Loading...
HomeMy WebLinkAboutPR 18246: CONSULTING CONTRACT WITH MUNISERVICES, LLC City of Port Arthur Memorandum To: John A. Comeaux, P.E., Interim City Manager From: Deborah Echols, Director of FinanceJe Date: March 26, 2014 Re: PR 18246 I recommend that the City Council adopt Proposed Resolution 18246 authorizing a contract with MuniServices, LLC for Sales Tax Compliance Review and Sales Tax Analysis and Reporting Services. S:\ Finance\Resolutions\Muniservices Cotnract Sales Tax.docx P.R. 18246 3/14/2014 dhe RESOLUTION NO. A RESOLUTION AUTHORIZING A CONSULTING CONTRACT WITH MUNISERVICES, LLC FOR SALES TAX COMPLIANCE REVIEW ON A CONTINGENCY FEE BASIS. PROVIDING FOR PAYMENT OF 35% OF SALES TAX RECOVERED AND A SALES TAX ANALYSIS AND REPORTING SERVICES PACKAGE (STARS) IN AN AMOUNT NOT TO EXCEED $8,000. ACCOUNT #001 - 1031 - 515.54 -00 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: THAT the City Manager of the City of Port Arthur is hereby authorized and directed to execute on behalf of the City of Port Arthur a consulting contract between the City and MuniServices, LLC for Sales Tax Compliance Review and Sales Tax Analysis and Reporting Services to assist the City in realizing all of the sales tax revenue to which it is entitled; and THAT a copy of said contract is attached hereto and made a part hereof as Exhibit "A "; and, THAT a copy of the caption of this resolution be spread upon the Minutes of the City Council. READ, ADOPTED, AND APPROVED, this day of April, 2014, A.D., at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: Council members: NOES: Deloris "Bobbie" Prince, Mayor ATTEST: S:\ Finance \Resolutions\Muniservices Cotnract Sales Tax.docx Sherri Bellard, City Secretary APPROVED AS TO FORM: j Valecia Tizeno, C' y Attorney APPROVED FOR ADMINISTRATION: John A. Comeaux, P.E., Interim City Manager APPROVED AS TO AVAILABILITY OF FUNDS: • Deborah Echols, Director of Finance S:\ Finance\Resolutions\Muniservices Cotnract Sales Tax.docx • MuniServices, LLC Consultant Services Agreement 1. Us. We are MuniServices, LLC, a Delaware limited City of Port Arthur Liability company, and a wholly owned Attn: Deborah Echols, Finance Director subsidiary of Portfolio Recovery Associates, Inc.; 444 4th Street with an office at 7625 N. Palm Avenue, Suite 108, Port Arthur, TX 77640 Fresno, California 93711. In this Agreement we Email: deborah.echols @portarthur.net are referred to as "MuniServices" or "we ", "our ", Facsimile: 409.984.5463 "us. We use our sister company, RDS, to assist us with work. Sometimes we will refer to you and us as the "Parties." 3. Our Services and your payment. We will provide you with the services listed in If you need to contact us a short list of helpful Attachment 1 (the "Services "). You will pay us contacts is attached as Attachment 3. the fees listed in that same Attachment. If we are providing more than one Service, each service If you are sending us a notice required by this will have a separate attachment and will be Agreement, send it to: labeled Attachment 1- 1,1 -2, etc. MuniServices, LLC 4. What our Services do not include. Attn: Legal Department We do not provide to you or any third - parties 7625 N. Palm Avenue, Suite 108 any legal advice or services. We also do not Fresno, CA 93711 provide tax advice to you or third parties. Also Email: legal @muniservices.com we cannot and therefore do not establish: the tax Facsimile: 559.312.2957 rates due from taxpayers; and the penalties and fees that are assessed against taxpayers (though When providing notice to us, you must also we will calculate these amounts for you as part provide a copy of the notice to: PRA General of the Services once you have established the Counsel, 120 Corporate Blvd., Suite 100, Norfolk, rates). We also do not determine either the VA 23502. All notices, including notices of amount of refunds or the proper government address changes, provided under this Agreement account(s) that taxpayer receipts shall be are deemed received on the third day after deposited into. mailing if sent by regular mail, or the next day if sent overnight delivery. We do not accept 5. Term of this Agreement. notices by email or facsimile. Notice of rate The initial term of this Agreement begins on changes or distribution changes must be sent by , 2014 (the "Effective certified mail. Date ") and continues for a period of one year from the Effective Date. Thereafter the Parties 2. You. will have the option to renew the Agreement for You are the City of Port Arthur. You are a successive one year terms (each a `Renewal municipal corporation of the State of Texas. In Term "), unless either party notifies the other in this Agreement we will refer to you as "Client ", writing of its intent not to renew 90 days prior to "you ", "your", "yours ". If we are sending you a the end of the initial term or any Renewal Term. notice required by this Agreement, we will send There are some other ways this Agreement can it to: end and those are found in Article I of the General Provisions, Attachment 2. Port Arthur, TX - SUTA, STARS 032114 1 6. General Provisions. The parties are also bound by the General Provisions as set forth in Attachment 2 of this Agreement, which