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HomeMy WebLinkAboutES10-142 - Amendment - #2 - Alliant Insurance Services - Increase for Broker Services - 8/7/24 FOR CITY OF KENT OFFICIAL USE ONLY Sup/Mgr: Agreement Routing Form DirAsst: • For Approvals,Signatures and Records Management Dir/Dep: KENT This form combines&replaces the Request for Mayor's Signature and Contract Cover (Optional) WASHINGTON Sheet forms. (Print on pink or cherry colored paper) Originator: Department: Ellaine Wi, Ext. 5285 Human Resources Date Sent: Date Required: > 08/07/2024 0 i Mayor or Designee to Sign. Date of Council Approval: a CL Q Interlocal Agreement Uploaded to Website N/A Budget Account Number: Grant? Yes❑ NOW] 56701450 1 1751 1 64630 Budget? Yes�No Type: N/A Vendor Name: Category: Alliant Other Vendor Number: Sub-Category: = 165001 Amendment 0 Project Name: Amendment to Contract with Alliant Insurance Services p £ Project Details:0 Insurance Broker Services c c Agreement Amount: 60,000.00 Basis for Selection of Contractor: £ � Memo to Mayor must be attached sue. Start Date: 8/7/2024 Termination Date: Q Local Business?❑Yes❑No*lfmeet5 requirements per KCC3.70.100,please complete"Vendor Purchase-Local Exceptions"form on Cityspace. Business License Verification: El Yes❑In-Process❑Exempt(KCC 5.01.045) ElAuthorized Signer Verified Notice required prior to disclosure? Contract Number: ❑YesF,—/]No ES10-142 Comments: 1A W This is an amendment to the original contract with Alliant Insurance M 0 Services, Inc. (ES10-142). The fee for broker services is increasing from t _ v� W $55,000 to $60,000. 3 0 a, a, Date Received:City Attorney: Date Routed:Mayor's Office City Clerk's Office ad«W22373_1_20 Visit Documents.KentWA.gov to obtain copies of all agreements rev.20221201 AMENDMENT NO. 2 to the PROFESSIONAL SERVICES AGREEMENT between the CITY OF KENT and ALLIANT INSURANCE SERVICES, INC. THIS AMENDMENT is made between the CITY OF KENT ("City") and ALLIANT INSURANCE SERVICES, INC. ("Alliant") and amends the original Professional Services Agreement dated June 28, 2010 ("Agreement"), and AMENDMENT NO. 1 dated October 26, 2011, between these parties. All other provisions of the original Agreement and previous Amendments not inconsistent with this Amendment shall remain in full force and effect. For valuable consideration and by mutual consent of the parties, the City and Alliant agree as follows: I. The contract amount stated in Section 5 of AMENDMENT NO. 1, is modified as follows: III. COMPENSATION. The City shall pay Alliant an annual amount not to exceed $60,000, for the insurance brokerage services described in the original Agreement and previous Amendments. If the cost of Alliant's services will exceed $60,000 in any given year, the parties shall negotiate and execute an amendment before any additional compensation will be due to Alliant and owed by the City. II. Alliant accepts all requirements of this Amendment by signing below, and, by its signature, waives any protest or claim it may have regarding this Amendment. III. All acts consistent with the authority of the Agreement, previous Amendments, and this Amendment prior to the effective date of this Amendment are hereby ratified and affirmed, and the terms of the Agreement, previous Amendments, and this Amendment shall be deemed to have applied. IV. The parties whose names appear below, swear under penalty of perjury, that they are authorized to enter this Amendment, which is binding on the parties of this Contract. IN WITNESS, the parties below execute this Amendment, which shall become effective on the last date entered below. ALLIANT INSURANCE SERVICES, INC. CITY OF KENT Printed Name: Brian A. White Printed Name: Holly Harvey-Smith Its: Senior Vice President Its: Human Resources Director Date: 8/7/25 Date: --t I ALLIANT INSURANCE SERVICES, INC. Contract No. ES10-142, AMENDMENT NO. 2 Page 1 of 2 NOTICES TO BE SENT TO: NOTICES TO BE SENT TO: Brian A. White, Senior Vice President Ellaine Wi, Risk Manager Alliant Insurance Services, Inc. City of Kent, HR Department 401 Union Street, 31st Floor 220 Fourth Avenue South Seattle, WA 98101 Kent, WA 98032 Telephone: (206) 204-9140 Telephone: (253) 856-5285 Facsimile: (206) 204-9205 Facsimile: (253) 856-6270 ALLIANT INSURANCE SERVICES, INC. Contract No. ES10-142, AMENDMENT NO. 2 Page 2of2