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Renewal Letter Year 3 — Indian River County — Intelligent Services SA <br />Proposal ID: 2879919 & 2601684 <br />November 7, 2023 <br />Customer: <br />Indian River County <br />1807 2711 Street <br />Vero Beach, FL 32960 <br />ATTENTION: Chuck Belcher & Michelle Dean <br />Site Address: <br />Courthouse <br />Administration <br />Rec Center <br />Trane U.S. Inc. <br />6965 Vista Pkwy N Suite 11 <br />West Palm Beach, FL 33411 <br />Phone: (561) 946-9259, Fax: <br />Service Contact: (561) 683-1521 <br />SUBJECT: Continuation of Service Agreement # 2879919 & 2601684 Intelligent Services SA — Year 3 <br />Your Trane Service Agreement is scheduled for renewal on 10/1/2023. To assure that there will be no <br />interruption of service and benefits to Indian River County your Service Agreement will be extended through <br />9/30/2026. The adjusted Service Fees for the renewal term for all sites is set forth in the following table: <br />Contract Year Annual Amount USD <br />Payment USD <br />Payment Term <br />Year 3 $ 19,424 <br />$ 4,856 <br />Quarterly <br />Year 4 $ 20,008 <br />$ 5,002 <br />Quarterly <br />Year 5 $ 20,608 <br />$ 5,152 <br />Quarterly <br />This contract is in accordance with US Communities Contract # USC 3341 <br />If there is any reason why this Service Agreement should not be extended through this period, please notify Trane in writing <br />30 days prior to the renewal date indicated above. If so notified, Trane can continue at your discretion to provide services <br />beyond the renewal date at our standard time and material rates. <br />0 Service Fee Discount. A one-time 3.00 % discount is offered for full payment of 1 year(s) in advance of the <br />commencement of the Service Agreement. Invoice would be issued at start of the Agreement and is due net 15 days from <br />date of invoice. Tax will be calculated based upon the pre -discounted price. This Service Fee discount is for advance <br />payment only under the terms stated in this section and is not applicable to credit card transactions. Please check the box to <br />select this discount option. <br />SCOPE OF SERVICE <br />The Scope of Service for the new agreement period will remain the same as delivered in the current period. <br />TERMS & CONDITIONS <br />Terms & Conditions for the renewal period are attached. <br />CLARIFICATIONS <br />If Indian River County accounting procedures require a purchase order for the renewal term, please provide your <br />purchase order number to Trane no less than 30 days prior to the renewal date. <br />We value your business and look forward to continuing to serve and contribute to your organization's success. <br />Sincerely, <br />Evan Nietzel <br />Account Manager <br />Trane <br />©2023 Trane All rights reserved Page 1 of 5 Renewal Agr ent <br />