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HomeMy WebLinkAboutEide Bailly (2)FIRST AMENDMENT TO AGREEMENT BETWEEN THE TOWN OF LOS ALTOS HILLS AND EIDE BAILLY, LLP FOR ACCOUNTING ASSISTANCE FOR FISCAL YEAR ENDING JUNE 30, 2024 THIS FIRST AMENDMENT ("Amendment") is made and entered into on this 28`' day of September 2023, by and between the Town of Los Altos Hills ("Town") and Eide Bailly, LLP ("Contractor"). Town and Contractor are sometimes collectively referred to as "Parties" hereinafter. RECITALS WHEREAS, the Town and Contractor previously entered into an agreement for accounting assistance dated August 7, 2023; and WHEREAS, the initial agreement had a not to exceed limit of Sixty Thousand dollars and no cents ($60,000.00) and consisted of the accounting services such as, but not limited to, bi-weekly payroll, accounts payable, accounts receivable, and yearend audit paperwork; and WHEREAS, the Town is now interested in extending the use of the Contractor to help bridge the gap in staff while recruitment is underway; and WHEREAS, to account for extending the contract, the not to exceed limit of the agreement shall be increased to One Hundred Thousand dollars and no cents ($120,000.00); and WHEREAS, the Parties desires to amend the Agreement as described herein. NOW, THEREFORE, in consideration of this First Amendment, the mutual promises, covenants, and stipulations herein contained, the parties hereto agree to amend the Agreement as follows: 1. Amendments to Agreement. The following portions and sections of the Agreement, as amended, are hereby amended as follows, with additions in bold italics and deletions in : a. Amendments to Section 4.a. TOWN shall pay CONTRACTOR an amount not to exceed Sixty dollars and no eents ($ 60,000. 00) One Hundred Twenty Thousand dollars and no cents ($120,000.00) within thirty (30) days following receipt of invoice and completion/ delivery of services/ goods as detailed in Sections 1, 2, and 3 of this Agreement and only upon satisfactory delivery/completion of goods/services in a manner consistent with professional/ industry standards for the area in which CONTRACTOR operates. TOWN is not responsible for paying for any work done by CONTRACTOR or any subcontractor above and beyond the not to exceed amount. [SIGNATURE PAGE FOLLOWS] IN WITNESS WHEREOF, this Amendment has been executed as of the date set forth above. Town of Los Altos Hills AGREED: e-.)2t�� e-))r'�n�iar�l Peter Pirnejad (Oct 12, 2023 23:44 PDT) Peter Pirnejad City Manager 0 Eide Bailly LLP AGREED: 10.09.23 B;adf'ord"RQckabrand Partner 10.09.23 - Town of Los Altos Hills Agreement - First Amendment (EB Signed) Final Audit Report 2023-10-13 Created: 2023-10-10 By: Cody Einfalt (ceinfalt@losaltoshills.ca.gov) Status: Signed Transaction ID: CBJCHBCAABAAYGCKf1e2CVnjLppwwxOeMPTMQgUmgL7- "10.09.23 - Town of Los Altos Hills Agreement - First Amendmen t (EB Signed)" History Document created by Cody Einfalt (ceinfalt@losaltoshills.ca.gov) 2023-10-10 - 4:22:19 PM GMT Document emailed to ppirnejad@losaltoshills.ca.gov for signature 2023-10-10 - 4:22:37 PM GMT Email viewed by ppirnejad@losaltoshills.ca.gov 2023-10-12 - 5:18:06 AM GMT &0 Signer ppirnejad@losaltoshills.ca.gov entered name at signing as Peter Pirnejad 2023-10-13 - 6:44:40 AM GMT d4 Document e -signed by Peter Pirnejad (ppirnejad@losaltoshills.ca.gov) Signature Date: 2023-10-13 - 6:44:42 AM GMT - Time Source: server Agreement completed. 2023-10-13 - 6:44:42 AM GMT Adobe Acrobat Sign