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AssetWorks - 2017 AgreementAGREEMENT FOR SERVICES (For contracts over $5,000 — NON - DESIGN, NON - ENGINEERING TYPE CONTRACTOR) This AGREEMENT made this 14 day ofDecember, 2016 between: CITY: City of Gilroy, having a principal place of business at 7351 Rosanna Street, Gilroy, California and CONTRACTOR: AssetWorks LLC, having a principal place of business at 6404 Sui Blvd... te 750. Los Angeles, CA 90048. ARTICLE 1. TERM OF AGREEMENT This Agreement will become effective on September 15, 2017 and will continue in effect through September 15, 2020 unless terminated in accordance with, the provisions of Article: 7 of this Agreement. Any lapse in insurance coverage as required by Article 5, Section D of this Agreement shall terminate this Agreement regardless of any other provision stated herein. . Initial ARTICLE 2. INDEPENDENT CONTRACTOR STATUS It is the express intention of the parties that CONTRACTOR is an independent contractor and not an employee, agent, joint venturer or partner of CITY. Nothing in this Agreement shall be interpreted or construed as creating or establishing the relationship of employer and employee between CITY and CONTRACTOR or any employee or agent of CONTRACTOR. Both parties acknowledge that CONTRACTOR is not an employee for state or federal tax purposes. CONTRACTOR shall. not be entitled to any of the rights or benefits afforded to CITY'S employees,. including, without limitation, disability or unemployment insurance, workers' compensation, -medical insurance, sick leave, retirement benefits or any other employment benefits. CONTRACTOR shall retain the right to perform services for others during the term of this Agreement. ARTICLE 3. SERVICES TO BE PERFORMED BY CONTRACTOR A. Specific Services CONTRACTOR agrees to: Perform the services as outlined in Exhibit "A" ( "Specific Provisions') and Exhibit °B" ( "Scope of Services'), within the time periods described in Exhibit KC" ("Milestone Schedule'). B. Method of Performing Services CONTRACTOR shall determine the method, details and means of performing the above - described services. CITY shall have no right to, and shall not control the manner or determine the method of accomplishing CONTRACTOR'S services. 4835- 2267 -0361v1 -1- LAC104706M C. Employment of Assistants CONTRACTOR. may, at the- CONTRACTOR'S own expense, employ such assistants as CONTRACTOR deems necessary to perform the services required of CONTRACTOR by this Agreement, subject to the prohibition against assignment. and subcontracting contained in Article 5 below. CITY may not control, direct, or supervise CONTRACTOR'S assistants in the performance of those services. CONTRACTOR assumes full and sole responsibility for the payment of all compensation and expenses of these assistants and for all state and federal income tax, unemployment insurance, Social Security, disability insurance and other, applicable withholding. D. Place of Work CONTRACTOR shall perform the services required by this Agreement at any place or location and at such times as CONTRACTOR shall determine is necessary to properly and timely perform CONTRACTOR'S services. ARTICLE 4. COMPENSATION A. Consideration In consideration for the services to be performed by CONTRACTOR, CITY agrees to pay CONTRACTOR the amounts set forth in Exhibit "D" ("Payment Schedule'). In no event however shall the total compensation paid to CONTRACTOR exceed $19,100. B. Invoices CONTRACTOR shall submit invoices for all services rendered. C. Payment Payment shall be due according to the payment schedule set forth in Exhibit "D ". No payment will be made unless CONTRACTOR has first provided City with a written receipt of invoice descri bing. the work performed. and any approved direct expenses (as provided for in Exhibit "A ", Section M incurred during the preceding period. If CITY objects to all or any portion of any invoice, CITY shall notify CONTRACTOR of the objection within thirty (30) days, from receipt of the invoice, give reasons for the objection, and pay that portion of the invoice not in dispute. It shall riot constitute a default or breach of this Agreement for CITY not to pay any invoiced amounts to which it has objected until the objection has been resolved by mutual agreement of the parties. D. Expenses performance of services. for_ CITY, including but not limited to, all costs of equipment used CONTRACTOR shall be responsible for all costs and expenses incident to the or provided by CONTRACTOR, all fees, fines, licenses, bonds or taxes required of or imposed against CONTRACTOR and all other of CONTRACTOR'S costs of doing business. CITY shall not be 4835- 2267 -0361 v1 _2_ LAC104706083 responsible for any expenses incurred by CONTRACTOR in performing services for CITY, except for those expenses constituting "direct expenses" referenced on Exhibit "A." ARTICLE 5. OBLIGATIONS OF CONTRACTOR A. -Tools and Instrumentalities CONTRACTOR shall supply all tools and instrumentalities required to perf m the services under this Agreement at its sole cost and expense. CONTRACTOR is not required to purchase orrent any tools, equipment or services from. CITY. ' B. Workers' Compensation CONTRACTOR agrees to provide workers' compensation insurance for CONTRACTOR'S employees and agents and agrees to hold harmless, defend with counsel acceptable to CITY and indemnify CITY, its officers, representatives, agents and employees from and against any and all claims, suits, damages, costs; fees, demands, causes of action, losses, liabilities and expenses, including without limitation reasonable attorneys' fees, arising out of any injury, disability; or death of any of CONTRACTOR'S employees. C. Indemnification of Liability, Duty to Defend As to all liability, to the fullest extent permitted by law, CONTRACTOR shall defend, through counsel approved by CITY (which ;approval shall not be unreasonably withheld), indemnify and hold harmless CITY, its officers, representatives, agents and employees against any and all suits, damages; costs, fees, claims,. demands, causes of action, losses, liabilities and expenses, including without limitation attorneys'. fees, arising or resulting directly or indirectly from any act. or omission of CONTRACTOR or CONTRACTOR'S assistants, employees or agents, including all claims:relating to the injury or death of any person or damage to any property. D. Insurance In addition to any other obligations under this Agreement, CONTRACTOR shall, at no cost to CITY, obtain and maintain throughout the term of this Agreement: (a) Commercial Liability Insurance on a. per occurrence basis, including coverage for owned and non -owned automobiles, with a minimum combined single limit coverage of $1,000,000 per occurrence for all damages due to bodily injury, sickness or disease, or death to any person, and damage to property, including the loss of use thereof. As a condition precedent to CrI Y'S obligations under this Agreement, CONTRACTOR. shall finnish written evidence of such coverage (naming CITY, its officers and employees as additional insureds on the Comprehensive Liability insurance policy referred to in (a) immediately above via a specific endorsement) and requiring tturty (30) days written.notice of policy lapse or cancellation, or of.a material change in.policy terms. 