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HomeMy WebLinkAboutC2022-018 - 1/25/2022 - Approved DocuSign Envelope ID:3A2B1FF4-6741-47F7-8F57-F7CCACED7CA4 uocuslgn Envelope iu:6MEECU-319u-458A-t3AA9-EZ85uu1FNU9 C� Amendment "`ORPpeA'E� City of Corpus Christi 1852 Contracts and Procurement Date: December 9, 2021 Merchant Agreement No.: Merchant Application and Agreement Reference: N/A Amendment No. 5 Merchant Agreement Current Estimated Value: $5,510,000 The CITY OF CORPUS CHRISTI, TEXAS, hereinafter referred to as the City, and Worldpay, tnc.,"I hereinafter referred to as the Contractor, do hereby make and enter into this amendment (the "Amendment") which, together with the Merchant Application and Agreement(the "Agreement')and all other duly executed amendments, constitutes the entire agreement between the City and the Contractor. I. This Amendment modifies the Term of the Agreement to extend it to August 16, 2022, in order to allow additional time for the procurement process and award of a new contract to a successful bidder, or until the effective date of any new agreement the City awards for this service, whichever occurs earlier. The City will provide notice of the award of a new contract. The Term is revised as follows: 1. Current Agreement Term: 02/18/2016 - 08/17/2021 2. Revised Agreement Term: 02/18/2016 - 08/17/2022 II. Increases the estimated value of the Agreement by $1,686,800.00 for the additional Term based on the projected credit card transaction volume; therefore, the revised estimated value of this Agreement is $7,196,800.00. The Contractor and the City agree to and shall abide by all terms and conditions of the original Agreement and any amendments to that Agreement, to the extent they are not in conflict with the terms of this Amendment. DocuSigned by: 12/11/2021 1 15:02 EST 9819F9A3E660471Date APPROVED AS TO LEGAL FORM: ... DocuSigned by: Worldpay, I>� LLC �,tA04 ( " 2/8/2022 DocuSigned by: sslgf6M1 YAttorney Date 2/10/2022 JoOMon ey Date M2022-014 Authorized By Assistant Director, Finance-Procurement City of Corpus Christi, Texas Council 01-25-2022 ATTEST: Docusigned by: � 4 7N Rebecca Huerta Ds City Secretary