Contract 2020-016A ADocuSign Envelope ID: BB1EC96D-13E7-4601-8511-62E501A98569
FIRST AMENDMENT TO AGREEMENT FOR
NEPTUNE WATER METERS AND EOUIPMENT
THIS AMENDMENT is entered into as of this 181h day of April 2024 and is to that certain
Agreement No. 2020-16 dated May 26, 2020, hereinafter "the Agreement", by and between the
CITY OF CLERMONT, FLORIDA, a municipal corporation under the laws of the State of Florida
whose address is: 685 W. Montrose Street, Clermont, Florida, hereinafter referred to as "CITY"
and FERGUSON ENTERPRISES, LLC, whose address is: 14001 W. Newberry Rd., Newberry,
FL 32669 hereinafter referred to as "CONTRACTOR". The parties, in exchange for the mutual
covenants contained herein and in the Agreement, agree as follows:
1. This Amendment expressly modifies the Agreement and in the event of a conflict,
the terms and conditions of this Amendment shall prevail.
2. The Unit Price Schedule referred to and incorporated into the Agreement is hereby
amended to modify the increased cost of unit items as more particularly described in Attachment
"A" attached hereto and incorporated herein.
3. All other terms and conditions set forth in the Agreement shall remain in full force
and effect and unchanged as agreed to by the parties.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the
dates set forth below.
CITY OF CLERMONT
Docu Signed by:
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Freddy L. Suarez, Procurement Services Director
ATTEST: /I'- DS
DcuSigned by:
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Tracy Ackroyd Howe, City Clerk
DocuSign Envelope ID: BB1EC96D-13E7-4601-8511-62E501A98569
FERGUSON ENTERPRISES, LLC
DocuSigned by:
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By: 6FCDF6B9ACF5416...
Print Name: Jeff Kimbrough
Title: Sales Manager - Central Florida
Date: 4/18/2024
DocuSign Envelope ID: BB1 EC96D-1 3E7-4601-8511-62E501A98569
EXHIBIT A
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PRICE SHEET TERM: 5/26/24 - 5/25/25
Neptune
Unit Prices
Item Number
Description
1
3/4" Short Lay Mach 10 SA Gallon Meter
$221.45
12
1" Mach 10 SA Gallon Meter
$265.30
13
1-1/2" Mach 10 SA Gallon Meter
$632.65
14
2" Mach 10 SA Gallon Meter
$753.00
15
3" Mach 10 SA Gallon Meter — 12" ILL
$2,551.00
16
3" Mach 10 SA Gallon Meter — 17" ILL
$2,617.35
17
4" Mach 10 SA Gallon Meter —14" ILL
$3,290.80
18
4" Mach 10 SA Gallon Meter— 20" ILL
$3,380.60
19
6" Mach 10 SA Gallon Meter— 18" ILL
$5,574.50
110
6" Mach 10 SA Gallon Meter —24" ILL
$5,710.20
11
8" Mach 10 SA Gallon Meter
$9,372.45
112
10" Mach 10 SA Gallon Meter
$11,781.60
1
113
2" Bronze Strainer
$585.70
114
3" Bronze Strainer
$1,051.00
115
4" Bronze Strainer
$1,812.25
116
6" Bronze Strainer
$2,745.90
117
8" Bronze Strainer
$4,667.40
118
10" Bronze Strainer
$7,262.25
1
119
4" UL-FM Stainless Steel Flanged Basket Strainer for Fire Service
$3,590.80
120
6" UL-FM Stainless Steel Flanged Basket Strainer for Fire Service
$5,993.90
121
8" UL-FM Stainless Steel Flanged Basket Strainer for Fire Service
$10,098.00
122
10" UL-FM Stainless Steel Flanged Basket Strainer for Fire Service
$13,005.10
1
123
2" Strainer Installation Acc. Kit
$19.25
124
3" Strainer Installation Acc. Kit
$45.15
125
4" Strainer Installation Acc. Kit
$88.40
126
6" Strainer Installation Acc. Kit
$141.50
127
8" Strainer Installation Acc. Kit
$153.85
128
10" Strainer Installation Acc. Kit
$176.50
1
129
5/8"x3/4" T10 PB Bare Water Meter
$62.60
130
1" T10 PB Bare Water Meter
$200.00
131
1-1/2" T10 PB Bare Water Meter
$486.70
132
2" T10 PB Bare Water Meter
$667.40
1
133
5/8"x3/4" T10 PB Meter W/ProCoder Pit Gallon Register
$150.70
134
1" T10 PB Meter W/ProCoder Pit Gallon Register
$249.90
135
1-1/2" T10 PB Meter W/ProCoder Pit Gallon Register
$576.90
136
2" T10 PB Meter W/ProCoder Pit Gallon Register
$699.70
1
137
Ecoder or ProCoder Pit Gallon Register Only
