HomeMy WebLinkAboutContract 52263-A7R5CSC No. 52263-A7R5
AMENDMENT NO.7 & RENEWAL NO.5
TO CITY OF FORT WORTH CONTRACT 52263
This Amendment and Renewal is entered into by and between the City of Fort Worth
(hereafter "City"), a home rule municipality, and LCPtracker, Inc. ("Vendor"). City and Vendor
may be referred to individually as a Parry and collectively as the Parties.
WHEREAS, on May 7, 2019, the Parties entered into City Secretary Contract 52263 for
Vendor to provide software for auditing and reporting of Davis -Bacon Wage Rates on HUD -Grant -
Funded construction projects ("Agreement");
WHEREAS, the Agreement allows for annual renewals and the most recent written
renewal between the Parties expired on May 6, 2023;
WHEREAS, the Parties continued operating under the same terms and conditions of the
Agreement for Renewal Period 4 (May 7, 2023 to May 6, 2024), continue to operate under the
same terms and conditions today, and intended to renew the Agreement;
WHEREAS, the City and Vendor now wish to memorialize their intent to renew the
Agreement for an additional term, specifically from May 7, 2024 to May 6, 2025 ("Fifth Renewal
Term");
WHEREAS, the annual compensation due under the Agreement is partly based upon the
dollar volume of monitored construction contracts and the related service fee;
WHEREAS, the Parties wish to amend the Agreement to reflect the dollar volume of
monitored contracts and the related service fee for Renewal Period 4 and the current Renewal
Period 5;
WHEREAS, the second component of the annual compensation due under the
Agreement is for fees related to on -site and web -based trainings; and
WHEREAS, the Parties wish to amend the Agreement to reflect the amounts allocated
under the Agreement for on -site and web -based trainings for Renewal Period 4 and the current
Renewal Period 5.
follows:
NOW, THEREFORE, City and Vendor hereby agree to amend the Agreement as
1.
AMENDMENTS
The Parties agree that for Renewal Period 4 (May 7, 2023-May 6, 2024) the value of
monitored construction contracts was increased to $400,000,000.00 and the annual fee for this
service was increased to $30,754.20. The Parties agree that for Renewal Period 5 (May 7, 2024-
Amendment 7/Renewal 5 to CSCO 52263 OFFICIAL RECORD
LCP Tracker, Inc. CITY SECRETARY
FT. WORTH, TX
May 6, 2025) the value of monitored construction contracts is decreased to $200,000,000.00 and
the annual fee for this service is decreased to $26,836.27.
The Parties agree that for Renewal Period 4 (May 7, 2023-May 6, 2024), the total amount
of funds allocated for on -site and web -based trainings was $2115.59. The Parties agree that for
Renewal Period 5 (May 7, 2024-May 6, 2025), the total amount of funds allocated for on -site and
web -based trainings is $2750.63.
Accordingly, the total compensation paid by City pursuant to the contract shall be an
amount not to exceed $50,000.00 annually.
2.
RENEWAL
The Parties agree to renew the Agreement for an additional one year -term beginning May
7, 2024 and expiring on May 6, 2025 ("Fifth Renewal Term"), unless earlier terminated in
accordance with the terms of the Agreement.
3.
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.
4.
ELECTRONIC SIGNATURE
This Amendment and Renewal 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 7/Renewal 5 to CSCO 52263
LCP Tracker, Inc.
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CITY OF FORT WORTH:
By: C�4�
Name: Jesica McEachem
Title: Assistant City Manager
Date: Nov 13, 2024
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By:
Name:
Kacey Bess
Title:
Director, Neighborhood Services
ATTEST:
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By:
Name:
Jannette Goodall
Title:
City Secretary
LCP Tracker, Inc.
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By: Kris Vinci (Oct 25, 202415:06 EDT)
Name: Kris Vincil
Title: Business Unit Director
Date:
Amendment 7/Renewal 5 to CSCO 52263
LCP Tracker, Inc.
CONTRACT COMPLIANCE MANAGER:
By signing I acknowledge that I am the person
responsible for the monitoring and administration
of this contract, including ensuring all
performance and reporting requirements.
By: L."'ti Pa�
Name: Leticia Rodriguez
Title: Contract Services Administrator
APPROVED AS TO FORM AND LEGALITY:
4 ii
Name: Jessika Williams
Title: Assistant City Attorney
CONTRACT AUTHORIZATION:
M&C: N/A
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX