4357 Amendment One_KP Ventures
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Page 1 of 2 City Clerk Document No. City Council Meeting Date: August 17, 2023 AMENDMENT TO CITY OF CHANDLER AGREEMENT WATER AND WASTEWATER EQUIPMENT MAINTENANCE AND REPAIR SERVICES CITY OF CHANDLER AGREEMENT NO. PW2-936-4357 THIS AMENDMENT NO. 1 (Amendment No. 1) is made and entered into by and between the City of Chandler, an Arizona municipal corporation (City), and KP Ventures Well Drilling & Pump Co., LLC, (Contractor), (City and Contractor may individually be referred to as Party and collectively referred to as Parties) and made _________________, 2023. RECITALS WHEREAS, City Council approved the award of multiple Agreements for water and wastewater equipment maintenance and repair services (Agreement); and WHEREAS, the term of the Agreement was September 1, 2021, through August 31, 2023, with the option of up to two additional two-year extensions; and WHEREAS, the City wishes to extend the term of the multiple Agreements for water and wastewater equipment maintenance and repair services in an amount not to exceed $12,570,000 for the extension term; and WHEREAS, the Parties wish to exercise the first option through this Amendment No. 1 to extend the Agreement for two years. AGREEMENT NOW THEREFORE, the Parties agree as follows: 1. The recitals are accurate and are incorporated and made a part of the Agreement by this reference. 2. Section III, Period of Service is amended to read as follows: The term of the Agreement is extended for a two-year period September 1, 2023, through August 31, 2025. DocuSign Envelope ID: 2A203619-421D-4686-929C-F0D34BCC2909 Page 2 of 2 3. Section IV, Payment of Compensation and Fees is amended to read as follows: The City will pay the Contractor the per unit cost set forth in Exhibit B of the original Agreement, which is incorporated into and made a part of this Amendment No. 1 by this reference. Total payments made to the Contractor during the term of this Amendment No. 1 will not exceed $12,570,000. 4. All other terms and conditions of the Agreement remain unchanged and in full force and effect. If a conflict or ambiguity arises between this Amendment No. 1 and the Agreement, the terms and conditions in this Amendment No. 1 prevail and control. IN WITNESS WHEREOF, the Parties have entered into this Amendment on the Effective Date. FOR THE CITY FOR THE CONTRACTOR By: _________________________________________ By: _________________________________________ Its: _________Mayor__________________________ Its: _________________________________________ APPROVED AS TO FORM: By: _________________________________________ City Attorney ATTEST: By: _________________________________________ City Clerk DocuSign Envelope ID: 2A203619-421D-4686-929C-F0D34BCC2909 COO