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HomeMy WebLinkAboutContract 44731-A1 (2)CITY SECRETARY CONTRACT MO. ► - �7 AMENDMENT NO. 1 TO CITY SECRETARY CONTRACT NO. 44731 PROFESSIOANL SERVICES AGREEMENT W.A. Waterman & Company WHEREAS, the City of Fort Worth (hereafter "City") and W.A. Waterman & Company, entered into City Secretary Contract No. 44731, ("Contract") on or about August 14, 2013; and WHEREAS, the Contract involves providing professional consulting services for the purpose of performing an audit of gas royalty payment and production information related to the Spinks and Rall Unit gas wells located in Fort Worth, Texas; and WHEREAS, the parties now wish to amend the Contract to extend the Term and increase the consulting fees in order for Consultant to provide additional professional consulting services for the purpose of performing an audit of gas royalty payment and production information related to the Meacham Airport Unit gas wells located in Fort Worth, Texas. NOW, THEREFORE, City and Consultant, acting herein by and through their duly authorized representatives, enter into this Amendment No. 1 to City Secretary Contract No. 44731 ("Amendment") as follows: 1. Section 1, Scope of Services, is hereby amended to provide for additional consulting services for performing an audit of gas royalty payment and production information related to the Meacham Airport Unit gas wells located in Fort Worth, Texas, as more specifically set forth in Exhibit A-1, which is attached hereto and incorporated into the Contract for all purposes. 2. Section 2, Term, is hereby amended to extend the Term of the Contract to expire March 31, 2015. Amendment No. 1 to CSC No. 44731 W.A. Waterman & Company Page 1 of 3 OFFICIAL RECORD; CITY SECRETARY FT. WORTH, TX Execution Copy Issued 3.6.2014 RECEIVED MAY 2 2 71114 3. Section 3, Compensation, is hereby amended to increase the compensation by $15,535.00 for a maximum contract amount of $57,035.00. 4. All other provisions of the Contract that are not expressly amended herein shall remain in full force and effect. ACCEPTED AND AGREED: CITY OF FORT WORTH: By:(. CCharles W. Daniels Assistant City Manager Date: 05. ZZ . /¢ AT Mary Kayser City Secretary APPROVED AS TO FORM AND LEGALITY: By, Maleshia B. Farmer Sr. Assistant City Attorney Contract Authorization M&C: Approved: Amendment No. 1 to CSC No. 44731 W.A. Waterman & Company Page 2 of 3 W.A. Waterman & Company By: Name: /f' laeP'zWJr1st-vtj Title: Date: ,//2 y I3, 20f y: Name: Title: Execution Copy Issued 3.6.2014 ©FFICUAL W C©RAJ ©NV • FE, MTP,,fiv 5r g EXHIBIT A-1 STATEMENT OF WORK Consultant agrees to provide Gas Royalty Consulting services, in accordance with the highest professional industry standards, in performing an audit of gas royalty payment and production information related to the Meacham Airport Unit gas wells located in Fort Worth, Texas. These services will consist of providing the following: • Develop audit program, and on -going analysis of gas royalty revenues • Analysis and review of applicable gas royalty lease • Training of Internal Audit Department staff assigned to this audit Consultant is expected to notify Internal Audit Department staff and management of any issues and/or situations that may impact completion of the above -mentioned services. Any significant issues and/or problems noted during the performance of this Agreement should also be discussed with Internal Audit Department management to ensure the City receives the end product contracted for pursuant to the Contract. Amendment No. 1 to CSC No. 44731 W.A. Waterman & Company Page 3 of 3 Execution Copy Issued 3.6.2014