HomeMy WebLinkAboutAgreement - Pun Group LLC - Auditing Services Contract Extension 20FIN1210-24835-2267-0361v1
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SECOND AMENDMENT TO THE AGREEMENT FOR SERVICES BETWEEN THE CITY OF
GILROY AND THE PUN GROUP LLP.
WHEREAS, the City of Gilroy, a municipal corporation (“City”), and The Pun Group LLP
entered into that certain agreement entitled “Agreement for Services”, effective on March 16, 2020,
hereinafter referred to as “Original Agreement”; and
WHEREAS, City and The Pun Group LLP., have determined it is in their mutual interest to
amend certain terms of the Original Agreement.
NOW, THEREFORE, FOR VALUABLE CONSIDERATION, THE PARTIES AGREE AS
FOLLOWS:
1. The first paragraph of Article 1 (Term of Agreement) of the Original Agreement shall be
amended to read as follows:
“This Agreement will become effective on March 16, 2020 and continue in effect through March
31, 2027 unless terminated in accordance with the provisions of Article 7 of this Agreement.”
2. Article 4, Section A (Consideration) of the Original Agreement shall be amended to read as
follows:
“In consideration for the services to be performed by CONSULTANT, CITY agrees to pay
CONSULTANT the amounts set forth in Exhibit “D” (“Payment Schedule”). In no event
however shall the total compensation paid to CONSULTANT exceed $530,278.00.”
3. Exhibit “D” (Payment Schedule) of the original agreement is hereby replaced with the attached
Exhibit “D”.
4. This Amendment shall be effective on April 1, 2025.
5. Except as expressly modified herein, all of the provisions of the Original Agreement shall remain
in full force and effect. In the case of any inconsistencies between the Original Agreement and this
Amendment, the terms of this Amendment shall control.
6. This Amendment may be executed in counterparts, each of which shall be deemed an original,
but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the parties have caused this Amendment to be executed as of the
dates set forth besides their signatures below.
Docusign Envelope ID: 20D0C2DA-3619-4765-ABD1-A67FE0EBAC6BDocusign Envelope ID: BAC8DF33-EC6C-4420-BABB-47CE910E0731
4835-2267-0361v1
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CITY OF GILROY THE PUN GROUP LLP.
By:
By:
[signature]
Jimmy Forbis [signature]
Frances Kuo
[employee name]
City Administrator [name]
Managing Partner
[title/department] [title]
Date: Date:
Approved as to Form ATTEST:
City Attorney City Clerk
Docusign Envelope ID: 20D0C2DA-3619-4765-ABD1-A67FE0EBAC6B
3/7/2025
Docusign Envelope ID: BAC8DF33-EC6C-4420-BABB-47CE910E0731
3/23/2025
EXHIBIT “D”
PAYMENT SCHEDULE
Maximum Fees
Not to exceed amounts for year ended June 30.
Fiscal Year Amount 10% Contingency Total
2020 66,500$ -$ 66,500$
2021 68,495 - 68,495
2022 70,550 - 70,550
2023 72,666 - 72,666
2024 74,846 - 74,846
2025 78,590 7,859 86,449
2026 82,520 8,252 90,772
Docusign Envelope ID: 20D0C2DA-3619-4765-ABD1-A67FE0EBAC6BDocusign Envelope ID: BAC8DF33-EC6C-4420-BABB-47CE910E0731