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CM-2020-247 - 9/18/2020DocuSign Envelope ID: ECF3COB4-6E4A-4F99-BD3E-2D5995DE4951 SUPPLEMENTAL AGREEMENT NO.3 TO "CITY OF ROUND ROCK AGREEMENT FOR PURCHASE OF ARMORED CAR SERVICES" WITH BRINKS, INCORPORATED CITY OF ROUND ROCK ) STATE OF TEXAS ) COUNTY OF WILLIAMSON ) COUNTY OF TRAVIS ) KNOW ALL BY THESE PRESENTS: This Supplemental Agreement No. 3 to "City of Round Rock Agreement for Purchase of Armored Car Services," hereinafter called the "Supplemental Agreement No. 3," is made by and between the City of Round Rock, Texas, a Texas home -rule municipality, whose offices are located at 221 East Main Street, Round Rock, Texas 78664-5299, hereinafter called "City," and Brinks Security, whose offices are located at 1106 Smith Road, Austin, Texas 78721, hereinafter called "Vendor" or `Brinks, Incorporated." WHEREAS, City and Dunbar Armored (now `Brinks, Incorporated") executed an "Agreement for Purchase of Armored Car Services," hereinafter called the "Agreement" on September 10, 2015, by Resolution No. R-2015-2789; and WHEREAS, the City and Dunbar Armored previously executed a Supplemental Agreement No. 1 ("Term Renewal Agreement No. 1 ") and Supplemental Agreement No. 2 ("Term Renewal Agreement No. 2") extending the Agreement for two (2) successive twelve (12) month renewal periods; and WHEREAS, the parties desire to extend the term of the Agreement for an additional three (3) months commencing upon the expiration date of the second renewal term; NOW THEREFORE, premises considered, and in consideration of the mutual promises and obligations in the Agreement and this Renewal Agreement, the City and Vendor agree as follows: I. The Agreement, the term of the Agreement is renewed for three (3) months and shall commence upon expiration of the second renewal term of the Agreement. II. The City shall be authorized to pay the Vendor an amount not to exceed Three Thousand Six Hundred and No/100 Dollars ($3,600.00) for the three (3) month extension term. �m���`f'� 00453563/ss DocuSign Envelope ID: ECF3COB4-6E4A-4F99-BD3E-2D5995DE4951 This Supplemental Agreement No. 3 shall extend the original Agreement as to time and costs only as set forth herein, with no other changes in terms or conditions of the original Agreement. IN WITNESS WHEREOF, the City and Vendor have executed this Supplemental Agreement No. 3 to be effective as of the last date of due execution by both parties. CITY OF ROUND ROCK, TEXAS By: Printe< Title: Date S ATTEST: By: 11 12 S L�� " ' , City Clerk j FOR CITY, APPROVED AS TO FORM: B L Y• Stephan . Sheets, City Attorney BRINKS, INCORPORATED Doeu3tpned by: By: -SdL AwYng Printe cc6sh7M Elroy Title: Senior Director Admin. & Mktg. Date Signed: 8/31/20 City of Round Rock ROUND ROCK TEXAS Agenda Item Summary Agenda Number: Title: Consider executing Supplemental No. 3 to "City of Round Rock Agreement for Purchase of Armored Car Services with Brinks, Incorporated." Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 9/18/2020 Dept Director: Susan Morgan, CFO Cost: $3,600.00 Indexes: General Fund Attachments: Agreement - Brinks Incorporated Department: Finance Department Text of Legislative File CM-2020-247 Consider executing Term Renewal No. 3 to "City of Round Rock Agreement for Purchase of Armored Car Services" with Brinks Security F/K/A Dunbar Armored. The City is requesting a three-month extension of the existing contract. The City issued RFP 20-026 in August of 2020 to competitively solicit offers for a new armored car services contract and requires the additional time to complete the evaluation of the RFP, draft a new contract with the selected offeror, and submit the contract to Council for approval. Armored car service is widely considered the safest way to transport the City's funds from one location to another. Dunbar picks up deposits from various City locations and then delivers the funds to the City's depository bank, JPMorgan Chase Bank. Recommended Action Staff recommends approval. Cost. $3,600.00 Source of Funds: General Fund City of Round Rock Page 1 of 1