HomeMy WebLinkAboutContracts & Agreements_84-2018FIRST AMENDMENT TO THE AGREEMENT FOR THE PROVISION OF
NON-PROFESSIONAL SERVICES WITH PINNACLE PETROLEUM, INC
This first amendment ("First Amendment") to the agreement dated July 19, 2016, (the
`'Agreement"), by and between the City of Redlands, a municipal corporation ("City") and Pinnacle
Petroleum, Inc ("Contractor"), is made and entered into this 15th day of May, 2018
RECITALS
WHEREAS, it is the desire of City and Contractor to amend their existing Agreement,
specifically Article 5 entitled "Payments to Contractor," to increase Contractor's second and third
terms total compensation amounts for the supply of 87 Octane and Diesel fuel to the annual amount
of Six Hundred Forty Thousand Dollars ($640,000),
NOW, THEREFORE, City and Consultant agree as follows
AGREEMENT
Section 1 Article 5 of the Agreement, entitled "Payments to Contractor," is hereby
amended to read as follows
"5.1 The total annual compensation for Contractor's performance of the Services shall not
exceed the amount of Five Hundred Forty Thousand Dollars ($540,000) for the Initial Term
of this Agreement and Six Hundred Forty Thousand Dollars ($640,000) for each of the
Extended Terms of this Agreement, for total compensation under this Agreement being an
amount not -to -exceed One Million Eight Hundred Twenty Thousand Dollars ($1,820,000)
City shall pay Contractor on a time and materials basis up to the not to exceed amount in
accordance with Exhibit "B" entitled "Price and Fee Bid" attached hereto and incorporated
herein by reference "
Section 2 All other provisions of the Agreement shall remain in full force and effect
IN WITNESS WHEREOF, the parties have executed this First Amendment to be effective
as of May 15, 2018
CITY OF REDLANDS PINNACLE P1?TROLEUM
By�� C�� By
Paul W Foster, Mayor j Liz
J
ATTEST
Anne Donaldson, City Clerk
I
I Icaldjm\Agreements\First Amendment to the Agreement with Pinnacle Petroleum docx
EXHIBIT "B"
PRICE AND FEE BID
87 Octane Fuel, as specified
The first OPIS Daily Colton as of 512312016
Unbranded Rack Average price quote per gallon
Bidder's markup per gallon
(Including freight) for delivery to Redlands
$1713 (a)
$-0057 (b)
Net price per gallon delivered to Redlands (TOTAL) $1656 (c)
Ultra Low Clear Diesel, as specified
The first OPIS Daily Colton as of 5/2312016
Unbranded Rack Average price quote per gallon $1663 (a)
Bidder's markup per gallon
(Including freight) for delivery to Redlands $+00120 (b)
Net price per gallon delivered to Redlands (TOTAL) $ 1.675 (c)
2
11ca1djm\AgreementsTirst Amendment to the Agreement with Pinnacle Petroleum docx