CN-370000-PL156-A1.pdf

This document is a contract amendment (Amendment No. 1) between the Florida Department of Environmental Protection (FDEP) and Stewart & Company, Inc., specifically related to a statewide appraisal services contract (DEP Contract No. PL156). The amendment was executed on March 3, 2008, in response to Senate Bill 44-A, which required state agencies to review and renegotiate existing contracts with private and public-private providers to reduce contract payments.

The amendment revises the fee schedule for statewide appraisal services, establishing hourly rates for the contractor from 2008 to 2013. The rates progressively increase from $125/hour in 2008-2009 to $140/hour in 2012-2013. The contract is structured as a cost-reimbursement agreement for professional appraisal services, with the procurement method noted as a Single/Sole Source (SOQ) procurement, specifically exempted under legal services. The amendment maintains all other original contract terms and conditions, with the primary change being the updated fee schedule to reflect reduced rates as mandated by the state legislation.