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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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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 /> • <br /> . <br /> MIANl7-DADt COUNTY,FLORIDA • - _ CorrfractNo.RFQ000O8 <br /> respect to the Contractor's ability lo perform the Services or any portion thereof, the • <br /> County may request that the Contractor, within the timeframe set forth in the County's <br /> request, provide adequate assurances to the County, in writing, of the Contractor's ability <br /> to perform in accordance With the terms of this Agreement. UntiJ the County receives • <br /> such assurances, the County may request an adjustment to the compensation received <br /> by the Contractor for portions of the Services which the Contractor has not performed: <br /> In the event that the Contractor fails to provide to the County the requested assurances <br /> within the prescribed timefrarne, the County may: <br /> • <br /> i. treat such failure as a repudiation of this Agreement; and <br /> ii. resort to any remedy for breach provided herein-or at law, including but not limited <br /> to,takng over the performance of the Services•or any part thereof either by rtsclt or <br /> through others, <br /> c) rn the event the County shall terminate this Agreement for default, the County or its <br /> designated representatives may immediately take possession of all applicable <br /> equipment, materials, products,documentation,-reports and data• <br /> ARTICLE 25. NOTICE OF DEFAULT-OPPORTUNITY TO CURE <br /> if an Event of Default occurs in the determination of the County: the County may so notify the. <br /> Contractor {'Default Notice"), specifying the basis for such default, and advising the Contractor <br /> that such default must be cured immediately or this Agreement with the County may be <br /> terminated. Notwithstanding, the County may, in its Sole discretion, allow the Contractor to <br /> rectify the default.to the County's reasonable satisfaction within a thirty (30) day period. The • <br /> County may grant an additional period of such duration as the County shall deem appropriate <br /> without waiver of any of the County's rights hereunder, so long as the Contractor has <br /> commenced curing such default and is effectuating a cure with diligence and continuity during <br /> such thirty (30)clay period or any other period which the County prescribes. The default notice <br /> shall specify the date the Contractor shall discontinue the Services upon the Termination ination Dale. <br /> • <br /> ARTICLE 26. REMEDIES IN THE EVENT OF DEFAULT <br /> If an Event of Vefautt occurs, the Contractor shall be liable for all damages resulting from the <br /> default, including but not limited to: • <br /> a) lost revenues; <br /> b) the difference between the cost associated with procuring Services hereunder and the <br /> amount actually expended by the County for re-procurement of Services, including <br /> procurement and administrative costs; and <br /> c) such other direct damages. <br /> The Contractor shall also remain liable for any liabilities and crairns related to the Contractor's <br /> default. The County may also bring any suit or proceeding for specific performance or for an • <br /> injunction. <br /> • <br /> ARTICLE 27. PATENT AND COPYRIGHT INDENINIFICAT ON <br /> • a) The Contractor shall not infringe on any copyrights, trademarks, service marks, trade <br /> Page 14 of 26 <br /> • Rev.5/16114 ,y , <br />
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