Amendment+#2_signed.pdf
PDF 263 KB Posted
- Attached to
- Credit Card - Purchasing & Travel Card Services
- Contract number
- 900-JPMO
- Issued by
- North Dakota
About this file
This document is a Contract Amendment (Amendment Number 2) for the Purchasing One Card Master Contract #900 between the State of North Dakota, acting through its Office of Management and Budget, Fiscal Management, and JPMorgan Chase Bank, N.A. The amendment is being executed to address changes in insurance requirements and contract term extensions.
The amendment modifies the contract's insurance provisions in accordance with 2021 House Bill 1057, increasing commercial general liability coverage to $2,000,000 per occurrence and employer's liability insurance to $1,000,000. The contract, which originally commenced on February 1, 2019, is being extended for an additional 24 months, with the new expiration date set to January 31, 2027. The contract retains two remaining renewal options and the potential for an additional 12-month extension. The amendment was signed by representatives from both JPMorgan Chase Bank and the State of North Dakota on January 29, 2025.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| 900_State+Contract+Summary.docx | DOCX document | |
| Amendment+1+Renewal_Signed.pdf | ||
| Contract+-+SIGNED+10-2018.pdf | ||
| PARTICIPATING+ADDENDUM+-+Final.docx | DOCX document |
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Text version
CONTRACT AMENDMENT
CONTRACT NAME AND NUMBER: Purchasing One Card Master Contract #900
AMENDMENT NUMBER: 2
This amendment is made to Purchasing One Card Master Contract, #900 (Contract) between the State of North Dakota, acting through its Office of Management and Budget, Fiscal Management (STATE), and JPMorgan Chase Bank, N.A. (CONTRACTOR).
The parties agree to the following terms and conditions and expressly agree that if any of the following terms and conditions conflict with any of the terms and conditions of the Contract, then, notwithstanding any term in the Contract, the following terms and conditions govern and control the rights and obligations of the parties.
The parties agree to amend the Contract as follows:
Insurance Pursuant to 2021 House Bill 1057, the statutory caps on State liability (N.D.C.C. § 32-12.2-02) increase each year starting July 1, 2022 through July 1, 2026. Therefore, the insurance requires for this contract are being amended.
Contract Section 17, Insurance. Insurance requirements are hereby amended as follows, listed by subsection:
1) Subsection a: Commercial general liability, including premises or operations, contractual, and products or completed operations coverages (if applicable), with minimum liability limits of $2,000,000 per occurrence.
2) Subsection c: Employer’s liability or “stop gap” insurance of not less than $1,000,000 as an endorsement on the workers compensation insurance.
Renewal and Extensions Contract Section 9, Term of Contract. The Contract commenced on February 1, 2019 for a period of 4 years with four options to renew the Contract for up to 24 months each.
The Contract was previously renewed for 24 months.
The parties have agreed to renew or extend the Contract for an additional 24 months; therefore, the Contract is amended to change the expiration date to January 31, 2027. The Contract has 2 renewals remaining. The Contract can be extended for an additional 12 months.
All other terms of the Contract remain in effect. This Contract Amendment is not effective until fully executed by all parties.
EXECUTION
CONTRACTOR STATE OF NORTH DAKOTA
JPMorgan Chase Bank, N.A. Acting through its Office of Management and Budget, Fiscal Management
BY: BY:
Printed Name: Printed Name: Joseph Goplin
Title: Title: Financial Services Director
Date: Date:
John K. Carr
Vice President
1/29/2025 01/29/2025
EXECUTION
File details come from the government source that posted it. Updated .