are by this reference incorporated into this Agreement. If something in this Agreement contradicts the General Provisions, then what is said in this Agreement governs rather than the General Provisions. The Parties are signing this Agreement on the Effective Date indicated in Section 5 above. MuniServices, LLC City of Port Arthur, a Municipal Corporation By: " , , t t, By Lisa : roussard, CPA VP Central Operations Print Name: Title: ATTEST: City Clerk Port Arthur, TX - SUTA, STARS 032114 2 ATTACHMENT 1 Sales Tax Compliance Review Article 1- Objectives and Methods MuniServices' Sales Tax Compliance Review is designed to assist Client with economic forecasting and in preserving and enhancing its sales and use tax revenues by detecting, documenting, and correcting sales tax misallocations thereby producing previously unrealized revenue for Client while giving the Client a more accurate sales tax base upon which to forecast its revenue. Article 2 -Scope of Work In providing the Sales Tax Compliance Review, MuniServices shall: • Meet with Client's designated staff to review service objectives, scope, procedures, coordination of effort, work plan schedule, public relations, and logistical matters. • Establish an appropriate liaison with the Client's coordinator and define logical checkpoints for reviewing progress. • Perform a review of the Client's businesses' sales /use tax remittances in an effort to ensure proper application of local sales /use tax law and achieve past and /or prospective compliance, as applicable. • On behalf of the Client, MuniServices will assist the businesses, as necessary, in the preparation and filing of amended returns and /or reallocation requests with the Comptroller's office in order to gain compliance. MuniServices and /or the Client may also provide additional documentation to the Comptroller's office to request its assistance in gaining compliance from taxpayers as needed. Article 3- Deliverables Progress Reports MuniServices will provide periodic progress reports to Client in the form of status updates. These progress reports will also indicate areas in which Client staff may further assist and improve the sales tax compliance review activities provided hereunder. MuniServices' progress reports will identify errors /omissions detected, documented and corrected and report on other services of benefit to Client for the time period covered. Article 4- Compensation What the Client will pay MuniServices. Provided that the Effective Date is on or before June 30, 2014, in exchange for MuniServices performing the work indicated above, the Client will pay MuniServices as follows: The Client shall pay MuniServices a 35% contingency fee. The fee applies to the sales and use tax revenue received by the Client from correction of taxpayer reporting errors detected and documented by the Sales Tax Compliance Review. The Contingency Fee applies to: (a) past compliance -- sales and use tax revenues received by the Client from prior periods; and /or (b) prospective compliance -- sales and use tax revenues received by the Client from proper reporting for the first eight consecutive reporting quarters. MuniServices will invoice Client quarterly based on past and /or prospective compliance secured on behalf of Client. Invoices are due and payable upon receipt. All expenses incurred by MuniServices in providing the Sales Tax Compliance Review are the sole and exclusive responsibility of MuniServices, except those expenses that receive prior written approval by Client. Additional Consulting Client may request that MuniServices provide additional consulting services at any time during the term of this Agreement. If MuniServices and Client agree on the scope of the additional consulting services requested, then Port Arthur, TX - SUTA, STARS 032114 3 MuniServices shall provide the additional consulting on a Time and Materials basis. Depending on the personnel assigned to perform the work, standard hourly rates range from $75 per hour to $300 per hour. These additional consulting services will be invoiced at least monthly based on actual time and expenses incurred. Article 5 - Client Obligations Client shall assist MuniServices by providing necessary information and assistance to include, without limitation, the following: • Providing MuniServices, on a timely basis, information necessary to conduct its compliance review activities including but not limited to monthly tax payment histories. • Providing two letters of authorization identifying MuniServices to local businesses and to the Texas Comptroller of Public Accounts and /or other state agencies as an authorized agent of Client to perform sales and use tax reviews and to receive and examine taxpayer records (hard copy and electronic) necessary to assure sales and use tax compliance and revenue forecasts. • Pursuing in good faith corrective action on errors and omissions detected by MuniServices. • Issuing necessary documentation to the state to correct errors validated by MuniServices. The parties agree that the Client and /or the State Comptroller retain exclusive authority and responsibility to administer, interpret and enforce the Client's sales and use tax, recognizing