4M- 2267-03610 -3- LAM04706083 E. Assignment Notwithstanding any other provision of this Agreement, neither this Agreement nor any duties or obligations of CONTRACTOR under this Agreement may be assigned or subcontracted by CONTRACTOR without the prior written consent of CITY, which CITY may withhold in its sole and absolute discretion. F. State and Federal Taxes As CONTRACTOR is not CITY'S employee, CONTRACTOR shall be responsible for paying all required state and federal taxes. Without limiting the foregoing, CONTRACTOR acknowledges and agrees that: A CITY will not withhold FICA (Social Security) from CONTRACTOR'S payments; • CITY will not make state or federal unemployment insurance contributions on CONTRACTOR'S 'behalf; • CITY will not withhold state or federal income tax from payment to CONTRACTOR; s CITY will not make disability insurance contributions on behalf of CONTRACTOR; Y CITY will not obtain workers' compensation insurance on behalf of CONTRACTOR. ARTICLE 6. OBLIGATIONS OF CITY A. Cooperation of 'City CITY agrees to respond to all reasonable requests of CONTRACTOR and provide access, at reasonable times following receipt by CITY of reasonable notice,, to all documents reasonably necessary to the performance of CONTRACTOR'S duties under this Agreement. 13. Assignment CITY may assign this Agreement or any duties or obligations thereunder to a successor governmental entity without the consent of CONTRACTOR. Such assignment shall not release CONTRACTOR from any of CONTRACTOR'S duties or obligations under this Agreement. ARTICLE 7. TERMINATION OF AGREEMENT A. Sale of CONTRACTOR's Business/ Death. of CONTRACTOR. CONTRACTOR shall notify CITY of the proposed sale of CONTRACTOR's business. no later than thirty (30) days prior to any such sale. CITY shall have the option of terminating this Agreement within thirty (30) days after receiving such notice of sale. Any such CITY termination pursuant to this Article 7.A shall be in writing and sent to the address for notices to CONTRACTOR set forth in Exhibit A, Subsection V.H., no later than thirty (30) days after CITY' receipt of such notice of sale. 4835 - 2267.03610 ' LAGW4706083 If CONTRACTOR is an individual, this Agreement shall be deemed automatically terminated upon death of CONTRACTOR. B. Termination by City for Default of CONTRACTOR Should CONTRACTOR default in the performance of this Agreement or materially breach any of its provisions, CITY, at CITY'S option, may terminate this Agreement by giving written notification to CONTRACTOR. For the purposes of this section, material breach of this Agreement shall include, but not be limited to the following: 1. CONTRACTOR'S failure to professionally and/or timely perform any of the services contemplated by this Agreement. 2. CONTRACTOR'S breach of any of its representations, warranties or covenants contained in this Agreement. CONTRACTOR shall be entitled to payment only for work completed in accordance with the terms of this Agreement through the date of the termination notice, as reasonably determined by CITY, provided that such payment shall not exceed the amounts set. forth in this. Agreement for the tasks described on Exhibit C" which have been fully, competently and timely rendered by CONTRACTOR Notwithstanding the foregoing, if CITY terminates this Agreement due to CONTRACTOR'S default in the performance of this Agreement or material breach by CONTRACTOR of any of_its provisions, then in addition to any other rights and remedies CITY may have, CONTRACTOR shall reimburse CITY, within ten (10.) days after demand, for any and.all costs and expenses incurred by CITY in order to complete the tasks constituting the scope of work as described in this Agreement, to the extent such costs and expenses exceed the amounts CITY would have been obligated to pay CONTRACTOR . for the performance of that task pursuant to this Agreement. C. Termination for Failure to Make Agreed -Upon Payments Should CITY fail to pay CONTRACTOR all or any part of the compensation set forth in Article 4 of this Agreement on the date due, then if and only if such nonpayment constitutes a default under this Agreement, CONTRACTOR, at the CONTRACTOR'S option, may ' ay terminate this Agreement if.such,default is not remedied by CITY within thirty (30) days after demand for such payment is given by CONTRACTOR to CITY. D. Transition after Termination Upon termination, CONTRACTOR shall immediately stop work, unless cessation could potentially cause any damage or harm to person or property, in which case CONTRACTOR shall cease such work as'soon as:it is safe to do so. CONTRACTOR shall incur no further expenses in connection with this Agreement. CONTRACTOR shall promptly deliver to CITY all work done toward .completion of the: services required hereunder, and shall act in such a manner as to facilitate any the assumption of CONTRACTOR'S duties by any new CONTRACTOR hired by the CITY to complete such services. 