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HomeMy WebLinkAboutMaze & Associates (6)AMENDMENT NO.3 TO THE AGREEMENT BETWEEN THE TOWN OF LOS ALTOS HILLS AND MAZE & ASSOCIATES THIS AMENDMENT NO. 3 TO THE SERVICES AGREEMENT is made at Los Altos Hills, California, as of Februaiy46, 2021, by and between THE TOWN OF LOS ALTOS HILLS ("Town"), a municipal corporation, and Maze & Associates ("Contractor"), (sometimes referred together as the "Parties") who agree as follows: RECITALS A. On May 19, 2016, Town and Contractor entered that certain Services Agreement ("Agreement") whereby Contractor agreed to provide audit services to the Town. A true and correct copy of the Agreement and its exhibits is attached as Exhibit A. B. Town and Contractor now desire to amend the Agreement. NOW, THEREFORE, for and in consideration of the promises and other good and valuable consideration, the receipt and sufficiency of which are hereby acluiowledged, Town and Contractor hereby agree as follows: 1. All terms which are defined in the Agreement shall have the same meaning when used in this Amendment, unless specifically provided herein to the contrary. 2. Extension of Contract Term. The term of services identified in Section 3 of the Agreement is hereby modified as follows: The Agreement shall be terminated with the completion of audit services for the Town's fiscal year ending June 30, 2025. 3. Compensation. The compensation specified in Section 4(a) of the Agreement is hereby modified as follows: In accordance with the amount stated in the Contractor's proposal dated November 20, 2020, Town shall pay Contractor a not -to -exceed total amount of $238,912 according to the attached fee schedule, subject to any discount outlined in the Contractor's annual engagement letter. All other terms, conditions and provisions in the Agreement remain in frill force and effect. If there is a conflict between the terms of this Amendment and the Agreement, the terms of the Agreement will control unless specifically modified by this Amendment. [SIGNATURES ON THE FOLLOWING PAGE] Dated: TOWNOF O HILLS By: Carl Cahill, City Manager Approved as to Form: By: City Attorney Attested: By: City Clerk MAZE & A SOCIATE By; David Alvey, Vice President Dated: TOWN OF 0 HILLS B � Carl Cahill, City Manager Approved as to Form: By: City Attorney Attested: By: City Clerk MAZESUCIATES By: David Alvey, ice President November 20, 2020 Carl Cahill, Town Manager Town of Los Altos Hills 26379 Fremont Road Los Altos Hills, CA 94022 Dear Carl: Pursuant to the Town's recent request, coupled with the terms of the Town's most recent engagement letter dated January 21, 2020 we are pleased to offer to extend our audit contract to include the fiscal years ended June 30, 2021 to June 30, 2025 at the following prices: 2021 2022 2023 2024 2025 Comprehensive Annual Financial Report and Management Letter $43,100 $44,393 $45,725 $47,097 $48,510 GANN Limit Agreed Upon Procedures 700 721 743 765 788 Preparation of the Annual Report of 1,200 1,236 1,273 1,311 1,350 Total $45,000 $46,350 $47,741 $49,173 $50,648 (1) Out-of-pocket expenses are included in the standard hourly rate. We appreciate the opportunity and we look forward to continuing to improve our service to you. Yours very truly, A4* S,, Maze & Associates RESPONSE: If you agree By: Title: Date: e sign below and return a copy to our office. T 925.930.0902 Acoountanoy Corporation F 925.930.0135 3478 Buskirk Avenue, Sulte 215 r maze(Oniazeassociates.com Pleasant Hill, CA 94523 w mazeassoolates.00rn