that MuniServices' role is limited to employing its unique expertise and proprietary tools for: i) detecting and documenting errors /omissions by taxpayers in the application, calculation, collection, and /or remittance of sales and use taxes and, ii) providing Client with technical assistance, without assuming or being delegated the authority or responsibility of Client to administer, interpret, and enforce its sales and use taxes. Article 6 - Completion of Services Notwithstanding anything else in this Agreement to the contrary, the Client will pay MuniServices per the terms of this Agreement for services begun before termination or expiration of the Agreement even if the monies are received after termination or expiration. MuniServices will provide Client with a list of accounts submitted but not yet corrected as of the expiration or termination within a reasonable time after the expiration or termination ( "completion list "). MuniServices is allowed to continue working those accounts on the completion list for a reasonable time to obtain a correction. Port Arthur, TX - SUTA, STARS 032114 4 OAdureSERvicEs ATTACHMENT 1 -1 Sales /Use Tax Analysis & Reporting Service Package (STARS) Article 1- Objectives and Methods MuniServices STARS Digest provides a specific analysis of the Client's sales tax composition, changes and performance. The STARS Digest graphically illustrates the Client's sales tax analysis. The MuniServices STARS Digest also includes specialized reports that provide analysis of the Client's sales tax economic base and performance for the latest complete quarter and benchmark year as well as a sales tax revenue projection for the balance of the current fiscal year and the following fiscal year. Article 2 -Scope of Work 1. Quarterly Stars Digest. MuniServices shall provide the Client with quarterly updated STARS Digests. MuniServices will provide one paper, bound copy of the quarterly STARS Digest and one electronic copy of the quarterly STARS Digest on CD. Client may request additional paper, bound copies of the STARS Digests in accordance with the terms in Section 1.3 of the Compensation section. 1.1 Contents. The quarterly STARS Digest contains the following reports, subject to the availability of Data: • Historical Collections Analysis - Components of allocation payments by payment activity. • Top 100 Historical - Historical performance of the top 100 accounts comparing current benchmark year ranking and sales tax produced with that of prior years. • Top 100 Detail - Sales tax performance of the Client's top 100 sales tax accounts is shown in order of sales tax produced with the results for the most recent five quarters prominently displayed. The proportion of Client sales tax produced is also shown by each account. • Economic Category Performance - An analysis of the changes that occurred by economic category and segment with the specific businesses responsible for the significant changes delineated. • Business Classification Code- This report shows the business classification codes assigned by MuniServices based on the NAICS codes provided by the State Comptroller and the accounts assigned those codes in order of sales tax produced. Five quarters of sales tax data are shown for each significant account. • Historical Economic Composition - Data are summarized by economic category and segment by quarters and benchmark years. Percentage of total sales tax generated by each category and segment is also shown to indicate trends in sales tax composition as well as performance. • Cross - Reference Reports - These reports allow the user to look up any of the significant accounts shown in the STARS Digest by name or address. • Geo -Area Reports (optional) - This report tracks sales tax performance within designated geo -areas of the Client jurisdiction (e.g., key shopping centers, business parks, and downtown /business districts, etc.). Charts and printed reports are included for each geo -area. The Client may designate geo -areas and include the Geo -Area Reports in the STARS report for the fee set forth in the compensation section. This report is contingent upon the Client providing MuniServices with the geo area address ranges in electronic format that meets the following requirements: • XLS, DBF, or Comma Delimited Formats per MuniServices requirements; • and the components of the address range per MuniServices requirements. (Please contact MuniServices for the details about how to layout the file the City will need to send us describing the area they want us to track.) • To provide the optional Geo -Area reports, MuniServices will standardize the street names in the permit file by: o Parsing the addresses to the United States Postal Service (USPS) standard. o Comparing the parsed addresses to the Texas' USPS file for standardization and manually verifying it. Port Arthur, TX - SUTA, STARS 032114 5 MuniServices is not responsible for verifying the accuracy of the addresses in the permit file. All of the reports in this paragraph (1.1) provide data that are based on the date on which the transaction took place and not on the date on which the payment was transferred to the Client. 