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Amendment to Agreement No. 4 - Paratransit Services - Deputy Director Riske-Gomez
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Requested Action(s)
recommendation
Amendment Review Number 4, Review and Approve Amendment No. 4 to the existing agreement with Paratransit Services.
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Financial Impact:
$99,928.83 in Local Transportation Funds (LTF)
Background Information:
Staff are requesting approval of Amendment No. 4 to the agreement with Paratransit Services. This amendment reflects an increase in compensation to address higher insurance premium rates that have impacted on the cost-of-service delivery.
The amendment is substantively identical in rationale and structure to Amendment No. 3, which was previously approved to address a similar insurance-related cost increase.
Summary of Amendment No. 4:
• Purpose: To adjust contract compensation to reflect increased insurance premium costs incurred by the contractor.
• Funding Source: Local Transportation Funds (LTF)
• Amount: $99,928.83
• Impact: This adjustment ensures that paratransit services can continue without disruption or a reduction in service quality while accounting for documented increases in insurance costs.
Staff recommends approval of this amendment to maintain continuity of service and meet the contractor’s verified cost obligations. Please review the attached documentation. Additional supporting materials (e.g., insurance rate breakdowns or budget justifications) are available upon request.