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FIRST EXTENSION AND AMENDMENT TO AGREEMENT <br />FOR ANNUAL FIBER OPTIC ENGINEERING, DESIGN, <br />MATERIAL, SUPPLIES AND INSTALLATION SERVICES <br />This First Extension and Amendment to that certain Agreement to provide Annual Fiber Optic <br />Engineering, Design, Material, Supplies and Installation Services is entered into effective as of <br />September 12, 2024, by and between Indian River County, a political subdivision of the State of <br />Florida ("County") and Bore Tech Utilities & Maintenance, Inc. ("Contractor"). <br />BACKGROUND RECITALS <br />WHEREAS, the County and the Contractor entered into an Agreement for Annual Fiber Optic <br />Engineering, Design, Material, Supplies and Installation Services effective September 12, 2023; and <br />WHEREAS, Paragraph 3 of the Agreement contains the tern and renewal provisions; and <br />WHEREAS, the first term commenced effective as of September 12, 2023 and will end on September <br />11, 2024; and <br />WHEREAS, pursuant to the Agreement, the parties desire to extend the Agreement for an additional <br />one year; and <br />WHEREAS, Paragraph 4 of the Agreement contains contract price provisions; and <br />WHEREAS, pursuant to the Agreement, the parties desire to amend Exhibit 2 to the Agreement - <br />Pricing <br />NOW, THEREFORE, in consideration of the foregoing, and other good and valuable consideration, <br />the receipt and sufficiency of which are hereby acknowledged, the County and the Contractor agree as <br />follows: <br />1. The background recitals are true and correct and form a material part of this First Extension and <br />Amendment. <br />2. The first renewal term shall commence effective September 12, 2024, and shall end on September 11, <br />2025. There are three additional one-year renewals available on the contract. <br />3. Exhibit 2 to the Agreement is updated to reflect new pricing. <br />4. All other terms and provisions of the Agreement shall be unchanged and remain in full force and effect. <br />