1.2 Excluded businesses. The STARS Digest does not include any information on taxpayers that is not provided by the State Comptroller to the Client. 1.3 Accuracy. The STARS Digest relies on information provided by the State of Texas Comptroller's Office ( "State Comptroller "). MuniServices has no obligation to verify the data provided by the State Comptroller. Only if Client elects to receive the Geo area reports will MuniServices clean or standardize the data received from the State Comptroller. MuniServices may also rely on information provided by third parties. Client acknowledges that MuniServices has no obligation to verify, remove redundancies, or otherwise clean or standardize the information provided by third parties. 1.4 Timing. MuniServices obligation to provide the STARS Digest is conditioned on City's delivery of required signed documentation to MuniServices to access the proper data from the State of Texas Comptroller's Office. 1.5 License of Electronic Version. MuniServices hereby grants Client a non - exclusive license to print unlimited copies of the STARS Digest from the electronic copy of the STARS digest, if: • the copies are for internal Client use only; and • the copies do not remove the confidentiality statements contained in the reports. 2. Business Classifications and Business Names Standardization (optional). If Client elects in writing to receive this service, and if the parties mutually agree in writing on the price, MuniServices will standardize the business classification codes and business names in the permit file for major accounts through the computer matching process, augmented with verification by calling taxpayers directly. After this standardization process, all the basic reports should display the standardized names and classifications. 3. Monthly Cash Report (MCR). The MCR is a monthly report that details the cash portion of sales tax data. The three reports that make up the MCR are sales tax permit summary, business classification summary, and a comparison of the current quarter year compared to same quarter last year. This report is most often paired with the Sales Tax Analysis & Reporting Service to create a comprehensive overview to keep clients up -to -date on the performance of businesses in the area. 3.1 Sales Tax Permit Summary 3.1.1 Identifies and categorizes changes by economic category, segment and major businesses 3.1.2 Explains current trends, counter -trend performance and major business changes in an easy -to- read format 3.1.3 Delivered as in printable format 3.1.4 Confidential report 3.2 Business Classification Summary 3.2.1 An up -to -24 -month analysis report showing historical performance and comparisons for major businesses 3.2.2 Distinguishes between changes in List Filers and Local Filers in every business grouping 3.2.3 Delivered as a spreadsheet grid for client's internal analysis 3.2.4 Confidential report 3.3 Cash Analysis by Business Groupings 3.3.1 An up -to -24 -month analysis report showing historical performance and comparisons for business groupings 3.3.2 Identifies expected trend and counter -trend performance in every business grouping Port Arthur, TX - SUTA, STARS 032114 6 0A4UNISERVICES 3.3.3 Distinguishes between changes in List Filers and Local Filers in every business grouping 3.3.4 Delivered as a spreadsheet grid for client's internal analysis 3.3.5 Confidential report 4. Sales Tax Forecasting. MuniServices provides a two -to -five year forecast to its clients every quarter. By updating the forecast quarterly, MuniServices delivers reliable, timely projections. Forecasts include: 4.1 Summary Page 4.1.1 Chart identifying historical sales tax and projected sales tax for pessimistic, most likely and optimistic scenarios. 4.1.2 Table identifying historical, current and future growth rates by scenario. 4.2 Detail Page for Each Fiscal Year 4.2.1 Identifies changes by economic category and segment 4.2.2 Identifies potential threats of sales tax loss 4.2.3 Identifies projected sales tax from businesses opening in the future 4.2.4 Accounts for abnormal variations in cash flow 4.2.5 Projects sales tax by scenario 4.2.6 Identifies total fiscal year sales tax depending on the final month in the Client's fiscal year (accrual scenarios) 4.3 Cash Flow 4.3.1 Identifies historical, current and future monthly cash flows by cash payment component. 4.3.2 Components include gross payment, amounts reserved at State, administration fees, net payment, etc. In preparing the forecast, MuniServices analyzes and adjusts all major business accounts in accordance with market trends, individual business knowledge, expected corrections and changes in threats from business competitors or State law changes. The bottom -up approach allows MuniServices to account for individual business changes while also accounting for changes in the local, regional, state, national and world economies. 5. Sales Tax Capture Leakage Analysis Service (optional). The STCL analysis shows how much potential sales tax revenue is being lost by residents shopping outside the Client's jurisdiction. The analysis provides: • An analysis of sales tax revenue; • Economic strengths and weaknesses in the local economic base; and • Priority rankings by targeted industry clusters. The STCL analysis can help cities focus on what businesses to attract and retain. It also includes reports on your sales tax trends, sales tax capture rates, and sales tax gap rates. 