Loading...
CONTRACT 5346D AmendmentAgreement No. 5346D FOURTH AMENDMENT TO PROFESSIONAL SERVICES AGREEMENT BETWEEN THE CITY OF EL SEGUNDO AND PROSUM, INC. THIS FOURTH AMENDMENT ("Amendment") is made and entered into this 1 st day of February, 2021, by and between CITY OF EL SEGUNDO, a general law city and municipal corporation existing under the laws of California ("CITY"), and PROSUM, INC., a California Corporation ("CONSULTANT"). 1. Pursuant to Paragraph 35 of Professional Services Agreement No. 5346 ("Agreement"), Paragraph 1 of the Agreement is amended to increase the amount of the total compensation paid to CONSULTANT by the amount of Three Hundred Fifty Thousand Dollars ($350,000.00), so that the total amount of the Agreement, as amended, for CONSULTANT's services must not exceed a total of Two Million One Hundred Fifty Thousand Dollars ($2,150,000). 2. Pursuant to Paragraph 35 of the Agreement, CONSULTANT and CITY desire to extend the term of the Agreement. Effective April 1, 2021, the term of the Agreement will be extended an additional three (3) months, so that the Agreement, as amended, will now expire on June 30, 2021, unless terminated as set out in Paragraph 16 of the Agreement. This Amendment may be executed in any number of counterparts, each of which will be an original, but all of which together constitutes one instrument executed on the same date. 4. Except as modified by this Amendment, all other terms and conditions of the Agreement will remain the same. [SIGNATURES ON FOLLOWING PAGE] Agreement No. 5346D IN WITNESS WHEREOF the parties hereto have executed this Amendment the day and year first hereinabove written. CITY OF EL SEGUNDO, a geii raI law city Cott Mitnick, '--EM City Manager ATTEST: 1,a C, Clc 1-1) APPROVED AS TO FORM: —&for Mark D. Hensley, City Attorney PROSUM, INC. a California corporation Tyner, VP Business Development Taxpayer ID No.: 33-0776224