4835- 2267-0361v1 _5. LACW4706083 ARTICLE 8. GENERAL PROVISIONS A. Amendment & Modification No amendments, modifications, alterations or changes to the terms of this Agreement shall be effective unless and until made in a writing signed by both parties hereto. B. Americans with Disabilities Act of 1990 Throughout the term of this Agreement, the CONTRACTOR shall comply fully with all applicable provisions of the Americans with Disabilities Act of 1990 ( "the Act ") in its current form and as it may be amended from time to time. CONTRACTOR shall also require such compliance of all subcontractors performing work under this Agreement, subject to the prohibition against assignment and subcontracting contained in Article 5 above. The CONTRACTOR shall defend with counsel acceptable to CITY, indemnify and hold harmless the CITY OF GILROY, its officers, employees, agents and representatives from and against all suits, claims, demands, damages, costs, causes of action, losses, liabilities, expenses and fees, including without limitation reasonable attorneys' fees, that may arise out of any violations of the Act by the CONTRACTOR, its subcontractors, or the officers, employees, agents or representatives of either. C. Attorneys' Fees If. any action at law or in equity, including an action for declaratory relief, is brought to enforce or interpret the provisions of this Agreement, the prevailing party will. be entitled to reasonable attorneys' fees, which may be set by the court in the same action or in a separate action brought for that purpose, in addition to any other relief to which that party may be entitled. D. Captions The captions and headings of the. various sections, paragraphs and subparagraphs of the Agreement are for convenience only and shall not be consider_ ed nor referred to for resolving questions of interpretation. E. Compliance with Laws The CONTRACTOR shall keep itself informed of all State and National laws and all municipal ordinances and regulations of the CITY which in any manner affect those engaged or employed in the work, or the :materials used in the work, or which in any way affect the conduct of the work, and of all such orders and decrees of bodies or. tribunals having any jurisdiction or authority over t_he same. Without limiting the foregoing, CONTRACTOR agrees to observe the provisions of the Municipal Code of the CITY OF GILROY, obligating every contractor or subcontractor under a contract or subcontract to the CITY OF GILROY for public works or for -goods or services to refrain from discriminatory employment or subcontracting- practices on the basis of the..race, color, sex, religious creed, national origin, ancestry of any employee, applicant for employment, or any potential subcontractor. 4835= 2267 -03610 -6- LAW4706083 F. Conflict of Interest CONTRACTOR certifies that to the best of its knowledge, no CITY employee or office of any public agency interested in this Agreement has any pecuniary interest in the business of CONTRACTOR and that no person associated with CONTRACTOR has any interest that would constitute a conflict of interest in any manner or degree as to the execution or performance of this Agreement. G. Entire Agreement This Agreement supersedes any and all prior agreements, whether oral or written, between the parties hereto with respect to the rendering of services by CONTRACTOR for CITY and contains all the covenants and agreements between the parties with respect to the rendering of such services in any manner whatsoever. Each party to this Agreement acknowledges that no representations, inducements, promises or agreements, orally or otherwise, have been made by any party, or anyone acting on behalf of any party, which are not embodied herein, and that no other agreement, statement or promise not contained in this Agreement shall be valid or binding. No .other agreements or conversation with any officer, agent or employee of CITY prior to execution of this Agreement shall affect or modify any of the terms or obligations contained in any documents comprising this Agreement. Such other agreements or conversations shall be considered as unofficial information and in no way binding upon CITY. H. Governing Law and Venue This Agreement shall be governed by and construed in accordance with the laws of the State of California without regard to the conflict of laws provisions of any jurisdiction. The exclusive jurisdiction.and venue with respect to any and all disputes arising hereunder shall be in state a_nd federal courts located in Santa Clara County, California. I. Notices Any notice to be given hereunder by either party to the other may be effected either by personal requested. delivery in writing or by mail, registered or certified, postage prepaid with return receipt Mailed notices shall be addressed to the parties at the addresses appearing in Exhibit "A°', Section V.H. but each party may change the address by written notice in accordance with this .paragraph. Notices delivered personally will .be deemed delivered as of actual receipt; mailed notices will be deemed delivered as of three (3) days after mailing. J. Partial Invalidity If any provision in this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions will nevertheless continue in full force without being impaired or invalidated in any way. K. Time of the Essence All dates and times referred to in this Agreement are of the essence. 483 5-2267- 0361vl LACX04706093 -7- L. Waiver CONTRACTOR agrees that waiver by CITY of any one or more of the conditions of performance under this Agreement shall not be construed as waiver(s) of any other condition of performance under this Agreement. Executed at Gilroy, California, on the date and year first above written. CONTRACTOR: ASSETWORKS LLC By: Name: Michael B. Borello Title: Division Vice President Social Security or Taxpayer Identification Number 46- 0521049 Approved as to Form City Aitomey 4835- 2267 -03610 LAM04706083 -8- CITY: CITY OF GILROY By:,� Name: i Forbis Title: Finance Director EXHIBIT "A" SPECIFIC PROVISIONS I. PROJECT MANAGER CONTRACTOR shall provide the services indicated on the attached Exhibit `°B ", Scope of Services ( "Services "). (All exhibits 'referenced are incorporated herein by reference.) To accomplish that end, CONTRACTOR agrees to assign Greg Fri z, who will act in the capacity of Project Manager, and who will personally direct such Services. Except as may be specified elsewhere in this Agreement, CONTRACTOR shall furnish all technical and professional services including labor, material, equipment, transportation, supervision and expertise to perform all operations necessary and required to complete the Services in accordance with the terms of this Agreement. II. NOTICE TO PROCEED /COMPLETION OF SERVICE A. NOTICE TO PROCEED CONTRACTOR ishall commence the Services upon delivery to CONTRACTOR of a written ``Notice to Proceed ", which Notice to. Proceed shall