirements. Title: Assistant City Manager Date: By: APPROVAL RECOMMENDED: Name: Donlen Ruffin Title: Assistant Director,IT Solutions APPROVED AS TO FORM AND LEGALITY: By. Barbara Asbury(Oct 15,2021 :06 CDT) Name: Barbara Asbury - Title: Compliance and Planning Manager By: Name: Taylor Paris ATTEST: Title: Assistant City Attorney CONTRACT AUTHORIZATION: M&C: By: 1295: Name: Ronald P. Gonzales poo���R���a Title: Acting City Secretary a pI.-O-0.0-Aaa �v8 g=d 0 *% , LCP Tracker,Inc. �44?"Ai By: Kris Vinci[(Oct 13,202121:28 EDT) Name: Kris Vincil Title: Business Unit Director Date: OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Amendment 1 to Contract 52263 LCP Tracker,Inc.