5.1 Contents. The quarterly STCL Analysis shows the capture /leakage by economic segment for the current year -ended quarter. Subject to data availability, the quarterly STCL Analysis contains the following information: 5.1.1 Actual Sales Tax - Provides sales tax by economic category, economic segment and business code. 5.1.2 Potential Sales Tax — Provides actual sales tax multiplied by its effective buying income divided by the region's effective buying income. In other words, the potential sales tax from your residents' income when following the regions buying patterns. Port Arthur, TX - SUTA, STARS 032114 7 IVILINGEFIVICES 5.1.3 Sales Tax Capture & Gap Analysis - Provides an overview of how well the you are capturing potential sales tax based on its residents' effective buying income (disposable income) compared to purchasing habits in the region. 5.1.4 Sales Tax Capture Leakage Analysis - Provides a comparison of the actual sales tax with the expected sales tax, negative variance indicating amount of leakage, and positive variance indicating amount of capture. 5.2 Accuracy and Limits. The STCL Analysis relies on information provided by the State of Texas Comptroller's Office ( "State Comptroller "). Consequently, if the State Comptroller does not provide you with information about a taxpayer, that taxpayer's information will not be included in the analysis. MuniServices may also rely on information provided by third parties. You acknowledge that we have no obligation to verify, remove redundancies, or otherwise clean or standardize the information provided by third parties or the State Comptroller. If the State Comptroller doesn't provide to you or you do not provide to us the data we need for the STCL analysis in the timeframe we specify, we have no obligation to provide you an STCL analysis for that quarter. 5.3 Timing. We will provide the STCL Analysis only after you deliver to us the signed documents required to access the proper data from the State Comptroller. 5.4 License of Electronic Version. We hereby grant you a non - exclusive license to print unlimited copies of the STCL Analysis from the electronic copy of the STCL Analysis, if: 5.4.1 the copies are for your internal use only; and 5.4.2 the copies do not remove the confidentiality statements contained in the Analysis. 5.5 Change in Legislation. If there is a change in Texas law that increases the scope of information available from State Comptroller compared to the scope of information available from State Comptroller on the date we sign this agreement, both parties will negotiate an amendment to this agreement. If data becomes unavailable, we may terminate this agreement with 10 business -days written notice to you. Article 3- Deliverables Quarterly Stars Digest. MuniServices shall provide the Client with quarterly updated STARS Digests. MuniServices will provide one paper, bound copy of the quarterly STARS Digest and one electronic copy of the quarterly STARS Digest on CD. Client may request additional paper, bound copies of the STARS Digests in accordance with the terms in Section 1.4 of the Compensation section. Support Service. Included with the STARS Digest, MuniServices will provide the Client with a maximum of 2 hours per quarter of telephonic STARS Digest support. Telephonic STARS Digest support consists of teleconferences with a MuniServices representative who will explain the STARS Digest and answer questions about the STARS Digest. Monthly Cash Report. Included with the STARS package is a Monthly Cash Report (MCR) that will be provided to the Client by email within 5 business days after the end of each month or receipt of the data from the state. The historical length of the report depends on history available from the Texas State Comptroller. Sales Tax Forecast. Included with the STARS package is a 3 -year forecast based upon previous current economic conditions and trends. Geo Area Report (optional). Included with the STARS package will be the requested number of Geo Area Reports. The City may designate the Geo areas to be included in the Geo Area Report. Quarterly STCL Analysis (optional). Each calendar quarter we will provide Client with an updated STCL Analysis in the form of one paper bound copy and one electronic copy on a CD. Port Arthur, TX - SUTA, STARS 032114 8 G#/YlU EFIYie Article 4- Compensation Provided that the Effective Date is on or before June 30, 2014, in exchange for MuniServices performing the work indicated above, the Client will pay MuniServices as follows: 1.1 Annual fee. For the STARS Digest, Client shall pay MuniServices an annual fixed fee of $8,000 per year ( "annual fee "). Client shall pay the annual fee in four equal quarterly payments of $2,000. Included in the annual fee are the Quarterly STARS Digest, the Monthly Cash Report, and the Sales Tax Forecast. MuniServices will invoice the quarterly payments on the first month of each calendar quarter. The Client shall pay the quarterly payment even if MuniServices does not provide a STARS Digest for a quarter because of State of Texas Comptroller's Office's failure to provide data. If this Agreement is terminated for any reason, then the Client remains obligated to pay MuniServices the quarterly payments of the annual fee for the quarters before the effective date of termination and for one quarter after the effective date of termination. 