Staff report recommending approval of an ... - City of Inglewood

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1 Contractor less a reimbursement fee of two dollars and fifty cents ($2.50) per account. 2 The FTB fee reimbursement fee may be adjusted annually. However, any change 3 (increase/decrease) will require City’s prior written approval. 4 2.6 Franchise Tax Board (FTB) Lite Service Process. Contractor shall pay 5 City a commission of ten percent (10%) of collection fees paid to Contractor less a 6 collection reimbursement fee of two dollars and fifty cents ($2.50) per account. The 7 FTB fee reimbursement fee may be adjusted annually. However, any change 8 (increase/decrease) will require City’s prior written approval. 9 3.0 Full Service Collections Program. Contractor shall pay City a 10 commission of eleven percent (11%) of collection fees paid to Contractor. 11 3.1 If City elects to exercise its option to extend the term of this Agreement, 12 City’s commission from Contractor shall increase from eleven percent (11%) to twelve 13 and one-half percent (12.5%) on all collection fees paid to Contractor less a collection 14 reimbursement fee of two dollars and fifty cents ($2.50) per account. 15 4.0 Contractor shall be responsible for providing City Client(s) with FTB 16 collection services and all associated costs (including but not limited to: SSN’s, notice 17 printing, mailing, receipt of payments, and other optional customer services). 18 4.1 City Client(s) may select additional collection services such as skip 19 tracing, customer service and remittance processing. Depending on the services 20 provided, Contractor shall be entitled to a collection service fee, from City Clients, 21 between fifteen percent (15%) and thirty-five percent (35%). Additional services 22 include skip tracing, customer service and remittance processing. 23 5.0 Contractor is responsible for the planning and preparation of the annual 24 FTB Tax Offset filing with the State of California by the second Monday in December. 25 If Contractor fails to complete the filing as required, City may impose on Contractor a 26 penalty fee of seventy five dollars ($75.00) for each calendar day, continuing to the 27 time the FTB accepts the FTB Tax Offset filing. 28 N:\CAMPO5K\K\ITC\ICMS\LES.doc Page 8 of 19
1 6.0 Additionally, Contractor is solely financially responsible for the action or 2 inaction of its staff that result in a disruption of services, penalties being assessed 3 and/or requests for fee waivers by/to City and/or City Clients. 4 7.0 City shall retain and Contractor shall not be entitled to a collection fee or 5 portion of a collection fee on any account that is received after one hundred twenty 6 (120) days after the termination of this Agreement. 7 ARTICLE 4—TERM 8 This Agreement shall begin on the date of its full execution and expire on April 9 16, 2015 unless terminated earlier. City, at its sole option, has the right to extend the 10 term of this Agreement for an additional three (3) year period, based on the same 11 terms and conditions of this Agreement. City shall notify Contractor in writing of its 12 exercise of its option for an additional term not less than sixty (60) days prior to the 13 end of the then current term. 14 ARTICLE 5—TERMINATION 15 City shall have the right at any time to temporarily suspend Contractor’s 16 performance under this Agreement, in whole or in part, by giving a written notice of 17 suspension to Contractor. If City gives such notice of suspension, Contractor shall 18 immediately suspend its activities under this Agreement, as specified in such notice. 19 City shall have the right to terminate this Agreement at any time by giving a 20 written notice of termination to Contractor. 21 Upon such suspension or termination by City, Contractor may be paid for the 22 services rendered to City in accordance with the scope of services on or before the 23 effective date of the suspension or termination. However, if this Agreement is 24 suspended or terminated on account of a default by Contractor, City will be obligated 25 to compensate Contractor only for that portion of Contractor’s services which are a 26 direct and immediate benefit to City as determined by the City Manager. City shall not 27 in any manner be liable for lost profits, interest, or late fees that Contractor might have 28 N:\CAMPOSK\K\ITc\IcMS\LES.doc Page 9 of 19
Page 1 and 2: DATE: TO: FROM: CITYOFINGLEWOOD OFF
Page 3 and 4: Mayor and Council Members Page 3 of
Page 5 and 6: 1 AGREEMENT No.: 11- 2 THIS AGREEME
Page 7 and 8: 1 number and timing of notices that
Page 9 and 10: 1 13 Training. Contractor shall, at
Page 11: 1 that lists the commissions earned
Page 15 and 16: 1 ARTICLE 8— OWNERSHIP OF DOCUMEN
Page 17 and 18: 1 of deposition, request for docume
Page 19 and 20: 1 1. Additional Insured. The City,
Page 21 and 22: 1 ARTICLE 14— GOVERNING LAW; VENU
Page 23: 1 event the entire Agreement shall

Staff report recommending approval of an ... - City of Inglewood

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