2023-173A - Laserfiche WebLink

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Agreement THIS AGREEMENT, entered into this 29`h day of August, 2023, by and between INDIAN RIVER COUNTY, a political subdivision of the State of Florida, hereinafter referred to as the "COUNTY", and Gabriel, Roeder, Smith & Company hereinafter referred to as the "ACTUARY". BACKGROUND RECITALS: The COUNTY selected ACTUARY to provide Other Post Employment Benefit Actuarial services ("Services"), based on a proposal submitted in response to Request for Proposals 2023053. That the COUNTY and the ACTUARY, in consideration of their mutual covenants, herein agree with respect to the performance of professional consulting services by the ACTUARY, and the payment for those services by the COUNTY, as set forth in this Agreement. The ACTUARY shall provide the COUNTY with consulting services and such other related services as defined in the scope of work, provided as Exhibit 1. NOW THEREFORE, in accordance with the mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. COUNTY OBLIGATIONS The COUNTY will provide the ACTUARY with a copy of any preliminary data or reports available as required in connection with the work to be performed under this Agreement, together with all available documents in the possession of the COUNTY pertinent to the Services. The ACTUARY shall satisfy itself as to accuracy of any data provided. The ACTUARY is responsible for bringing to the COUNTY's attention, for the County's resolution, material inconsistencies or errors in such data that come to the ACTUARY'S attention. The COUNTY will cooperate fully with the ACTUARY in order that all phases of the work may be properly scheduled and coordinated. 2. RESPONSIBILITIES OF THE ACTUARY The ACTUARY agrees to perform all necessary Services in connection with the work set forth in Exhibit 1. The ACTUARY agrees to complete the work within the time frame specified. The ACTUARY will maintain an adequate staff of qualified personnel. The ACTUARY will comply with all present and future federal, state, and local laws, rules, regulations, policies, codes, and guidelines applicable to the Services performed under this Agreement. The ACTUARY shall maintain all pertinent financial and accounting records and evidence pertaining to this contract in accordance with generally accepted accounting principles (GAAP).