1.2 Optional Geo Area reports. Upon Client's request, MuniServices will provide Geo Area reports for a one -time set -up fee of $1,000 per geo area and $500 annual fee per Geo Area. At any time, the Client may request changes in the geo areas for an additional one -time fee of $500 per Geo Area. If the addresses in the permit file have not been standardized thru MuniServices SUTA service, Client shall pay an additional one -time setup fee of $750 for address standardization. Client requests # geo reports be provided along with the quarterly STARS digest. By signing in the space provided here, I hereby authorize MuniServices to create and produce the additional number of geo -area reports indicated above, and agree to compensate MuniServices as outlined above. By: Name: Title: Date: 1.3 Optional Sales Tax Capture and Leakage Report. Upon request, MuniServices will include the Sales Tax Capture and Leakage Report with the STARS quarterly digest and you shall pay us $250 per quarter for each quarter we provide you with a STCL Analysis. We will invoice the quarterly payments in the first month of each calendar quarter. By signing in the space provided here, I hereby authorize MuniServices to create and produce the Sales Tax Capture and leakage report as described herein, and agree to compensate MuniServices as outlined above. By: Name: Title: Date: Port Arthur, TX - SUTA, STARS 032114 9 1NtJl USER 1cE 1.4 Additional Copies. MuniServices shall provide Client additional paper, bound copies of the STARS Digest upon Client's request at the rate of $200 annually per additional copy, payable by Client in quarterly installments of $50 per additional copy. 1.5 Adjustments. The Annual Fee, the fee for Additional Copies, and any of the optional fees shall each be adjusted at the beginning of each calendar year by the percentage change in the Consumer Price Index - South Urban (CPI -SU) as reported by the Bureau of Labor Statistics. The initial Consumer Price Index used for the first CPI adjustment will be the CPI -SU for the month in which the agreement is fully signed with the first adjustment to occur at the beginning of the Calendar year following the first full calendar year of service. The adjustments thereafter will be based on the CPI -SU from December of the prior calendar year. Each Annual Fee adjustment shall not be less than two percent (2 %) or greater than ten percent (10 %). 1.6 One -time fees. MuniServices will invoice the Client any applicable set -up fees along with the next invoice for the quarterly installment of the annual fee. Those set -up fees are due and payable within 30 -days of the receipt of the invoice. 1.7 Additional Consulting. City may request that MuniServices provide additional consulting services at any time during the term of this Agreement. If MuniServices and City agree on the scope of the additional consulting services requested, then MuniServices shall provide the additional consulting on a Time and Materials basis. Depending on the personnel assigned to perform the work, standard hourly rates range from $75 per hour to $300 per hour. These additional consulting services will be invoiced at least monthly based on actual time and expenses incurred. Article 5 - Client Obligations Confidentiality. The information provided to the Client in the STARS Digest is confidential. It is not open to public inspection. A Client may use the information only for the purpose of economic forecasting (Tex. Tax Code §321.3022(0). Unauthorized distribution of confidential information by an officer or employee of a government agency is punishable by 6 months in jail and a $1,000 fine (Tex. Govt. Code § 552.352). Client shall not use the STARS Digest for any purpose other than economic forecasting and shall not distribute the STARS Digest to any person unless that person is legally entitled to access the information in the STARS Digest, or except as may otherwise be required by law or court order. Data: In order for us to provide the STARS reports the Client will need to deliver to MuniServices annually the signed documents required to access the proper data from the State Comptroller. Port Arthur, TX - SUTA, STARS 032114 10 OMUNISEFIVICES ATTACHMENT 2 General Provisions Article I Within 5 business days after signing You will designate, in writing, one individual to whom we may address this agreement. communications concerning this Agreement. This person or such person's designee will be the principal point of contact for us in obtaining decisions, information, approvals, and acceptances. 10 business days after you receive You have until this date to dispute in the invoice, or a portion of it, in writing. our invoice. Your written dispute must be post- marked by this date and must be sent to the addresses in paragraph 1 of the Agreement. (Paragraph 1 is located on the front page of the agreement and is titled "Us ".) 