be in the form of a written communication from designated City contact person(s). Notice to Proceed may be in the form of a -mail, fax or letter authorizing commencement of the Services. For purposes of 'this Agreement, Joe Hall shall be the designated City contact person(s). Notice to Proceed shall be deemed to have been delivered upon actual receipt by CONTRACTOR or if otherwise delivered as - provided in the Section V.13. ( "Notices ") of this Exhibit "A". B. COMPLETION OF SERVICES When CITY determines that CONTRACTOR has completed all of the Services in accordance with the terms of this Agreement, CITY shall give CONTRACTOR written Notice of Final Acceptance, and CONTRACTOR shall not incur. any further costs hereunder. CONTRACTOR may request this determination of completion 'when, in its opinion, it has completed all of the Services as required by the terms of this Agreement and, if so requested, CITY shall make this determination within two (2) weeks of such request, or if CITY determines that CONTRACTOR has not. completed all of such Services as required by this Agreement, CITY shall so inform CONTRACTOR within this two (2) week period. III. PROGRESS SCHEDULE The schedule for performance and completion of the Services will be as set forth in the attached Exhibit "C ". IV. PAYMENT OF FEES AND DIRECT EXPENSES Payments shall be made to CONTRACTOR as provided for in Article 4 of this Agreement. 4833-7.267 -03610 LAAC104706083 - l Direct expenses are charges and fees not included in Exhibit "B". CITY shall be obligated to pay only for those direct expenses which have been previously approved in writing by CITY. CONTRACTOR shall obtain written approval from CITY prior to incurring or billing of direct expenses. Copies of pertinent financial records, including invoices, will be included with the submission of billing(s) for all direct expenses. V. . OTHER PROVISIONS A. STANDARD OF WORKMANSHIP CONTRACTOR represents and warrants that it has the qualifications, skills and licenses necessary to perform the Services, and its duties and obligations, expressed and implied,. contained herein, and CITY expressly relies upon CONTRACTOR'S representations and warranties regarding its skills, qualifications and licenses. CONTRACTOR shall perform such Services and duties in conformance to and consistent with the standards generally recognized as being employed by professionals in the same discipline in the State of California. Any plans, designs, specifications, estimates, calculations, reports and other documents famished under this Agreement shall be of a quality acceptable to CITY. The minimum criteria .for acceptance shall be a product of neat appearance, well - organized, technically and grammatically correct; checked and having the maker and checker identified. The minimum standard of appearance, organization and content of the drawings shall be that used by CITY for similar purposes. B. RESPONSIBILITY OF CONTRACTOR CONTRACTOR shall be responsible for the professional quality, technical accuracy, and the. coordination of the Services furnished by it under this Agreement. CONTRACTOR shall not .be responsible for the accuracy of any project or technical information provided by the CITY. The CITY'S review, .acceptance or payment for any of the Services shall not be construed to operate as a waiver of any .rights under this Agreement or of any cause of action arising out of the perfotmance of this. Agreement, and CONTRACTOR shall be, and remain liable to CITY in accordance with applicable law for all damages to CITY caused by CONTRACTOR'S negligent performance of any of the services furnished under this Agreement. C. RIGHT OF CITY TO INSPECT RECORDS OF CONTRACTOR. CITY, through its authorized employees, representatives or agents, shall have the right, at any and all reasonable times, to audit the books and records (including, but not limited to, invoices, vouchers, canceled checks, time cards, etc.) of CONTRACTOR for the purpose of verifying any and all. charges made by CONTRACTOR in connection with this Agreement. CONTRACTOR shall .maintain for a minimum period, of three (3) years (from the date of final payment to CONTRACTOR), or for any longer period required by law, sufficient books and records in accordance with standard California accounting practices to establish the correctness of all charges submitted to CITY by CONTRACTOR, all of which shall be made available to CITY at the CITY's offices within five (5) business days after CITY's request. 4835 - 2267 - 03610 -2- LAM04706083 D. CONFIDENTIALITY OF MATERIAL All ideas, memoranda, specifications, plans, manufacturing procedures, data (including, but not limited to, computer data and source code), drawings, descriptions, documents, discussions or other information developed or received by or for CONTRACTOR and all other written and oral information developed or received by or for CONTRACTOR and all other written and oral information submitted to CONTRACTOR in connection with the performance of this Agreement shall be held confidential by CONTRACTOR and shall not, without the prior written consent of CITY, be used for any purposes other than the performance of the Services, nor be disclosed to an entity not connected with the performance of the such Services. Nothing furnished to CONTRACTOR which is otherwise known to CONTRACTOR or is or becomes generally .known to the related industry (other than that which becomes generally known as the result of CONTRACTOR'S disclosure thereof) shall be deemed confidential. CONTRACTOR shall not use CITY'S name or insignia, or distribute publicity pertaining to the services rendered under this Agreement in any magazine, trade paper, newspaper or other medium without the express written consent of CITY. E. NO PLEDGING OF CITY'S CREDIT. Under no circumstances shall CONTRACTOR have the authority or power to pledge the credit of CITY or incur any obligation in the name of CITY. F. OWNERSHIP OF MATERIAL. All material including, but not -limited to, computer information, data and source code, sketches, tracings; drawings, plans, diagrams, quantities, estimates, specifications, proposals, tests, maps, calculations, photographs, reports and other material developed, collected, prepared (or caused to be prepared) under this Agreement shall be the property of CITY, but CONTRACTOR may retain and use copies thereof subject to Section V.D of this Exhibit "A". CITY. shall not be limited in any way in its use of said material at any time for any work, whether or not associated with the City project for which the Services are performed. However, CONTRACTOR shall not. be responsible for, and City shall indemnify CONTRACTOR from,, damages resulting from the use of. said material for work other than PROJECT, including, but not limited to, the release of this material to third parties for work other than on PROJECT. G. NO THIRD PARTY BENEFICIARY. This Agreement shall not be construed or deemed to be an agreement for the benefit of any third party or parties, and no third party or parties shall have any claim or right of action hereunder for any cause whatsoever. 