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Agmt17 R&B Company
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Agmt17 R&B Company
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Entry Properties
Last modified
2/4/2020 5:05:01 PM
Creation date
2/22/2017 10:29:05 AM
Metadata
Fields
Template:
Agreement
Contractor Name
R&B Company
PROJECT NAME
Utility System Supplies Purchasing
RMP File Number
304
Date
2/22/2017
MO Ref
17-024
Amendment
Yes
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ORIGINAL <br />AMENDMENT NO. 3 TO PURCHASE AGREEMENT <br />R&B Company <br />This Amendment No. 3 (the "Amendment No. 3") is entered into and effective as <br />of February 22, 2020, by and between the City of Redwood City, a charter city and <br />municipal corporation of the State of California ("City"), and R&B Company ("Vendor") <br />(collectively, the "Parties"). <br />RECITALS <br />A. The Parties previously executed that certain Purchase Agreement for <br />Goods, Commodities, and Services, dated as of February 22, 2017, (the "Original <br />Agreement'). <br />B. The Parties previously executed Amendment No. 1 to the Original <br />Agreement ("Amendment No. 1"), dated as of June 15, 2018. <br />C. The Parties then executed Amendment No. 2 to the Original Agreement <br />("Amendment No. 2"), dated as of February 22, 2019 (the Original Agreement and <br />Amendments Nos. 1 and 2 are collectively known as the "Agreement'). <br />D. The Parties have negotiated and agreed to the terms and conditions set <br />forth in this Amendment No. 3, including any terms and conditions of the attached Exhibit <br />"A", incorporated herein by reference. <br />NOW, THEREFORE, in consideration of these recitals and the mutual covenants <br />contained herein, the Parties agree as follows: <br />1. City will pay Vendor a not -to -exceed amount of Four Hundred Sixty <br />Thousand Five Hundred Twenty -One Dollars ($460,521) for the purchase of Goods and <br />Services on a cost per material basis, as described in Exhibit "A", which sum will include <br />all costs or expenses incurred by Vendor. Including all amendments through Amendment <br />No. 3, the total amount payable under the Agreement will be a not -to -exceed amount of <br />One Million Seven Hundred Fourteen Thousand Six Hundred Thirty -Three Dollars and <br />Forty -Three Cents ($1,714,633.43). <br />2. Unless terminated earlier, the term of this Agreement will be a period of <br />four years from the Effective Date, expiring February 22, 2021. <br />3. All other provisions of the Agreement will remain in full force and effect. <br />4. All requisite insurance policies to be maintained by Vendor pursuant to the <br />Agreement will include coverage for this Amendment. <br />5. The individuals executing this Amendment and the instruments referenced <br />in it on behalf of Vendor each represent and warrant that they have the legal power, right <br />and actual authority to bind Vendor to the terms and conditions of this Amendment. <br />REV: 01-24-20 MI <br />ATTY/AGR.Amend No. 3/R&B Company (Page 1 of 16) <br />
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