HomeMy WebLinkAboutexhibitFIRST AMENDMENT AND EXTENSION TO
PROFESSIONAL SERVICES AGREEMENT
This First Amendment to the Professional Services Agreement entered into as of
the day of 2005, but effective as of February 28, 2005, (hereinafter referred
to as the "Amendment") by and between the City of Miami, a municipal corporation of
the State of Florida (hereinafter referred to as "the City") and Brown and Brown, Inc., a
Florida corporation ("Provider").
RECITALS:
WHEREAS, the City issued an RFLI No. 02-03-032 for Insurance Brokerage
Services for a contract to be established for one (1) year, with the City's option to extend
said contract for four (4) additional one (1) year periods.
WHEREAS, the City Commission, via Resolution No. 03-228 adopted on
February 27, 2003, approved the selection of Brown and Brown as the top ranked firm
and authorized the City to negotiate an agreement with Brown and Brown pursuant to
RFLI 02-03-032.
WHEREAS, the City Commission, via Resolution No. 03-515, adopted on May
22, 2003, authorized the City Manager to execute an agreement for one (1) year for the
2003-2004 period, with the option to extend for one (1) additional year for the 2004-2005
period (referred to hereinafter as the "Original Agreement").
WHEREAS, following the execution of the Original Agreement with Brown and
Brown, Inc. dated September 5, 2003, but effective as of February 28, 2003,and the
exercising by the City of its sole option to renew the Original Agreement for the 2004-
2005 period, the City is now seeking to amend and to extend the existing Original
Agreement for one (1) year for the 2005-2006 period, with the City's sole option for one
(1) additional year for the 2006-2007 period, for a total contracted term of the Original
Agreement as amended and extended by this Amendment not to exceed four (4) years, as
authorized by the originating RFLI.
NOW, THEREFORE, in consideration of the above promises and for other good
and valid consideration, the parties hereto agree as follows:
1. Brown and Brown, Inc., as Provider, agrees to this Amendment and
extension of the Original Agreement at the same terms, conditions and costs.
Provider's corporate resolution authorizing its entering into this Amendment is
attached hereto as Exhibit A
2. Both parties agree to extend the Original Agreement for one (1) year
commencing on February 28, 2005 ending on February 27, 2006, and agree to
one (1) additional optional year for the 2006-2007 period, at the sole option of
the City, acting by its City Manager.
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3. The Original Agreement is hereby amended to allow the City Manager to
approve a 2006-2007 period extension to the Original Agreement, if any,
without further City Commission approval.
4. Except as expressly amended by the provisions hereof, the terms and
conditions contained in the Original Agreement shall continue to govern the
rights and obligations of the Parties and all provisions in the Original
Agreement shall remain in full force and effect as stated therein, except to the
extension specifically modified by the provisions of this Amendment, and as
such are hereby ratified and reaffirmed.
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 above written.
ATTEST: BROWN AND BROWN, INC, a
Florida corporation
BY:
Name:
CORPORATE SECRETARY
BY:
JIM W. HENDERSON, PRESIDENT
ATTTEST: CITY OF MIAMI, a municipal
corporation of the State of Florida
BY:
PRISCILLA A. THOMPSON JOE ARRIOLA, CITY MANAGER
CITY CLERK
Approved as to Form and Correctness:
JORGE L. FERNANDEZ, CITY ATTORNEY
Approved as to the Insurance Requirements:
DANIA F. CARRILLO
RISK MANAGEMENT ADMINISTRATOR
Exhibit A — Corporate Resolution of Brown & Brown, Inc.