4835m&7 -03610 _3 _ LACW4706083 H. NOTICES. Notices are to be sent as follows: CITY: Joe Hall, Accountant II City of Gilroy 7351 Rosanna Street Gilroy, CA 95020 CONTRACTOR: AssetWorks LLC 168 Industry Drive Pittsburg, PA 15275 I. FEDERAL FUNDING REQUIREMENTS. ❑ If the box to the left of this sentence is checked, this Agreement involves federal funding and the requirements of this Section V.I. apply. If the box to the left of this sentence is checked,, this Agreement does not involve federal funding and the requirements of this Section V.I. do not apply. DBE Program CONTRACTOR shall comply with the requirements of Title 49, Part 26, Code of Federal Regulations (49 CFR 26) and the City- adopted Disadvantaged Business Enterprise programs. 2. Cost Principles Federal Acquisition Regulations in Title 48, CFR 31, shall be used to determine the allowable cost for individual items. 3. Covenant against Contingent Fees The CONTRACTOR warrants that he /she has not employed or retained any company or person, other than a bona, fide employee .working for the CONTRACTOR, to solicit or secure this Agreement; and that he /she has not paid or agreed to pay any company or person, other than a bona fide. employee, any fee, commission, percentage, brokerage fee, gift or any other consideration, contingent upon or resulting, from the award or formation of this Agreement. For breach or violation of this warranty,, the Local Agency shall have the right to annul this Agreement without liability or, at its discretion, to deduct from the agreement price or consideration, or otherwise recover, the full amount of such fee, commission, percentage, brokerage fee, gift or contingent fee. 4835 -M -03610 _4- LACM706083 EXHIBIT "B" SCOPE OF SERVICES See Proposal to Provide Professional Asset Stewardship Services for City of Gilroy & SCRWA pages2 -8 4835- 22670610 LAC104706083 ' 1' EXHIBIT "C" MILESTONE SCHEDULE See Proposal to Provide Professional Asset Stewardship Services for City of Gilroy & SCRWA page:2 4533- 22674WA LACW4706083 -1- EXHIBIT ".D" PAYMENT SCHEDULE See Proposal to Provide Professional Asset Stewardship Services for City of Gilroy & SCRWA page8 4835= 2267.0361v1 LIAC104106083 AssetWRKS December 6, 2016 Mr. Joe Hall, CPP Administrative Services Department, Finance Division City of Gilroy 7351 Rosanna Street Gilroy, CA 95020 RE., Inventory & Valuation Services proposal Dear Mr. Hall: It was a pleasure speaking with you recently.. I have prepared this Proposal for Asset Inventory &. Valuation. Services based on a full review of'the past three years work with the City. In order to maintain a high level of asset stewardship, the following plan has been identified as the best combination of completeness and efficiency. Upon acceptance of this proposal, the City and SCRWA will have a plan in place to address asset reporting needs for the next three years. will be the primary point of contact for this project and have the authority to bind Assetworks LLC to this contract. If I can be of any assistance, please contact me directly at (800) 428 -1925 x1806 or via email at greg.friz @assetworks.com. Respectfully submitted, AssetWorks LLC 1::5 Managing Director 6404 Wilshire Blvd., Suite 750 1 Los Angeles, CA 90048 1 310.470.4803 x1806 I 310.470A903 Fax I www.assetWorks.com _J Proposal to Provide Professional Asset Stewardship Services For City, of Gilroy & SCRWA Respectfully Submitted by: AssetWorks LLC Gregory N. Friz, Managing Director 6404 Wilshire Blvd., Suite 750 Los Angeles, CA 90048 gregory.friz@asstLitworks.com www.assetworks.com Phone'. $00-4.28-1925 x1806 Proposal to Provide Professional Asset Stewardship Services to the City r Gilroy 6 December 6, 2 01 AS s e t R K S Page -1- TABLE of Conrreron 1. Project Scope ......................................................... .............a................. Page 3 2. Proposal Service Approach ..................................... ............................... Page 3 3.. Costing:and Valuation Methodology. ...................... ............................... Page 5 4. Deliverables ......................... ................................. ............................... Page 6 S. Terms & Conditions ......................:......................... ..............................6 Page 7 6. Project Fees & Authorization .................................. ............................... Page 8 Proposal to Provide Professional Asset Stewardship Services to the City of Gilroy 2 SCRWA A S S e `` Av , R K S December 6, 2016 � Page -2- 7 1. PROJECT SCOPE The scope of this project is focused upon the financial reporting requirements of GASB Statement 34. This includes the identification of property as well as the determination of historical costs for the City and SCRWA owned capital assets. Data will be provided in both hard copy and electronic formats for upload into Pentamation. The data from the past three years working with the City and SCRWA will be used as a baseline in order to comply with GASB and GAAP standards. 2. PROPOSED SERVICE APPROACH Planning & Project Coordinatlon The success of this project substantially lies in-the preparations made ahead of time. We ask the City for assistance with the following: 0 Notify key departments and contacts of the project, 0 Enable access to all sites and buildings (Inventory only), 0 Preparation of asset acquisition or disposal data from prior three years, O Data and information transfer. The AssetWorks Project Manager will ,hold a project kickoff meeting prior to fieldwork commencement with the City each year. This meeting will discuss and confirm scope, processes,- critical assets determination as well as transfer of information / data. AssetWorks 1LC proposes the inclusion of the following forms of property with an original cost of $10,000 or greater. 