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HomeMy WebLinkAboutSafran Helicopter Engines USA Inc. Amendment #17.119.SBH.A04 To Support By The Hour Agreement-2-21-24.pdf DocuSign Envelope ID: 146F3566-D16C-435B-BA52-C39E77FBAF80 Ll-Confidential SAFRAN HELICOPTER ENGINES AMENDMENT NO.17.119.SBH.A04 TO SUPPORT BY THE HOUR AGREEMENT NO.17.119.SBH 206307PPLA04 This amendment to the Support By the Hour Agreement dated as of the Nov. 30"2007, is by and between Safran Helicopter Engines USA,Inc.,a Delaware Corporation("SafranHE USA"')and City of Fresno a California municipal corporation ("Customer"). SafranHE USA and Customer are parties to a Support By the Hour(SBH) Maintenance Contract,Agreement NO.C260307PPL. Safran HE USA and the City or Fresno Police Department agree to amend the Agreement by adding the following language: Appendix E---Hourly Rate Applicable to this Agreement Appendix E shall be amended as follows. The hourly rate applicable in year 2024 at 2024 economic conditions, is set at $273.47 USD (two hundred seventy-three dollars and forty-seven cents),VAT not included,per Operating Hour. The Cycle rate applicable in year 2024 at 2024 economic conditions,is set at$12.67 USD (twelve dollars and sixty-seven cents),VAT not included,per Operating Cycle. Pursuant to article 11 of the Agreement,the above rate(s)shall be escalated as follow: -Capped Escalation formula: Pn — Pn-1 X (1 + Rn%) Pn=Applicable price for year n Kn=Formula result,which represents the yearly prices escalation, before application of minimum/maximum level (as described hereunder),from year N-1 to year N,based on cost environment and expressed In percentage. Rn=yearly prices escalation based on Formula,after application of minimum/maximum level,applicable from year N-1 to year N and expressed in percentage. rev n-2 NAICS rO na Airwr AWC K n•! AiM liirane n•! Iu'rrr),0 M2 n•2 Kn• f 0,3 sw'Wr n-3 •0.3 NAILS n•3 •0,15 hil'rer'N I 0'� AA-rieerM •0,05 MFI lVENel n•3 •0'1 Id'" n 3 '0,05 FsdG2 n-3 1 SBH Agreement#17.119.SBH City or Fresno Police Department SBH Amendment#17.119.SBH.A03 SafranHE,USA —/ Contract NO.206307PPLA04 Page 1 of 3 DocuSign Envelope ID: 146F3566-D16C-435B-BA52-C39E77FBAF80 (_z-Confidential The formulas include indexes which can be found on internet thanks to the links provided in the following table: Identification =1 Sw"rev" 1565183 https://www.insee.fr/fr/statistiques/serie/001565183 Ail"rev2" 10536479 https:/Iw ww.i n see.fr/fr/statist ig ues/se rie/0 1053 6479 AIuB"rev3" 10534657 https://www.insmfr/fr/statistiques/serie/010534657 NM Indice DGA https://annement.defense.gouv.fr/achats-darmement/reviser- (Titane) les-prix-indices-icare Ni"rev2" 10534660 https://www.iiisce.fr/fr/statisiiques/serie/010534660 PsdG2 Indice DGA https://armement.defense.gouv.fr/achats-darmement/reviser- les-prix-indices-icare NAICS CEU3133640008 https://data.bls.gov/cgi-bin/srga Application of minimum/maximum as follows. Kn 'K<3 3—(3 -Kn)/2 3<K<5 KN K>5 5+(Kn-5)/2 Application of minimum/maximum levels as follows:Parties agree that escalation shall be in the window between a minimum of three percent(3%)and a maximum of five percent(5%). Should the formula result(Kn)be below or above these caps,the differential will be shared equally(50%/50%)between the Parties. Should the result of the escalation formula be lower than zero,then zero(0)shall apply 10 calculate the share.Le:no escalation below one point five percent(1.5%)is applicable. All capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Agreement. All other terms and conditions contained in the original Agreement shall apply. SBH Agreement#17.119.SBH City or Fresno Police Departmen SBH Amendment#17.119.SBH.A03 SafranHE, F]0 77 Contract NO. 206307PPLA04 Page 2 of 3 DocuSign Envelope ID: 146F3566-D16C-435B-BA52-C39E77FBAF80 c.z-Confidential SSAFRAN HELICOPTER ENGINES AGREED TO: City or Fre o ' e 9ftartment Safran Helicopter Engines USA Inc. nxuSi9ned by. BY: PRIMNAME: LDERRA4A o,sWa6 w3Derrien TITLI:CE President and CEO 2 _ � - Y 16-7an-2024 DATE: DATE: Attest: Todd Stermer,CMC Safran Helicopter Engines USA Inc City Cier uoeuSigned by. BY: �i1, BY: ( b bxskS —1,u c.rGbf PRINTED NA M Fi� �. 1Io v/ e roy asset-Chercot TITLE:Po e' av-dS sk, ►Sot' Chief Financial Officer(CFO) DATE: DATE: 16-jan-2024 SBH Agreement#17.119.SBH City or Fresno Police Dcpai7illcilt _ SBH Amendment#I7.119.SBH.A03 SafranHE,USA a Contract NO. 206307PPLA04 Page 3 of 3