10 business days after we receive We will either correct the error or explain to you why we think the invoice is your written notice that you dispute correct. During this time, we will not try to collect the amount being disputed. an invoice or part of an invoice. 30 days after receiving our invoice. You must pay our invoice(s) by this date. If you do not pay by that time, we have the right to charge you interest at the rate of one and one -half percent (1.5 %) per month, or the maximum amount permitted by law, on any amounts you do not pay within thirty days. If we refer your account to an attorney for collection of past due amounts, we may charge you for our reasonable attorney fees, including costs for attorneys who are employed by us, and court costs incurred by us to the extent permitted by law. Any settlement of your account balance for less than what is owed requires our written consent. 40 days after receiving our invoice If you have not paid, and have not disputed an invoice as provided above, then we may terminate this Agreement with no further notice and we have no further obligation to you. When you provide us with By providing us information, you represent that: information for use in the Services. • you have the right to provide us the information without violating the rights of third - parties; • your release of the information to us does not violate any applicable laws and regulations; and • to the best of your knowledge the information is accurate and not defamatory. You will notify us immediately if there is a change in the information you have provided to us. If we send you a report or other You will review all reports we provide to you in a timely fashion and you will deliverable. notify us immediately if you find a discrepancy in any of the information we have provided to you. Upon payment therefore, we will grant you all right, title, and interest in and to the reports, charts, graphs, and other deliverables we are required to produce under this Agreement. While the Agreement is effective. We will keep in full force and effect insurance coverage during the term of this Agreement including without limitation statutory workers' compensation insurance; employer's liability and commercial general liability insurance; comprehensive automobile liability insurance; professional liability and fidelity insurance. You may at any time request copies of our certificates. 90 -days after prior written notice. This Agreement terminates for convenience but only if the terminating party sends the notice to the person designated to receive notices under this Agreement (see paragraph 1 or 2, as applicable, of this Agreement). Port Arthur, TX - SUTA, STARS 032114 11 �41�IUM�tt�'►3E�ilt'1CS�5 After giving written notice of a breach The non - breaching party may immediately terminate this Agreement if: other than a failure to pay. • the written notice of the breach was sent to the person designated to receive notices for the breaching party under this Agreement (see paragraph 1 or 2, as applicable, of this Agreement); and the breach is not your failure to pay (that situation is addressed separately below.); and • the breach has not been cured in a reasonable time after the breaching party received notice. Ordinarily, 30 days will be a reasonable time to cure the breach but if the party receiving notice of the breach can demonstrate that the breach will take more than 30 days to cure, the non - breaching party and breaching party will agree on an extended period to cure the breach. • After the occurrence of a "financial A party may terminate this Agreement immediately if the other party experiences default" a "financial default." A "financial default" means: • a material adverse change in a party's financial condition that adversely affects its ability to perform hereunder; or • a party becomes or is declared insolvent or bankrupt; or • a party is the subject of any proceedings relating to liquidation or insolvency or for the appointment of a receiver; or • a party makes an assignment for the benefit of all or substantially all of its creditors; or • a party enters into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations. If you experience a "financial default" then we may, at our option, declare the entire outstanding amounts and costs owing to us hereunder immediately due and payable. This Agreement is terminated or You remain obligated to: (1) pay us for Services performed through the effective expires. date of the termination or expiration; (2) if applicable, provide us with all the information necessary for us to calculate what you owe us on revenue you receive after the termination or expiration; and (3) if applicable pay invoices we send you after the expiration or termination of this Agreement for Services performed before termination or expiration or for continuing payments required by the Scope of Work or for both. Port Arthur, TX - SUTA, STARS 032114 12 OititneSEnviCES Article II. The parties also agree to the following miscellaneous terms. 