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HomeMy WebLinkAbout146772 ROCKY MOUNTAIN INNOVATION INITIATIVE - CONTRACT - AGREEMENT MISC - ROCKY MOUNTAIN INNOVATION INITIATIVE DBA ROCKY MOU (2)Professional Services Agreement NoCoBio Cluster 2014 – RMI2 Page 1 of 12 PROFESSIONAL SERVICES AGREEMENT THIS AGREEMENT made and entered into the day and year set forth below, by and between THE CITY OF FORT COLLINS, COLORADO, a Municipal Corporation, hereinafter referred to as the "City" and ROCKY MOUNTAIN INNOVATION INITIATIVE DBA ROCKY MOUNTAIN INNOSPHERE, hereinafter referred to as "Professional". WITNESSETH: In consideration of the mutual covenants and obligations herein expressed, it is agreed by and between the parties hereto as follows: 1. Scope of Services. The Professional agrees to provide services in accordance with the scope of services attached hereto as Exhibit "A", consisting of three (3) pages, and incorporated herein by this reference. Irrespective of references in Exhibit A to certain named third parties, Professional shall be solely responsible for performance of all duties hereunder. 2. Contract Period. The services to be performed pursuant to this Agreement shall be initiated within five (5) days following execution of this Agreement. Services shall be completed no later than December 31, 2014. Time is of the essence. Any extensions of the time limit set forth above must be agreed upon in writing by the parties hereto. 3. Early Termination by City. Notwithstanding the time periods contained herein, the City may terminate this Agreement at any time without cause by providing written notice of termination to the Professional. Such notice shall be delivered at least fifteen (15) days prior to the termination date contained in said notice unless otherwise agreed in writing by the parties. DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD Professional Services Agreement NoCoBio Cluster 2014 – RMI2 Page 2 of 12 All notices provided under this Agreement shall be effective when mailed, postage prepaid and sent to the following addresses: Professional: City: Copy to: Rocky Mountain Innosphere Attn: Mike Freeman 320 E Vine Drive, Suite 101 Fort Collins, CO 80524 City of Fort Collins Attn: Josh Birks PO Box 580 Fort Collins, CO 80522 City of Fort Collins Attn: Purchasing Dept. PO Box 580 Fort Collins, CO 80522 In the event of any such early termination by the City, the Professional shall be paid for services rendered prior to the date of termination, subject only to the satisfactory performance of the Professional's obligations under this Agreement. Such payment shall be the Professional's sole right and remedy for such termination. 4. Design, Project Indemnity and Insurance Responsibility. The Professional shall be responsible for the professional quality, technical accuracy, timely completion and the coordination of all services rendered by the Professional, including but not limited to designs, plans, reports, specifications, and drawings and shall, without additional compensation, promptly remedy and correct any errors, omissions, or other deficiencies. The Professional shall indemnify, save and hold harmless the City, its officers and employees in accordance with Colorado law, from all damages whatsoever claimed by third parties against the City; and for the City's costs and reasonable attorneys fees, arising directly or indirectly out of the Professional's negligent performance of any of the services furnished under this Agreement. The Professional shall maintain commercial general liability insurance in the amount of $500,000 combined single limits and errors and omissions insurance in the amount of $1,000,000, in accordance with Exhibit B consisting of one (1) page, attached hereto and incorporated herein. 5. Compensation. In consideration of the services to be performed pursuant to this Agreement, the City agrees to pay Professional a fixed fee in the amount of Twenty-Five Thousand Dollars ($25,000). Upon final payment, all designs, plans, reports, DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD Professional Services Agreement NoCoBio Cluster 2014 – RMI2 Page 3 of 12 specifications, drawings, and other services rendered by the Professional shall become the sole property of the City. 6. City Representative. The City will designate, prior to commencement of work, its project representative who shall make, within the scope of his or her authority, all necessary and proper decisions with reference to the project. All requests for contract interpretations, change orders, and other clarification or instruction shall be directed to the City Representative. 7. Monthly Report. Commencing thirty (30) days after the date of execution of this Agreement and every thirty (30) days thereafter, Professional is required to provide the City Representative with a written report of the status of the work with respect to the Scope of Services, Work Schedule, and other material information. Failure to provide any required monthly report may, at the option of the City, suspend the processing of any partial payment request. 8. Independent Contractor. The services to be performed by Professional are those of an independent contractor and not of an employee of the City of Fort Collins. The City shall not be responsible for withholding any portion of Professional's compensation hereunder for the payment of FICA, Workers' Compensation, other taxes or benefits or for any other purpose. 