0 Buildings, Land & Capital Improvements — 0 Year 1– as of 6/30/17 0 Machinery, Furniture & Equipment _0 Year 2 –as of 6/30/18 0 Infrastructure — 0 Year 3 –as of 6/30/19 Proposal to Provide Professional Asset Stewardship Services to the Gilroy Deco mber 6, 2 016 1 S S e t q R K S Page -3- Buildines &Structures (6/30/17) As a part of the onsite inspection, any new buildings will be verified and physically inspected. Direct costs will be utilized as provided by the City for GASB 34 compliancy purposes. A description will be developed, depicting construction components in order for subsequent valuations to take place. In addition, capital improvements that extend the useful life of a building, (i.e.; roofing projects, energy projects, and remodeling, replacing major building components) will be capitalized and will become a part of the statement of assets for purposes of complying with GASB -34. To ensure that these assetsare recognized and recorded, AssetWorks LLC will document recent capital project data from the City. This information should include: a. Project Description b. Project Cost c. Year Completed d. Funding Source Capital Improvements'outside of a building and particular to a parcel of land will be inventoried as well. Land Parcels (6/301.17) Land will be recorded in our database of information and reports based on existing City and;SCRWA land parcels reported for GAS in prior years. For land parcels acquired or sold, existing information (i.e. deeds, transfer documents, known costs) should be collected by the City and include, location, description, acquisition date and cost, and source of funds. All additions and disposals will be recorded in the database of information and reflected in the final reports. Machinery. Furniture & Eauinment (6/30/181 A detailed inspection and field inventory will be conducted at all buildings, identifying each capital asset by location; building and room. All assets included in our inventory and appraisal will be recorded and categorized by major account. This segregation of items will assist in reporting asset valuation totals for capital asset reporting formats. AssetWorks LLC appraisers will apply bar code tags to any applicable asset without a tag and enter the tag numbers along with all the corresponding asset information into the database. Our base fee includes the cost of all tags. Capital Assets - All assets with an original unit cost of $10,000 or more, and having :an estimated useful life of two years or greater will be inventoried and identified individually and capitalized in the resulting reports and,data. Proposal to Provide Professional Asset Stewardship Services to the City Gilroy .SCRWA pecer mber 6, 2 016 ¢S S e }.q R K S Page -4- Infrastructure (6/30/19) The AssetWorks LLC Project Manager will work directly with City personnel in order to record, categorize and value components of Infrastructure that have been implemented by the City. This requires the participation of appropriate City personnel involved with Infrastructure projects being reported. The data needed for proper reporting will be identified by the AssetWorks LCC Project Manager: City personnel will work to identify the format in which the information or data exists and the available methods for "transfer. Upon completion onsite, the formatting and reporting will take place:along with any valuations needed. Fieldwork Closeout Meeting Upon completion of onsite work each year, the Project Manager will have a final closeout meeting to address any outstanding issues and truly ensure that fieldwork is complete. This is a good point for final transfer of City provided data and for the City to make inquiries about past or nextsteps. Proposal to Provide Professional Asset Stewardship Services to the Gilroy 6 Deco mber 6, 2 01 A S S e t V p K S Page -5- 3. COSTING AND VALUATION METHODOLOGY The offsite valuation portion of the project entails the research and calculations necessary to formulate historic costs. The project manager and quality control supervisor work hand -in -hand to ensure the integrity of the data. The focus is on completeness, accuracy and proper formatting of all data prior to final processing and delivery. Our investigation of the property will follow generally accepted appraisal techniques and will include the use of specific techniques necessary to develop valid and acceptable original cost and date of acquisition for each asset. This includes use of the straight -line method of'depreciation. We will determine original cost by using the following costing methods: The Direct Costing method will be used where historical data is readily available from City records. The actual purchase cost and acquisition date will be maintained for those.assets. The Standard Costing is used when inventoried property units /groups not reconciled to a historical record receive an estimated cost, where possible, based upon a standard cost (a known average installed cost for a like unit) at the estimated acquisition date. The Normal Costing method will be used where no historical information is readily available. These assets will be valued on a current basis and back- trended to an estimated date; of acquisition to estimate the original cost. During the costing and valuation procedures, all items will be assigned a useful life. The useful life of an item will determine its'approximate replacement year. During the course of the valuation research, our appraisers will examine all assets to determine original cost, defined as follows: ORIGINAL COST is the amount originally paid to acquire the asset, including such cost asset -up charges; transportation; taxes; engineering and architectural fees; and title insurance. If an asset was donated or bought for a nominal sum, GAAP requires that the asset be accounted for at market value as of the date of acquisition. Proposal to Provide Professional Asset Stewardship Services to the City of Gilroy & Asset A V l R K S December 6, 2016 16 /`'� V Page -6- 4. DELIVERABLES Draft summary and detail reports will be sent to the City via email in a .pdf format for review. The City will have the opportunity to review the draft reports and request alterations as needed. The final reports will be presented in an easy -to -read format. A narrative section that will certify our appraisal and document our procedures will precede your reports. Your reports will annually include: Letter of Certification Accounting. Reports Electronic Reports $ Data File Proposal to Provide Professional Asset Stewardship Services to the City of Gilroy December6, 2 016 A S S e } V R K S Page -7- 5. TERMS AND CONDITIONS 1) AssetWorks LLC shall provide guidance to the City in determining the data required for purposes of the contemplated services. The City further agrees to provide all data specifically requested, including documentation and information to AssetWorks LLC in a timely manner. AssetWorks LLC shall assume without incurring liability therefore, that all data so provided is correct and complete. 