1. Independent Contractor. We are an independent 8. Public Release and Statements. Neither you nor we nor contractor. Nothing in this Agreement is to be each of our representatives or agents shall interpreted as: creating the relationship of employer disseminate any oral or written advertisement, and employee between you and us or between you endorsement or other marketing material relating to and any of our employees or agents; or creating a each other's activities under this Agreement without partnership or joint venture between you and us. We the prior written approval of the other Party. No are responsible for any subcontractors we use in Party or its agent will use the name, mark or logo of performing Services for you and we are solely the other Party in any advertisement or printed responsible to pay those subcontractors. We may solicitation without first having prior written approval perform similar services for others during this of the other Party. The Parties shall take reasonable Agreement and you agree that our representation of efforts to ensure that its Subcontractors shall not other government sector clients is not a conflict of disseminate any oral or written advertisement, interest. endorsement or other marketing materials referencing or relating to the other Party without that 2. Compliance with Laws. The parties agree to comply Party's prior written approval. In addition, the Parties with all applicable Local, state and federal laws and agree that their contracts with all Subcontractors will regulations during the term of this Agreement. include appropriate provisions to ensure compliance with the restrictions of this Section. 3. Intellectual Property. We retain all right, title, and interest in and to the processes, procedures, models, 9. Entire Agreement. This Agreement is the entire inventions, software, ideas, know -how, and any and all Agreement between us and you for the Service(s). other patentable or copyrightable material used, This Agreement supersedes and replaces any prior developed, or reduced to practice in the performance Agreements, of whatever kind or nature, for the of this Agreement. Service(s) Any prior Agreements, discussions, or representations not expressly set forth in this 4. Waiver. Either party's failure to insist upon strict Agreement are of no force or effect. No additional performance of any provision of this Agreement are terms, Purchase Order Terms and Conditions, or oral not to be construed as a waiver of that or any other of or written representations of any kind are of any force a party's rights under this Agreement at any later date and effect unless in writing and signed with the same or time. formality as this Agreement 5. Force Majeure. Neither party is liable for failing to 10. No Oral Modification. No modification of this perform its obligations hereunder (other than Agreement is effective unless set forth in writing and payment obligations) where performance is delayed or signed with the same formality as this Agreement. hindered by war, riots, embargoes, strikes or acts of its vendors or suppliers, accidents, acts of God, or any 11. Invalidity. If any provision of this Agreement is other event beyond its reasonable control. determined to be invalid, illegal, or unenforceable, the remaining provisions of this Agreement remain in full 6. Counterparts. This Agreement may be signed in force, if the essential provisions of this Agreement for separate counterparts including facsimile copies. Each each party remain valid, binding, and enforceable. counterpart (including facsimile copies) is deemed an original and all counterparts are deemed on and the 12. Construction. This Agreement is to be construed in same instrument and legally binding on the parties. accordance with the laws of the State of Texas without regard to its conflict of laws principals. 7. Assignment. MuniServices may assign this Agreement, in whole or in part, without your consent to any 13. Headings. The section headings herein are for corporation or entity into which or with which convenience and reference purposes only and are not MuniServices has merged or consolidated; any parent, to serve as a basis for construction or interpretation. subsidiary, successor or affiliated corporation of MuniServices; or any corporation or entity which acquires all or substantially all of the assets of MuniServices. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties and their successors or assigns. Port Arthur, TX - SUTA, STARS 032114 13 ITS ICES Attachment 3 MuniServices Helpful Contacts Contact Project Role Phone Email Ted Kamel Client Services Manager 903.952.9794 ted.kamelftmuniservices.com Lisa Broussard, CPA VP Central Operations 713.459.5079 Lisa.broussardPmuniservices.com Chris Yeary, CPA VP, Sales & Use Tax Audit 972.447.4953 chris.yearyftmuniservices.com Irene Reynolds Client Relations Supervisor 559.271.6867 irene.reynolds @muniservices.com Billing Department 757.321.2517 acctpav@ nortfoliorecovery.com Francesco Mancia VP Government Relations 559.288.7296 fran.mancia@muniservices.com Brenda Narayan Director of Govt. Relations 916.261.5147 brenda.narayan@muniservices.com Patricia Dunn Contracts Manager 559. 271. 6852 ,patricia.dunnPmuniservices.com Port Arthur, TX - SUTA, STARS 032114 14