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Reso 2020-3052
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Reso 2020-3052
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Last modified
2/25/2021 9:27:08 AM
Creation date
2/21/2020 3:19:44 PM
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Template:
CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2020-3052
Date (mm/dd/yyyy)
02/20/2020
Description
Approve 1st Amend w/PFM Financial Advisors for Financial Consulting Svcs
Supplemental fields
Expiration Date
2/20/2022
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• • <br /> MIAMI-DADE COUNTY,FLORIDA • ContractNo.RFQ0(1008 <br /> County's materials and property; <br /> iii. cancel orders; <br /> iv. assign to the County and deliver to any location designated by the County any non • <br /> - <br /> cancelable orders for Deliverables that are not capable of use except in the <br /> performance of this Agreement and has been specifically developed for the sole <br /> purpose of this Agreement and not incorporated in the Services; • <br /> v. take no action which will increase the amounts payable by the County under this <br /> Agreement; and <br /> t) in the event that the County exercises its right to terminate this Agroernert, the <br /> Contractor will be compensated as stated in the payment Articles herein for the: <br /> i. portion of the Services completed in accordance with the Agreement up to the <br /> Effective Termination Date; and <br /> ii. noncancelable Deliverables that are not capable of use except in the <br /> • <br /> performance of this Agreement and has been specifically developed for the sale <br /> -purpose of this Agreement, but not incorporated in the Services. <br /> g) All compensation pursuant to this Article are subject to audit. <br /> • <br /> ARTICLE 24., EVENT OF DEFAULT <br /> • <br /> a) An want of Default shall mean a breach of this Agreement by the Contractor. Without <br /> limiting the generality of the foregoing, and in addition to those instances referred to <br /> herein as a breach, an Event of Default shall include the following: <br /> i. the Contractor has not delivered Deliverables on a timely basis; <br /> • <br /> ii. the Contractor.has refused or failed to supply enough properly skilled staff <br /> personnel; <br /> the Contractor has faded to make prompt payment to subcontractors or suppliers for <br /> any Services; <br /> • <br /> iv, the Contractor has become insolvent (other than as interdicted by the bankruptcy <br /> • laws), or has assigned the proceeds received for the benefit of the Cnntractoi's <br /> creditors, or the Contractor has taken advantage of any insolvency statute or <br /> debtor/creditor law or if the Contractor's affairs have been put in.thehands of a <br /> receiver; <br /> v. the Contractor has failed to obtain the approval of the County where required by this <br /> Agreement; <br /> vi. the Contractor has failed to provide "adequate assurances' as required under • <br /> subsection b below; <br /> E ori. the Contractor has failed in the repioseniation of any warranties stated herein. <br /> b) When, in the opinion of the County, roesonable grounds for uncertainty exist with <br /> Page i3of25 <br /> Rev.5/16114 <br />
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