GovInvest, Labor, Pension and 115 Trust

The City of Tucson has entered into a service agreement with GovInvest Inc. for labor, pension, and 115 trust services. The agreement is for a term of 4 years, with the option to renew for two additional one-year periods. The contract includes provisions for compensation, payment terms, and termination. The City reserves the right to terminate the contract at any time with or without cause, upon giving 30 days written notice. The contract also includes provisions for indemnification, warranties, and dispute resolution. Some key points of the contract include: • The City will pay GovInvest Inc. for services rendered, with payment terms to be determined by the City. • The contract includes a provision for termination due to non-appropriation of funds. • The City reserves the right to inspect the work and materials provided by GovInvest Inc. • The contract includes a provision for warranties and guarantees. • The City and GovInvest Inc. agree to indemnify each other against any claims or damages arising from the contract. This contract is for the provision of labor, pension, and 115 trust services to the City of Tucson. The contract includes provisions for compensation, payment terms, and termination, as well as indemnification, warranties, and dispute resolution. The City reserves the right to terminate the contract at any time with or without cause, upon giving 30 days written notice.