signed+amendment+#2.pdf

This document is a Contract Amendment (#2) for State Term Contract #156 between the State of North Dakota, acting through its Office of Management and Budget, State Procurement Office, and Holley Graphics, located in Watertown, SD. The amendment involves printing Department of Transportation (DOT) Certificates of Title.

The amendment authorizes the purchase of 150,000 pieces of title stock, with a price increase from .05591 to .06495 per unit due to market volatility. The contract includes provisions for potential future price adjustments based on market conditions, with the understanding that the vendor (Holley Graphics) will notify the State of any price changes during the renewal period. The State retains the option to order larger quantities and may revert to an annual renewal process if pricing stabilizes. All other original contract terms remain in effect, and the amendment becomes effective upon full execution by both parties.