2) In the event that the City provides additional an /or corrected data, documentation and information at a later date, AssetWorks LLC's efforts with respect to such additional and /or corrected data, documentation and information shall be deemed additional services and compensated in addition to the fees .set forth herein based on applicable hours, professional fees and expenses. 3) The City acknowledges project completion upon delivery of final reports. Final report delivery occurs only upon either acceptance of the preliminary reports data by the City or upon the Passing of the two-week (10 business days) period of time after preliminary report delivery, whichever comes first. 4) The fees proposed in this contract are valid for a period of 90 days. 5) To the extent a claim is not covered by the required insurance, each party agrees that each party's total liability for any and all damages whatsoever arising out of or in any way related to this Agreement from any cause, including but not limited to negligence, errors, omissions, strict liability, breach of contract or breach of warranty shall not, in the aggregate; exceed the total amount of this Agreement. To the extent a claim is covered by the required insurance, each party's total liability will be limited to the amount of required insurance. 6) City and AssetWorks LLC shall each retain ownership of, and all right, title and interest in and, to, their respective pre - existing Intellectual Property, and no license therein, whether express or implied, is granted by this Agreement or as a result of the Services performed hereunder. To the extent the parties wish to grant to the other rights or interests :in pre- existing Intellectual Property, separate license agreements on mutually acceptable terms will be executed. 7) AssetWorks LLC will invoice for 70% of fees during the fieldwork portion of the project with the final contract amount invoiced with our draft reports. - Invoices are due: within 30 days of receipt, and past due amounts may be subject to late fees of 1 % percent per month. Proposal to Provide Professional Asset Stewardship Services to the City of Gilroy & SCRWA December 6, 2016 Page -8- A s s e t WR K S 6. PROJECT FEES 8e AUTHORIZATION Please return a copy of this executed agreement to the attention of the undersigned via fax at (310) 470 -4903 and the original project fees page mailed back to this office. All professional fees outlined below are in US Dollars and include out -of- pocket expenses. The TOTAL investment is as follows: Professional Inventory & Valuation Services Year 2017 (Buildings /Land Parcels) $ 5,800 Year 2018 (Machinery, Furniture & Equipment) $ 7,500 Year 2019 (Infrastructure) $5.80 0 Total Combined Fee - $19,100 Please let me know if you have any questions regarding our proposed. services. We.look forward to our continued partnership with the City and.working with you on this important project. RESPECTFULLY OFFERED BY: AssetWorks LLC Gregory N. Friz Managing Director December 6, 2016 ACCEPTED BY: City of Gilroy Sig 1 ure Name g V'i N y K tp f e fi' i, Title Date CERTIFICATE OF INSURANCE NAMED INSURED This Certificate is issued as a natter of information only and confers no rights upon the cenrficata holder. This certificate does not amend, extend or alter the coverage afforded by CONSTELLATION SOFTWARE INC. and the lic es below. ASSETWORKS LLC INSURANCE COMPANIES AFFORDING COVERAGE COMPANY APPRAISAL DIVISION A Zurich Insurance Company Ltd. (AM Best# 085095, Rating A-) 998 OLD EAGLE SCHOOL RD. WAYNE, PA 19087 CERTIFICATE HOLDER COMPANY B Travelers Indemnity Company of Connecticut (AM Best # 004461, Rating CITY OF GILROY A + +) 7351 ROSANNA STREET COMPANY C GILROY, CA 95020 COMPANY D COMPANY E Zurich American Insurance Company (AMSest #002563, RatingA +) COVERAGES This:is to certify that the policies of Insurance listed below have been issued to the insured named above for the policy period indicated, notwithstanding any requirement, term or condifion of any contract or other document with respect to which this certificate may be issued or may pertain. The insurance afforded by the policies described herein is subiect to all the terms, exclusions and conditions of such policies. LIMITS ARE IN U.S. DOLLARS UNLESS INDICATED OTHERWISE. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. TYPE OF INSURANCE CO POLICY NUMBER POLICY POLICY LIMITS OF LIABILITY LTR EFFECTIVE DATE EXPIRATION DATE 1MM/DD /MMIDD COMMERCIAL GENERAL LIABILITY $ 1,000,000 EACH OCCURRENCE OCCURRENCE BASIS E GLO8249874 2016/09127 2017/09/27 - INCLUDING: $ 10,000,000 GENERAL AGGREGATE PRODUCTS AND COMPLETED OPERATIONS CROSS LVIBIUTY/ SEVERABILITY OF INTERESTS I BLANKET CONTRACTUAL LIABILITY $ 1,000.000 PRODUCTS- COMPLETED PERSONAL INJURY tomoo0 LIMIT. ADVERTISING LIABILITY 51.000,000 LIMIT OPERATIONS AGGREGATE TENANT'S LEGAL LIABILITY 41,000A00 LIMIT. MEDICAL EXPENSES $25,000 LIMIT WAIVER OF SUBROGATION WHERE REQUIRED BY WRITTEN CONTRACT. Such insurance as is afforded by the Commercial General Liability coverage on this policy Will be considered as primary insurance, not contributory and not excess of any other insurance. AUTOMOBILE LIABILITY E SAP8249865 2016/09/27 2017/09/27 $ 1,000,000 EACH OCCURRENCE - NON-OWNED &HIRED UMBRELLA LIABILITY A 8838706 2016/09/27 2017/09127 $ 14,000,000 �CEBNJTHE AGGREGATE NOT APPLICABLE PROFESSIONAL LIABILITY AND TECHNOLOGY ERRORS S OMISSIONS E IPRO435933200 2016/09/27 2017/09/27 $ 5,000,000 PER CLAIM &'IN THE AGGREGATE CLAIMS MADE BASIS ' 5500,000 DEDUCTIBLE - RETROACTIVE DATE: MAY 1. 