Reso 2026-4016 - Laserfiche WebLink

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1Iy Jt' . SECOND AMENDMENT TO THE AGREE, MENT THE CITY OF t\'\ SUNNY ISLES BEACH AND TEAM.CONTRACTING. INC. CONTRACT NC1. THIS SECOND AMENDMENT TO THE AGREEMENT between the CITY OF SUNNY ISLES BEACH (hereinafter "City") and TEAM CONTRACTING, INC., whose Federal Employer Identification (FEI) No. is 65-1002254 (hereinafter "Contractor"), executed this. 6 day of April 2026,. is made a part of the original Agreement between the City and the Contractor, dated September 4, 2024, as amended on September 23, 2025, attached hereto collectively as Exhibit "1 and incorporated herein. The City and Contractor hereby agree as follows.: 1. CONTRACT DOCUMENTS. City and Contractor wish to amend Section 2 of the Agreement, entitled "The Contract Documents," to incorporate Contractor's Proposal, appended hereto as Exhibit "2," into the Agreement,; and to be made: part of the "Contract Documents." 2. TERM. City and Contractor wish to amend Section 4 of the Agreement, entitled "Term to provide additional time to complete the Services, as follows: Subject to the provisions relating to the termination of this Agreement as set forth hereunder, all Services.shall be completed by, and the term of this Agreement shall expire on, July 30, 2026 3. COMPENSATION. City and Contractor wish to amend Section 5 of the Agreement, entitled "Compensation," to provide additional compensation in an amount not to exceed Two Hundred Thirty -Four Thousand Ten Dollars and Fifty -Five Cents ($234,010.55). The additional compensation provided herein will bring the total not -to -exceed Agreement amount to Six Hundred Eighty -Four Thousand Three Hundred Four Dollars and Seventy -Three Cents ($684,304.73), subject to the following revised Payment Schedule: B. Payment. Schedule. Payment to Contractor of the sum set forth herein shall be allocated based upon the following: Execution of Agreement ..$39,295.51 Delivery of Building .............................. ................$157,182.27 Helical Piles, Slab, Building Erected.............. .................. $230,552.74 Engineering, Electrical, Mechanical, and Fire ..................... $103,457.81 Final Completion .............................. ..................$153,816.34 Retainage of five percent (51/6) will be deducted from each payment, to be paid at, final completion, subject to the terms of the Agreement. 4. OTHER PROVISIONS REMAIN IN EFFECT. Except as specifically modified herein, all terms and conditions of the original Agreement shall remain in full force and effect. TEAM CONTRACTING, INC. - SECOND AMENDMENT Page I of 4