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HomeMy WebLinkAboutExhibit 1 SUB1/ Uv? 6'a mil ®, arnen - ADDENDUM TO PROFESSIONAL SERVICES AGREEMENT REGARDING OWNER CONTROLLED INSURANCE PROGRAM This Addendum to the Professional Services Agreement dated December 11, 2009 ("PSA"), by and between the City of Miami, a Florida municipal corporation of the State of Florida whose principal business address is 444 Southwest 2r'a Avenue, 9a' Floor, Miami, Florida 33130 ("City"), and Brown & Brown of Florida, Inc., a Florida corporation whose principal business address is 220 South Ridgewood Avenue, Daytona Beach, Florida 32114 ("Provider"), is entered into as of this day of , 2009 ("Addendum"). RECITALS: WHEREAS, pursuant to Resolution No. R-08-0005 adopted on January 10, 2008, the City selected Provider for insurance brokerage services and agreed to enter the PSA which, among other things, authorized Provider to secure certain lines of property and liability insurance coverage; and WHEREAS, the City now desires Provider to negotiate and facilitate an Owner Controlled Insurance Program ("OCIP") for the municipal parking garage project (the "Project") to be located in the proximity of 1501 N.W. 3 Street in Miami, Florida which has an estimated total insured value of approximately $110,000,000. NOW, THEREFORE, in consideration of the above recitals, promises, and for other good and valid consideration, the parties hereto agree as follows: 1. The foregoing recitals are true and correct and hereby incorporated into and made a part of this OCIP Addendum. 2. The OCIP is an additional service, permissible pursuant to the Request for Letters of Interest (RFLI No. 06-07-001) and the resulting PSA. 3. The City's amendment of the PSA by this OCIP Addendum does not constitute a waiver of any provision of the PSA or of any provision of any subsequent addenda. 4. Section 4, Scope of Service, and Attachment "A" of the PSA are amended to specifically include the administrative services of placing, procuring and effectuating an OCIP for the Project. 5. Section 5, Compensation, and Attachment `B" of the PSA are amended to specifically include the administrative services of placing, procuring and effectuating an OCIP for the Project. Compensation for the administrative services related to the OCIP is in addition to acrdriot withstands g any other fees provided unde"lie Pro-essional-Servicesgrit. NOW, THEREFORE, IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by the respective officials thereunto duly authorized, this day and year first written above. MoD )V" * Cin -t -i-T-7 s ATTEST: BROWN & BROWN OF FLORIDA, INC., - Daytona Beach Office, a Florida corporation By: 77 Name: �ywy,cr Name: �o/e. dl/ �. Title: 4 5,, Title: a- G�=� (Affix Corporate Seal) (Authorized Corporate Officer) ATTEST: Priscilla A Thompson, City Clerk APPROVED AS TO FORM AND CORRECTNESS: Julie 0. Bru, City Attorney Ar� 206164 CITY OF MIAMI, a Florida municipal corporation Carlos A. Mgoya,:, City Manager APPROVED AS TO INSURANCE RE I NTS: LeeAnn R. Brehm, Risk Management Director Page 2 of 6 --ADDENDUM TO PROFESSIONAL SERVICES AGREEMENT REGARDING OWNER CONTROLLED INSURANCE PROGRAM his Addendum to the Professional Services Agreement dated , 2009 ("PSA"), by and between the City of Miami, a Florida municipal corporation whose principal business a dress is 444 Southwest 2nd Avenue, 9h Floor, Miami, Florida 33130 (hereinafter referred to s "City"), and Brown & Brown of Florida, Inc., a Florida corporation whose principal busi ess address is 220 South Ridgewood Avenue, Daytona Beach, Florida 32114 (hereinafter ref {red to as "Provider"), is entered into as of this day of , 2009. RECITALS: WHEREAS, p uant to Resolution No. R-08-0005 adopted on January 10, 2008, the City selected Provider fo insurance brokerage services and agreed to enter the PSA which, among other things, authori d Provider to secure certain lines of property and liability insurance coverage; and WHEREAS, the City n w desires Provider to negotiate and facilitate an Owner Controlled Insurance Program ("O") for the municipal parking garage project (the "Project") to be located in the proximity of 150 N.W. 3 Street in Miami, Florida which has an estimated total insured value of approximately $1 ,000,000. NOW, THEREFORE, in cons: good and valid consideration, the parties I . The foregoing recitals are true a part of this OCIP Addendum. n of the above recitals, promises, and for other agree as follows: and hereby incorporated into and made 2. The OCIP is an additional service, permi Bible pursuant to the Request for Letters of Interest (RFLI No. 06-07-001) and the resulting PSA. \ 3. The City's amendment of the PSA by this O IP Addendum, does not constitute a waiver of any provision of the PSA or of any provision of an ubsequent addenda. 4. Section 4, Scope of Service, and Attachment " " of the PSA are amended to specifically include the placement, procurement and effectuatio of an OCIP for the Project including, but not limited to, retaining and sub -contracting for ad inistrative services for the OCIP. 5. Section 5, Compensation, and Attachment "B" of theSA are amended to specifically include the placement, procurement and effectuation of an CIP for the Project including, but not limited to, retaining and sub -contracting for administrate e services for the OCIP. fjo _?� 0 �_ /1 7 7 / NOW, TH instrument to be e> first written above. ATTEST: Name: Title: (Affix Corporate Seal) ATTEST: )RE, IN WITNESS WHEREOF, the parties hereto have caused this by the respective officials thereunto duly authorized, this day and year Priscilla A Thompson, City Clerk APPROVED AS TO FORM AND CORRECTNESS: Julie 0. Bru, City Attorney BROWN & BROWN OF FLORIDA, INC., - Daytona Beach Office, a Florida corporation Name: Title: (Authorized Corporate Officer) OF MIAMI, a Florida municipal corporation G. Hernandez, City Manager APPROVED LeeAnn Brehm, Page 2 of 2 181490 TO INSURANCE Director