$93.80
1
138
R900 Cellular Wall MIU, 6' Cable
$165.30
139
R900 Cellular Pit MIU W/Internal Antenna Kit (F/Plastic Lids)
$173.50
140
R900 Cellular Pit MIU W/External Antenna Kit (F/Metal Lids)
$186.80
141
R900 Cellular Pit MIU External Antenna Kit Only
$52.00
1
142
Adder for Nicor Connector Option
$29.00
1
143
Belt Clip Transceiver
$6,122.50
DocuSign Envelope ID: BB1 EC96D-1 3E7-4601-8511-62E501A98569
144 MRX920 Mobile Data Collector $10,204.00
Neptune 360 SaaS Platform (AMI) Annual Subscription - Per Meter/Per Year
145 Connected Endpoints 20,001 — 50,000, Per Meter -Per Year $1.90
1
1 Neptune 360 SaaS Platform+FirstNet Cellular Data Plan Annual Subscription - Per Meter/Per Year
146 Connected Endpoints 20,001 — 50,000, Per Meter -Per Year $7.00
Reclaimed Option on any meter or register — no charge
Shipping Terms: Freight Allowed
Payment Terms: Net 30 Days - Check or ACH Only
Pricing Term: Mav 26. 2024 - Mav 25, 2025
Ferguson Waterworks
Meter & Automation Group
801 Thorpe Road
Orlando, Fl. 32824
Contact: Ben Jacobs - AMR/AMI Specialist
Cell Phone: 561-386-8541
Email: benjamin.jacobs@ferguson.com
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DocuSign Envelope ID: BB1 EC96D-1 3E7-4601-8511-62E501A98569
NePTUNe
TECHNOLOGY GROUP
April3, 2024
Dear Valued Neptune Customer:
After much consideration, we at Neptune Technology Group have judged it necessary to
increase our prices to keep pace with our rising costs in raw materials, shipping, and
operating costs. Included with this letter is a Frequently Asked Questions (FAQs)
document that will explain how our business has been affected, just as all others in our
industry, with inflationary pressures. If you have any questions not addressed in the FAQs,
please feel free to contact your Neptune sales representative.
This was a difficult, but necessary decision to make; and we understand how it impacts our
customers. Therefore, we would like to express our appreciation for your ongoing support,
and we are confident these changes will help us to continue providing you with the quality
products and services that help you, our valued customers.
Regards,
Matt Finch
Matt Finch
Territory Manager
Neptune Technology Group, Inc.
DocuSign Envelope ID: BB1 EC96D-1 3E7-4601-8511-62E501A98569
NePTUNe
TECHNOLOGY GROUP
April3, 2024
Neptune Price Increase Frequently Asked Questions (FAQs)
Your price increase letter references "rising costs in raw materials, shipping, and
operating costs" can you explain to what extentyou are affected?
As reported by the Bureau of Labor Statistics, the average annual inflation rate for the
United States has risen to 4.7%. This number is an aggregate of all economic activity in the
United States. In Neptune's sector, we are primarily driven by the following economic
areas: raw materials (copper), wages, and freight. Let's drill down into each of these areas
(as found at US Bureau of Labor Statistics and Cass Information Systems):
CPI Index (average annual inflation rate for the United States)
o Inflation July 22 - Feb 2024 is 4.7%
o Annual Inflation (Feb 2023-Feb 2024) is 3.2%
Raw materials - PPI Index for Metal Products Copper Base Castings - USBLS
o Inflation July 22 - Feb 2024 is 3.4%
o Annual Inflation (Feb 2023-Feb 2024) is -0.5%
Raw materials - PPI for Electronic Component Manufacturing - USBLS
o Inflation July 22 - Feb 2024 is 7.2%
o Annual Inflation (Feb 2023-Feb 2024) is 6.6%
• Wages - Employment Cost Index - Wages and salaries for private industry workers in all
industries and occupations - USBLS
o Inflation July 22 - Dec 23 is 5.3%
o Annual Inflation (Dec 22-Dec 23) is 4.3%
• Freight - Cass Freight Index - Cass Information Systems
o Inflation July 22 - Feb 2024 is -21 %
o Annual Inflation (Feb 2023-Feb 2024) is -16%
As you can see, our business environment has been significantly affected by inflationary
pressure.