#16-6613 (Amendment No. 1 Assured Partners of FL, LLC) FIRST AMENDMENT TO AGREEMENT# 16-6613 FOR
PROPERTY CASUALTY BROKERAGE SERVICES
THIS AMENDMENT made and entered into on this ' day of 01( 2019, by
and between Assured Partners of Florida,LLC(the"Contractor")and Collier County,a political subdivision
of the State of Florida, (the"County"):
WHEREAS, on October 25, 2016, (Agenda Item 16.E.1), the County entered into an Agreement
with the Contractor to provide casualty insurance brokerage services; and
WHEREAS,the parties desire to renew and extend Agreement# 16-6613 commencing on January
1, 2020 and continuing through December 31, 2021, and to amend the Agreement to revise Exhibit B, Fee
Schedule,to include pricing for years 2020 through 2021; and
WHEREAS,all other terms and conditions of the Agreement shall remain the same.
NOW,THEREFORE, in consideration of the mutual promises and covenants herein contained, it
is agreed by the parties as follows:
1.The parties agree to renew and extend Agreement# 16-6613 commencing on January 1,2020 and
continuing through December 31,2021.
2. Exhibit B, Fee Schedule, is hereby amended, as outlined in Exhibit B-1, attached hereto and
incorporated into the Agreement.
Words el ough are deleted; Words Underlined are added
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First Amendment to Agreement#16-6613
IN WITNESS WHEREOF, the parties hereto, have executed this Amendment on the date and year
first written above,by an authorized person or agent.
ATTEST 'W'' •• rl`-' BOARD OF _ 11 UNTY COMMISSIONERS
CRY AL g:IUNZEL,•CLERK& COLLIE'' yORIDA
COL It ,- C?).
By: OA! '
Signatur m* ' anis Wi'ham L. McDaniel,Jr.,Chai an
Date: Oil
(seal)
Contractor's Witnesses: CONTRACTOR
--- (� ASSUR�I PARTNERS OF FLORIDA,LLC
it t Witness By: ` ! CLA—
Signature
Sara Hines
TTyp /print witness nameT Steve Bueltel President
j'i7Cs449- TType/print signature and titleT
econd WitnessApp5tis to Fo an Legality:
Analie Maestu
TType/print witness nameT Deputy County ttorney
—__..C.z,it- k-7:-.(ii.-- -
Print Name
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First Amendment to Agreement#16-6613
Exhibit B-1 - Fee Schedule
Period Annual Unit Price Payable in 1/12th *(1) Estimated Commissions
monthly payments to be Paid by the Carrier
1/1/17 to $75,000 $6,250 $43,500
12/31/17
1/1/18 to $75,000 $6,250 $45,600
12/31/18
1/1/19 to $75,000 $6,250/ $47,900
12/31/19
1/1/20 to $75,000 $6,250/ $47,900
12/31/20
1/1/21 to $75,000 $6,250/ $47,900
12/31/21
*(1) No agent or broker is permitted to write Flood policies in the National Flood Insurance
Program (NFIP) net of commission. The Estimated Commissions are for NFIP Flood
policies only are based on the current policy schedule and IRMS history of writing these
policies for Collier County.
(2) The future estimated commissions are very hard to predict because of the changes
NFIP makes and the changes that IRMS constantly make to the policies. The estimated
commissions could actually come in lower than what is stated above. At the end of each
contract period IRMS will provide an annual commission statement to the County for all
NFIP policies.
(3) The cost to handle the negotiation and placement of mono-line Builders Risk policies
is included the fee schedule above.
Words ick Through are deleted; Words Underlined are added
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First Amendment to Agreement#16-6613 CAO