1999 NOT APPLICABLE NOT APPLICABLE NOT APPLICABLE WORKERS COMPENSATION & E.L.: EMPLOYER'S LIABILITY B HE- UB- 61-110458 -1 -16 2016109;27 2017/09127 $ 1,000,000 -EACH ACCIDENT C- SrAnrMRYLTS W /M -EACH DISEASE/ EMPLOYEE INCLUDING WAIVER OF SUBROGATION WHERE - DISEASE POLICY LIMIT REQUIRED. BY WRITTEN CONTRACT EXCEPT WHERE PROHIBITED BY LAW DESCRIPTION OF OPERATIONS t LOCATIONS ) SPECIAL PROVISIONS`. CITY OF GILROY, RS OFFICERS AND EMPLOYEES is added as Additional Insured with respect to the Commercial General Liability policy, but only with respect to liability arising out of the operations of the Named Insured. BROKER CANCELLATION Arthur J. Gallagher Canada Limited Should any of the above described policies be cancelled before the expiration date thereof, the issuing 120 South Town Centre Blvd. company Wil endeavour to mail 30 days written notice to the certificate holder named above. Failure to Markham, ON L6G 1 C3 mail such notice shall impose no obligation or liability of any kind upon the company, its agents or representatives SIGNATURE OF AUTHORIZED REPRESENTATIVE PRINT NAME DATE (YYYY/MM/DD) v JULIE ROGERS 2016/09/20 Additional Insured — Automatic — Owners, Lessees Or WIM Contractors ZURICH Policy No. Exp. Date of Pol. Eff. Date of End. Agency No. Addl- Prem. Return Prem. GLO8249874 127 Sept 2017 127 Sept 2016 1 Included THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT.CAREFULLY. Named Insured: Constellation Software Inc. Address (including ZIP Code): This endorsement modifies insurance provided under the: Commercial General Liability Coverage Part A. Section II --Who Is An Insured is amended to include as an insured any person or organization who you are required to add as an additional insured on this policy under a written contract or written agreement. B. The insurance provided to the additional insured person or organization applies only to "bodily injury", "property damage" or "personal and advertising injury" covered under SECTION I - Coverage A - Bodily Injury And Property Damage Liability and Section I - Coverage B - Personal And Advertising Injury Liability, but only with respect to liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by: 1. Your acts or omissions; or 2. The acts or omissions of those acting on your behalf; and resulting directly from: a. Your ongoing operations performed for the additional insured, which is the subject of the written contract or written agreement; or b. "Your work" completed as included in the "products - completed operations hazard ", performed for the additional insured, which is the subject of the written contract or written agreement. C. However, regardless of the provisions of paragraphs A. and B. above: L We will not extend any insurance coverage to any additional insured person or organization: a. That is not provided to you in this policy; or b. That is any broader coverage than you are required to provide to the additional insured person or organization in the written contract or written agreement; and 2. We will not provide Limits of Insurance to any additional insured person or organization that exceed the lower of a. The Limits of Insurance provided to you in this policy; or b. The Limits of Insurance you are required to provide in the written contractor written agreement. Includes copyrighted material of Insurance Services Office, Inc., with its permission. U -GL- 1175 -B CW (32007) Page. I of 2 The insurance provided to the additional insured person or organization does not apply to: "Bodily injury", "property damage" or "personal and advertising injury" arising out of the rendering or failure to render any professional architectural, engineering or surveying services including: 1. The preparing, approving or failing to prepare or approve maps, shop drawings, opinions, reports, surveys, field orders, change orders or drawings and specifications; and 2. Supervisory, inspection, architectural or engineering activities. D. The additional insured must.see to it that: 1. We are -notified as soon as practicable of an "occurrence" or offense that may result in a claim; 2. We receive written notice of a claim or "suit" as soon as practicable; and 3. A request for defense and indemnity of the claim or "suit" will promptly be brought against any policy issued by another insurer under which the additional insured may be an insured in any capacity. This provision does:not apply to insurance on which the additional insured is a Named Insured, if the written contract or written agreement requires that this coverage be primary and, non- contributory. E. For the coverage provided by this endorsement: 1. The following paragraph is added to Paragraph 4.a. of the Other Insurance Condition of Section IV — Commercial General Liability Conditions; This insurance is primary insurance as respects our coverage to the additional insured person or organization, where the written contract or written agreement requires that this insurance be primary and non - contributory. In that event, we will not seek contribution from any other insurance policy available to the additional insured on which the additional insured person or organization is a Named Insured. 2: The following paragraph is added to Paragraph 4.b. of the Other Insurance Condition of Section IV = Commercial General Liability Conditions: This insurance is excess over: Any of the other insurance, whether primary, excess, contingent or on any other basis,, available to an additional insured, in which the additional insured on our policy is also covered as an additional insured by attachment of an endorsement to another policy providing coverage for the same "occurrence", claim or "suit". This provision does not apply to any policy in which the additional insured is a Named Insured on such other policy and where our policy is required by written contract or written agreement to provide coverage to the additional insured on a primary and non- contributory basis. G. This endorsement does not apply to an additional insured which has been added to this policy by an endorsement showing the additional insured in a Schedule of additional insureds, and which endorsement applies specifically to that identified additional insured. . Any provisions in this Coverage Part not changed by the terms and conditions of this endorsement continue to apply as written. Includes copyrighted material of Insurance Services Office, Inc., with its permission. U-GL -I 175-B CW (32007) Page 2 of 2