9. Personal Services. It is understood that the City enters into this Agreement based on the special abilities of the Professional and that this Agreement shall be considered as an agreement for personal services. Accordingly, the Professional shall neither assign any responsibilities nor delegate any duties arising under this Agreement without the prior written consent of the City. DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD Professional Services Agreement NoCoBio Cluster 2014 – RMI2 Page 4 of 12 10. Subcontractors. Service Provider may not subcontract any of the Work set forth in the Exhibit A, Statement of Work without the prior written consent of the city, which shall not be unreasonably withheld. If any of the Work is subcontracted hereunder (with the consent of the City), then the following provisions shall apply: (a) the subcontractor must be a reputable, qualified firm with an established record of successful performance in its respective trade performing identical or substantially similar work, (b) the subcontractor will be required to comply with all applicable terms of this Agreement, (c) the subcontract will not create any contractual relationship between any such subcontractor and the City, nor will it obligate the City to pay or see to the payment of any subcontractor, and (d) the work of the subcontractor will be subject to inspection by the City to the same extent as the work of the Service Provider. 11. Acceptance Not Waiver. The City's approval of drawings, designs, plans, specifications, reports, and incidental work or materials furnished hereunder shall not in any way relieve the Professional of responsibility for the quality or technical accuracy of the work. The City's approval or acceptance of, or payment for, any of the services shall not be construed to operate as a waiver of any rights or benefits provided to the City under this Agreement. 12. Default. Each and every term and condition hereof shall be deemed to be a material element of this Agreement. In the event either party should fail or refuse to perform according to the terms of this agreement, such party may be declared in default. 13. Remedies. In the event a party has been declared in default, such defaulting party shall be allowed a period of ten (10) days within which to cure said default. In the event the default remains uncorrected, the party declaring default may elect to (a) terminate the Agreement and seek damages; (b) treat the Agreement as continuing and require specific performance; or (c) avail himself of any other remedy at law or equity. If the non- DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD Professional Services Agreement NoCoBio Cluster 2014 – RMI2 Page 5 of 12 defaulting party commences legal or equitable actions against the defaulting party, the defaulting party shall be liable to the non-defaulting party for the non-defaulting party's reasonable attorney fees and costs incurred because of the default. 14. Binding Effect. This writing, together with the exhibits hereto, constitutes the entire agreement between the parties and shall be binding upon said parties, their officers, employees, agents and assigns and shall inure to the benefit of the respective survivors, heirs, personal representatives, successors and assigns of said parties. 15. Law/Severability. The laws of the State of Colorado shall govern the construction, interpretation, execution and enforcement of this Agreement. In the event any provision of this Agreement shall be held invalid or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision of this Agreement. 16. Prohibition Against Employing Illegal Aliens. Pursuant to Section 8-17.5-101, C.R.S., et. seq., Professional represents and agrees that: a. As of the date of this Agreement: 1. Professional does not knowingly employ or contract with an illegal alien who will perform work under this Agreement; and 2. Professional will participate in either the e-Verify program created in Public Law 208, 104th Congress, as amended, and expanded in Public Law 156, 108th Congress, as amended, administered by the United States Department of Homeland Security (the “e-Verify Program”) or the Department Program (the “Department Program”), an employment verification program established pursuant to Section 8-17.5-102(5)(c) C.R.S. in order to confirm the employment eligibility of all newly hired employees to perform work under this Agreement. DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD Professional Services Agreement NoCoBio Cluster 2014 – RMI2 Page 6 of 12 b. Professional shall not knowingly employ or contract with an illegal alien to perform work under this Agreement or knowingly enter into a contract with a subcontractor that knowingly employs or contracts with an illegal alien to perform work under this Agreement. c. Professional is prohibited from using the e-Verify Program or Department Program procedures to undertake pre-employment screening of job applicants while this Agreement is being performed. d. If Professional obtains actual knowledge that a subcontractor performing work under this Agreement knowingly employs or contracts with an illegal alien, Professional shall: 1. Notify such subcontractor and the City within three days that Professional has actual knowledge that the subcontractor is employing or contracting with an illegal alien; and 2. Terminate the subcontract with the subcontractor if within three days of receiving the notice required pursuant to this section the subcontractor does not cease employing or contracting with the illegal alien; except that Professional shall not terminate the contract with the subcontractor if during such three days the subcontractor provides information to establish that the subcontractor has not knowingly employed or contracted with an illegal alien. e. Professional shall comply with any reasonable request by the Colorado Department of Labor and Employment (the “Department”) made in the course of an investigation that the Department undertakes or is undertaking pursuant to the authority established in Subsection 8-17.5-102 (5), C.R.S. f. If Professional violates any provision of this Agreement pertaining to the duties imposed by Subsection 8-17.5-102, C.R.S. the City may terminate this Agreement. If DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD Professional Services Agreement NoCoBio Cluster 2014 – RMI2 Page 7 of 12 this Agreement is so terminated, Professional shall be liable for actual and consequential damages to the City arising out of Professional’s violation of Subsection 8-17.5-102, C.R.S. g. The City will notify the Office of the Secretary of State if Professional violates this provision of this Agreement and the City terminates the Agreement for such breach. 