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HomeMy WebLinkAbout556475 ZAGSTER INC - CONTRACT - RFP - 8156 PUBLIC BIKE SHARE PROGRAMOfficial Purchasing Document Last updated 3/2018 Page 1 of 1 Amendment 4 – 8156 Public Bike Share Program AMENDMENT #04 TO ZAGSTER MASTER SERVICES AGREEMENT This fourth amendment (Fourth Amendment), is made October 5, 2018 (Amendment Effective Date) by and between City of Fort Collins, CO (City) and Zagster, Inc. (Zagster), and amends that certain Services Agreement executed on 12/30/2015, by and between the parties (collectively, Agreement). Defined terms used herein shall have the meaning accorded to them in the Agreement unless otherwise defined herein. For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and notwithstanding anything to the contrary contained in the Agreement, the parties agree as follows: 1. Term. The Term is extended through 8/31/2020. Pace Renewal Year 1 means the annual period beginning with the Pace Launch Date of 9/1/2018 and running through 8/31/2019, Pace Renewal Year 2 means the annual period running 9/1/2019 – 8/31/2020. Since Zagster did not complete the installation of 215 bicycles by May 30, 2018, the Pace Launch Date and ramp to 250 bicycles within two months from the Pace Launch Date the Pace Renewal Year periods has been adjusted to correspond with the date the installation is complete. This Agreement and extension in Term is subject to annual appropriation by City Council. The City shall have no obligation to continue this Agreement in any fiscal year for which no such supporting appropriation has been made. 2. Fees. a. As of the Pace Launch Date, the Fees will be as follows: Pace Renewal Year 1 9/1/18 – 8/31/19 Pace Renewal Year 2 9/1/19 – 8/31/20 Service Line Fees Annual Service Fee 33 bikes @ $ 1,500 / bike 33 bikes @ $1,500 / bike TOTAL DUE $ 49,500 $49,500 All fees are non-refundable and due in advance of the beginning of the applicable Pace Renewal Year. Zagster, Inc. City of Fort Collins, Colorado By: ____________________________________ By: ___________________________________ Name: _________________________________ Name: ________________________________ Title: __________________________________ Title: __________________________________ Date: __________________________________ Date: _________________________________ DocuSign Envelope ID: 8FFE9F05-669F-4252-BAF2-2F96C5BCECBD Adrian Albus 11/12/2018 VP, Markets Gerry Paul Purchasing Director 11/13/2018