01120 Amd 1 Debt Collection-FAMS.pdf

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Attached to
STATEWIDE CONTRACT WA|01120|W486
Contract number
01120
Issued by
Washington

About this file

This document is a Contract Amendment (Amendment No. 1) for Contract No. 01120 between the State of Washington, specifically the Department of Enterprise Services, and Financial Asset Management Systems, Inc., a Georgia Corporation. The amendment pertains to a Debt Collection Services contract originally dated December 1, 2020.

The amendment extends the contract term by forty-eight (48) months, with the new end date set as November 30, 2026. The document indicates that all other terms of the original contract remain unchanged and in full force and effect. The amendment was executed by Tim Farmer, CFO of Financial Asset Management Systems, Inc. on August 26, 2022, and by Tim Foitzik, Procurement Supervisor for the Washington Department of Enterprise Services, on September 7, 2022, with an effective date of December 1, 2022.

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4. AUTHORITY. Each party to this Amendment, and each individual signing on behalf of each party, hereby represents and warrants to the other that it has full power and authority to enter into this

Amendment and that its execution, delivery, and performance of this Amendment has been fully authorized and approved, and that no further approvals or consents are required to bind such party.

5. ELECTRONIC SIGNATURES. An electronic signature or electronic record of this Amendment or any other ancillary agreement shall be deemed to have the same legal effect as delivery of an original executed copy of this Amendment or such other ancillary agreement for all purposes.

6. COUNTERPARTS. This Amendment may be executed in one or more counterparts, each of which shall be deemed an original, and all of which counterparts together shall constitute the same instrument which may be sufficiently evidenced. by one counterpart. Execution of this

Amendment at different times and places by the parties shall not affect the validity thereof so long as all the parties hereto execute a counterpart of this Amendment.

EXECUTED AND EFFECTIVE as of the day and date first above written.

FINANCIAL ASSET MANAGEMENT SYSTEMS, INC.

A GEORGIA CORPORATION

By: /Li--- Name: Tim Farmer

Title: CFO

Date: 8/26/2022

CONTRACT No. 01120 - AMENDMENT No. 1

(5-18-22)

STATE OF WASHINGTON

DEPARTMENT OF ENTERPRISE SERVICES

By:

Name: Tim Foitzik

Title: Procurement Supervisor

Date:

9/7/2022

File details come from the government source that posted it. Updated .