Agmt21 MuniServices SUTA Continuation Agreement

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Exhibit B Proposal for Business License Compliance Services 6 Terms of the Proposed Agreement Local Tax Compliance Discovery Services MuniServices' compensation for providing Discovery Services will be a contingency fee of 30% of the additional revenue received by the City from the services under the new agreement. The 30% will apply to the current tax year, all eligible prior period revenues, and any applicable penalties, interest, and late charges. The contingency fee only applies to revenue actually received by the City. The term "current tax year" shall mean the most recent tax year for which local taxes are due and payable to the City, and in which MuniServices has identified deficiencies. Local Tax Compliance Audit Services MuniServices' compensation for the Audit Service will be a contingency fee of 30%. The 30% contingency fee will apply to revenue received by the City as a result of deficiencies identified in the review and will include any eligible prior period revenues together with all applicable penalties, interest and late charges. The City agrees to use reasonable and diligent efforts to collect deficiencies identified by MuniServices. Taxpayers' payments and MuniServices' Invoice Process The following section describes how MuniServices handles the taxpayers' payments and invoices the City for its fees. a. Taxpayers' payments received by MuniServices shall be deposited into a general escrow account maintained by MuniServices. The taxpayers' payments deposited into the escrow account shall be remitted to the City on a bi-weekly basis (typically on the 15th and by the last business day of each month) net of MuniServices' fees. b. MuniServices shall send to the City a remittance package no less frequently than once per month that shall contain the taxpayer business Iicense application, copy of the taxpayer payment, other supporting documents received from the taxpayer, a MuniServices generated report identifying each taxpayer payment received and the amount of MuniServices fees attributed to the taxpayer payment, a check made payable to the City for the amount of fees collected less MuniServices' fees, and an invoice showing our contingency fee. c. Should there be any disputed payments; MuniServices shall work with City to mutually resolve these issues. If the resolution results in City s favor, MuniServices shall refund the applicable portion of the fee to City within 10 days of resolution. Additional Consulting Services City may request that MuniServices provide additional consulting services at any time during term of the Agreement. If MuniServices and the City agree on the scope of the additional consulting services requested, then MuniServices shall provide the additional consulting services on a Time and Materials basis. Depending on the personnel assigned to perform the work, MuniServices' standard hourly rates range from $75 per hour to $200 per hour. ATTY/AGRI2015.1011MUN[SERVICE LL of Redwood City, California 4 ATTY/AGR.2020.268/MuniServices LLC (Page 32 of 35)