CM-11-06-131ROUND ROCK, TEXAS
PURPOSE. PASSION. PROSPERITY
Item Caption:
Approval Date: June 24, 2011
Department: Finance Department
Project Manager:
_Cheryl Delaney
Ci Mana
er Approval Summar Sheet
Consider Supplemental Agreement No. 1 to the City of Round Rock Agreement for
Purchase of Armored Car Service from Brinks, Inc. This will extend the term for
one year.
Item Summary:
This is a one year contract extension with Brinks, Inc. for Armored Car Services. Brinks pick-ups and
delivers deposits from various City locations to the City's depository bank, Bank of America. The original
agreement was awarded in 2009 for a two year term (ending July 17, 2011) with two one-year extension
options. This agreement will extend the term for one additional year (ending July 2012). The City still has
an option to extend for one additional year. Brinks, Inc. has performed satisfactorily during the initial
term.
Strategic Plan Relevance:
8.0 — Maintain and enhance public confidence, satisfaction and trust in City Government
13.0 Continue and enhance sound business and financial practices and tools.
Cost: $11,309.60 annually
Source of Funds: General & Utility Funds
REV. 6/10/10
SUPPLEMENTAL AGREEMENT NO. 1
TO "CITY 01? ROUND ROCK AGREEMENT <
EEEOFMENT FOR
PURCHASE U
ARMORED CAR SERVICES
FROM BRINKS INC."
THE STATE OF TEXAS
CITY OF ROUND ROCK §
COUNTY OF WILLIAMSON
COUNTY 01? TRAVIS
KNOW ALL BY THESE PR1 SENTS:
FIRM: Bri►akcs,_Ine.
ADDRESS:("'fie►rdoa•" )
R � FERE 1400 Smith Road, Suite A101, Austin, Texas 78721
NCE: Purchase of armored car services
This Supplemental Agreement No. 1 to "City of Round Rock Agreement for Purchase
of
Armored Car Services from Brinks, Inc. is made by and between the Cityof
offices located at 221 East Main Street, Round Rock, Texas 78664-5299 1 red o
as "City"),, Round Rock, with
t
and Brinks Inc„, with offices located at 1400 Smith Road, Suite (hereinafter
Aust referred s
78721 (hereinafter referred to as "Vendor").
Austin, Texas
WHEREAS, City and Vendor:• executed the original Agreement (hereinafter
referred to
as the "Agreement") on the 17th day of July, 2009; and
WHEREAS, it has become necessary to extend the original Agreement for onet
renewal period:
allowable
NOW THEREFORE
pzeznises considered, City and Vendor agree that the original
Agreement is amended as follows:
Sec 'on 2.01 shall be amended as follows:
A. This Agreement shall be effective on the date it has be
hereto, and shall remain in full force and effect unless and until it expires
by
operation of the terra :stated herein, or until terrain en signed by both parties
herein, atecl or extended as provided
B. The initial term of this Agreement shall be for two (2) consecutive twe Or
periods from the effective date hereof. After that tern, this Agreement may be
renewed for one term of twelve (12) months, with such renewal to occur on or
before the expiration elate of the preceding term, and with such renewal being
absolutely predicated upon the express written agreement of both parties. St
renewal is permitted only
contractual obligation specified in this origin aI Agreeendor has ment, each and every
C. Prices shall be firm for the duration of this Agreement and for any
periods. No separate line item ,charges shall be permitted for invoicing pmposes,
including but not limited to equipment rental, demurrage, costs associatedrenewal
218GOG/jkg p with
N-11{12-131
obtaining permits, or any other extraneous charges. City may
adjustments upwards only as a result of a cost increase in goods or services
accordance Y permit "unit price"
with the Producersted int
]tttp://stats.bls.nov/u i/ltome.lttnt. Any Price Index
Vendor int b1s,o 3 price increase shall be requested by
writing and accompanied by the appropriate documentation to justify
the requested increase. Vendor may offer price decreases in excess of the
allowable percentage change.
D. City reserves the right to review the relationship at any time, and may elect to
terminate this Agreement with or without cause or lnay elect to continue,
E. This Suplt]emenEaI Agreement
renewal of twelve(12) No. 1 embodies the first and only
re e J months, following the expiration of the originalwable
te m
(2) years, and this Siippleiiieuta! Agreement No. 1 extends the original
Agreement as to tltne only with no other changes in terms or conditions
the original Agreement.
g a!
of
IN WITNESS WHEREOF;,
City and Vendor have executed this Supplemental
Agreement No. 1 in duplicate originals,
BRINKS, INC.
By:
Printed
Title: ki
Date:
ante; Aitent".
CITY OF ROUND ROCK
By:
Steve No Z oc
Date: /
FOR CITY, ATTEST:
Sara L. White, City Secretary
FOR C TY, APPROVED AS TO FORM:
Ay Manager
City A torney
62.
2