17. Special Provisions. Special provisions or conditions relating to the services to be performed pursuant to this Agreement are set forth in Exhibit "C" - Confidentiality, consisting of one (1) page, attached hereto and incorporated herein by this reference. THE CITY OF FORT COLLINS, COLORADO By: _________________________________ Gerry Paul Director of Purchasing & Risk Management DATE: ______________________________ ROCKY MOUNTAIN INNOVATION INITIATIVE DBA ROCKY MOUNTAIN INNOSPHERE By: __________________________________ Title: _______________________________ CORPORATE PRESIDENT OR VICE PRESIDENT Date: _______________________________ DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD CEO 2/28/2014 2/28/2014 Professional Services Agreement NoCoBio Cluster 2014 – RMI2 Page 8 of 12 EXHIBIT A SCOPE OF SERVICES An essential part in building out the bioscience ecosystem is being able to provide access to talent, capital and state-of-the-art facilities. Innosphere is looking forward to supporting NoCoBio in 2014 because we have all of these right here in Northern Colorado, and have seen how the northern Colorado life sciences ecosystem has reached critical mass through the efforts of public and private investments. With funding in place from the City of Fort Collins and University of Colorado Health Research (UC Health), Innosphere can successfully advance the NoCoBio cluster with help from the Executive Director, Deanna Scott, and NoCoBio Partners. With these 2014 accomplishments to include: 1. CONTINUED BRANDING OF NORTHERN COLORADO’S BIOSCIENCE INDUSTRY AND OPPORTUNITIES NoCoBio brings together scientists, leading innovators, and executive advisors inside world-class research environments to maximize the impact of northern Colorado resources.  NoCoBio will have an emphasis in promoting and providing visibility to:  UC Health and CSU Collaborations  startup success stories  NoCoBio is focused in effective and targeted outreach to:  Physician entrepreneurs  Faculty  A goal of NoCoBio is to continually promote all of these assets by utilizing the following marketing platforms:  www.nocobio.org website and updated marketing materials  The Colorado BioScience Association has a very large footprint and will help NoCoBio promote activities 2. NOCOBIO CLUSTER CAN BE FUNDED TO SUPPORT EXECUTIVE DIRECTOR AT A 25% FTE LEVEL 3. DEVELOP THE BIO PIPELINE NoCoBio will engage and assist organizations with deal flow. This deal flow will happen between:  Investors  Corporate Strategics  CID4  University of Colorado Health Research  CSU and CSU Ventures  Innosphere DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD Professional Services Agreement NoCoBio Cluster 2014 – RMI2 Page 9 of 12 4. RESOURCES FOR ENTREPRENEURS NoCoBio is business support for bioentrepreneurs. NoCoBio is the support team to connect these entrepreneurs with the resources that can help them understand and navigate the business world. A list of resources for entrepreneurs includes: 1. Access to Capital (Funding Resources) Finding capital to move forward is a major milestone for most bioscience companies. No one likes asking for money – and it isn’t always easy to find. NoCoBio helps make the funding process a little less daunting – and positions a bio entrepreneur for greater likelihood of success. Innosphere develops and supports entrepreneurial pipeline and provides funding though Innosphere’s Access to Capital program. 2. Clinical Framework By drawing attention to medical research resources with proven capabilities and expertise for clinical trials, NoCoBio is helping maximize public and private investments by attracting and retaining life science ventures. 3. Specialized Facilities NoCoBio provides access to world-class facilities. The Research and Education Institute at MCR is now developing unique and innovative research programs in conjunction with local biotech companies and Colorado State University. 4. Advisory Network Bioentrepreneurs consult with advisors on business, regulatory, clinical and reimbursement issues. 5. Preferred Providers Network 6. Regulatory Framework 7. Reimbursement Framework 5. WORKING WITH NOCOBIO STRATEGIC PARTNERS Innosphere will manage investor relations in NoCoBio by providing partners with opportunities such as joint grant submittals, bioentrepreneur outreach and networking opportunities. Strategic Partners include: 1. City of Fort Collins 2. CID4 3. Rocky Mountain Innosphere 4. Colorado BioScience Association 5. University of Colorado Health 6. CSU Ventures 6. ECONOMIC AND FINANCIAL IMPACT WITH TARGETED METRICS The NoCoBio team has had long discussions about expected outcomes of the Cluster’s work. DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD Professional Services Agreement NoCoBio Cluster 2014 – RMI2 Page 10 of 12 Key metrics that will be indicative of NoCoBio success will be: 1. CSU and CSU Ventures  Increase in deal flow  Increase in success rates  Better licensing income to CSU  Successful Advanced Industries Grant submittals by bio startup companies 2. Colorado BioScience Association  Increase in branding of NoCoBio  Increase in Colorado BioScience Events that partner with NoCoBio 3. University of Colorado Health  Research Master Plan with CSU  Increase in number of publications  Increase in number of grant submissions DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD Professional Services Agreement NoCoBio Cluster 2014 – RMI2 Page 11 of 12 EXHIBIT B INSURANCE REQUIREMENTS 1. The Service Provider will