LAO+Energy+-+Amendment+1+-+Renewal+-+Signed.pdf

This document is a Contract Amendment (Amendment Number 1) for Contract #003 - Land Title Services between the State of North Dakota, acting through its State Procurement Office (STATE), and LAO Energy, LLC (CONTRACTOR). The amendment was executed on 1/31/2023, with both parties signing to formalize the contract modifications.

The original contract commenced on February 1, 2021, for an initial twenty-four (24) month period with an option to renew. This amendment extends the contract for an additional twenty-four (24) months, changing the expiration date to January 31, 2025. The contract has two (2) renewal periods of twenty-four (24) months remaining, with the potential for an additional twelve (12) months of extension. All other terms and conditions of the original contract remain in effect, with this amendment specifically addressing the contract's duration and renewal terms.