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RPVCCA_CC_SR_2012_03_20_D_Agreement_Amendment_Econolite_Traffic_Engineering_Name_ChangeCrTYOF MEMORANDUM RANCHO PALOS VERDES TO: FROM: DATE:. SUBJECT: REVIEWED: Project Manager: HONORABLE MAYOR &CITY COUNCIL MEMBERS TOM ODOM,DIRECTOR OF PUBLIC WORKS ~~ MARCH 20,2012 AUTHORIZE AN AMENDMENT TO THE AGREEMENT BETWEEN THE CITY OF RANCHO PALOS VERDES AND ECONOLITE TRAFFIC ENGINEERING AND MAINTENANCE,INC. CAROLYN LEHR,CITY MANAGERcQ..,_ Nicole Jules,Senior Engineer "'"Y\r6 RECOMMENDATION Authorize the Mayor and City Clerk to execute the First Amendment to the Agreement between the City of Rancho Palos Verdes and Econolite Traffic Engineering and Maintenance,Inc.allowing a name change to Aegis ITS,Inc. BACKGROUND/DISCUSSION Econolite Traffic Engineering and Maintenance,Inc.(Team Econolite)performs traffic signal maintenance services on the City's traffic signals and control devices.Beginning January 1,2012,Team Econolite merged with its parent company,Aegis ITS and has requested an amendment to the Traffic Signal Maintenance Fiscal Years 2009-2010, 2010-2011,2011-2012 agreement. The requested change is in name only and will not affect Team Econolite's reporting structure,operations or maintenance services. Staff has verified that bonds and insurances have been reissued in the name of Aegis ITS,Inc. FISCAL IMPACT Adopting staff's recommendation will not result in an impact to the FY 2011-2012 budget. D-1 Attachments: First Amendment to Agreement between the City of Rancho Palos Verdes and Econolite Traffic Engineering and Maintenance,Inc. Econolite Traffic Engineering and Maintenance name change request letter. D-2 First Amendment to Agreement between the City of Rancho Palos Verdes and Econolite Traffic Engineering and Maintenance,Inc. This agreement is an amendment to the Traffic Signal Maintenance Fiscal Years 2009 -2010,2010 -2011,2011 -2012 agreement between the City of Rancho Palos Verdes ("City")and Econolite Traffic Engineering and Maintenance,Inc.("Contractor"), dated July 1,2009 ("Agreement").This amendment to the Agreement is effective as of March 20,2012 and is being made to change the name of the Contractor upon its request. Section 1.The introductory paragraph of the Agreement is hereby amended to read as follows: "This Agreement is made and entered this 1st day of July,2009,by and between the City of Rancho Palos Verdes (hereinafter referred to as "City")and Aegis ITS,an Econolite Group Company (hereinafter referred to as "Contractor")." Section 2.The Contractor's address for purposes of notice,which is set forth in Section 13 of the Agreement,is hereby amended to read as follows: "Aegis ITS,an Econolite Group Company 3360 E.La Palma Avenue Anaheim,California 92806-2856" Section 3.The signature box of the Agreement shall remain the same,and all signatures shall remain valid and binding,except that the Contractor's name is hereby amended to "Aegis ITS,an Econolite Group Company." Section 4.The signature box of Exhibit "F":Indemnification and Hold Harmless Agreement and Waiver of Subrogation and Contribution shall remain the same,and all signatures shall remain valid and binding,except that the Contractor's name,written twice,is hereby amended to "Aegis ITS,an Econolite Group Company." Section 5.Except as expressly amended by this amendment to the Agreement,all of the other provisions of the Agreement,including any incorporated documents,shall remain in full force and effect as written in the Agreement. [Signatures continued on next page.] R6876-0001\1349509v1.doc D-3 IN WITNESS WHEREOF,the parties hereto have executed this Agreement as of the date and year first above written. Aegis ITS,an Econolite Group Company ("Contractor") Signature:_ Printed Name:_ Title:_ Signature:_ Printed Name:_ Title:_ The City of Rancho Palos Verdes ("City") By:_ Mayor ATTEST: By:_ City Clerk R6876-0001\1349509v1.doc D-4 An Econolite Group Company RECEIVED City of Rancho Palos Verdes October 6,2011 OCT 11 2011 City of Rancho Palos Verdes Attn:Nicole Jules,P.E. Senior Engineer 30940 Hawthorne Boulevard Rancho Palos Verdes,CA 90275-5391 PUBLIC WORKS DEPARTMENT Re:Econolite Traffic Engineering &Maintenance to become a part of parent company,Aegis ITS Dear Nicole, Thanks for your time last week. As we discussed,Econolite Traffic Engineering &Maintenance (TEAM Econolite)will be merging with our parent company,Aegis ITS beginning January 1,2012.This change is being made to afford us the opportunity to provide our customers with complete Intelligent Transportation Systems (ITS),services while streamlining operations processes for enhanced customer service. This change,the consolidation of our technical and support capabilities,will allow us to offer our customers a complete spectrum of services. Please note that there will be no change to TEAM Econolite's reporting structure,or to current operations and maintenance contracts and services,ensuring that this transition will not affect our current relationship with the City of Rancho Palos Verdes. Please let us know what steps need to be taken to transfer the Company name from Econolite Traffic Engineering and Maintenance to Aegis ITS. Respectfully, Econolite Traffic En .~~........iRtenance Inc. 3360 E.La Palma Ave..~Anaheim,CA 92806-2856 Office:714-666-2296 '!Fax:71 Ji-&36-1123 ij 'A'WW,1:eameCCi10Iite.aom Lie No.007718.C-10 D-5