provide, from insurance companies acceptable to the City, the insurance coverage designated hereinafter and pay all costs. Before commencing work under this bid, the Service Provider shall furnish the City with certificates of insurance showing the type, amount, class of operations covered, effective dates and date of expiration of policies, and containing substantially the following statement: "The insurance evidenced by this Certificate will not be cancelled or materially altered, except after ten (10) days written notice has been received by the City of Fort Collins." In case of the breach of any provision of the Insurance Requirements, the City, at its option, may take out and maintain, at the expense of the Service Provider, such insurance as the City may deem proper and may deduct the cost of such insurance from any monies which may be due or become due the Service Provider under this Agreement. The City, its officers, agents and employees shall be named as additional insureds on the Service Provider's general liability and automobile liability insurance policies for any claims arising out of work performed under this Agreement. 2. Insurance coverages shall be as follows: A. Workers' Compensation & Employer's Liability. The Service Provider shall maintain during the life of this Agreement for all of the Service Provider's employees engaged in work performed under this agreement: 1. Workers' Compensation insurance with statutory limits as required by Colorado law. 2. Employer's Liability insurance with limits of $100,000 per accident, $500,000 disease aggregate, and $100,000 disease each employee. B. Commercial General & Vehicle Liability. The Service Provider shall maintain during the life of this Agreement such commercial general liability and automobile liability insurance as will provide coverage for damage claims of personal injury, including accidental death, as well as for claims for property damage, which may arise directly or indirectly from the performance of work under this Agreement. Coverage for property damage shall be on a "broad form" basis. The amount of insurance for each coverage, Commercial General and Vehicle, shall not be less than $500,000 combined single limits for bodily injury and property damage. In the event any work is performed by a subcontractor, the Service Provider shall be responsible for any liability directly or indirectly arising out of the work performed under this Agreement by a subcontractor, which liability is not covered by the subcontractor's insurance. DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD No new attachment needed Professional Services Agreement NoCoBio Cluster 2014 – RMI2 Page 12 of 12 EXHIBIT C CONFIDENTIALITY IN CONNECTION WITH SERVICES provided to the City of Fort Collins (the “City”) pursuant to this Agreement (the “Agreement”), the Professional hereby acknowledges that it has been informed that the City has established policies and procedures with regard to the handling of confidential information and other sensitive materials. In consideration of access to certain information, data and material (hereinafter individually and collectively, regardless of nature, referred to as “information”) that are the property of and/or relate to the City or its employees, customers or suppliers, which access is related to the performance of services that the Professional has agreed to perform, the Professional hereby acknowledges and agrees as follows: That information that has or will come into its possession or knowledge in connection with the performance of services for the City may be confidential and/or proprietary. The Professional agrees to treat as confidential (a) all information that is owned by the City, or that relates to the business of the City, or that is used by the City in carrying on business, and (b) all information that is proprietary to a third party (including but not limited to customers and suppliers of the City). The Professional shall not disclose any such information to any person not having a legitimate need-to-know for purposes authorized by the City. Further, the Professional shall not use such information to obtain any economic or other benefit for itself, or any third party, except as specifically authorized by the City. The foregoing to the contrary notwithstanding, the Professional understands that it shall have no obligation under this Agreement with respect to information and material that (a) becomes generally known to the public by publication or some means other than a breach of duty of this Agreement, or (b) is required by law, regulation or court order to be disclosed, provided that the request for such disclosure is proper and the disclosure does not exceed that which is required. In the event of any disclosure under (b) above, the Professional shall furnish a copy of this Agreement to anyone to whom it is required to make such disclosure and shall promptly advise the City in writing of each such disclosure. In the event that the Professional ceases to perform services for the City, or the City so requests for any reason, the Professional shall promptly return to the City any and all information described hereinabove, including all copies, notes and/or summaries (handwritten or mechanically produced) thereof, in its possession or control or as to which it otherwise has access. The Professional understands and agrees that the City’s remedies at law for a breach of the Professional’s obligations under this Confidentiality Agreement may be inadequate and that the City shall, in the event of any such breach, be entitled to seek equitable relief (including without limitation preliminary and permanent injunctive relief and specific performance) in addition to all other remedies provided hereunder or available at law. DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD DocuSign Envelope ID: 236CC508-0CFF-4AA7-8C43-C21EF2BC81CD