HomeMy WebLinkAboutC-8558-3 - Assignment Agreement (for On-Call M/RSA for Pipe Lining Services)ASSIGNMENT AGREEMENT
BETWEEN THE CITY OF NEWPORT BEACH,
SANCON TECHNOLGIES, INC., AND VORTEX SERVICES, LLC
THIS ASSIGNMENT AGREEMENT ("Assignment") is made and entered into as of
this 8th day of April, 2025 ("Effective Date"), by and between the CITY OF NEWPORT
BEACH, a California municipal corporation and charter city ("City"), SANCON
TECHNOLGIES, INC., a California corporation ("Assignor"), whose address is 5841
Engineer Drive, Huntington Beach, California 92649, and VORTEX SERVICES, LLC, a
Delaware limited liability company ("Assignee"), whose address on file with the California
Secretary of State is 18150 Imperial Valley Drive, Houston, Texas 77060, and is made
with reference to the following:
RECITALS
A. On June 13, 2023, City and Assignor entered into an On -Call Maintenance/Repair
Services Agreement (Contract No. C-8558-2) ("Agreement"), to engage Assignor
to perform on -call maintenance and/or repair services for City pipe lining services
("Project").
B. The parties desire to enter into this Assignment to assign the rights under the
Agreement from Assignor to Assignee.
NOW, THEREFORE, it is mutually agreed by and between the undersigned parties
as follows:
1. ASSIGNMENT
As of the Effective Date of this Assignment, Assignee hereby accepts such
assignment and hereby assumes, agrees and undertakes to perform all obligations of
Assignor pursuant to the Agreement. As of the Effective Date of this Assignment, any
reference to SANCON TECHNOLGIES, INC., a California corporation, or reference to
"Contractor," in the Agreement, shall be deemed to be a reference to Assignee.
As of the Effective Date of this Assignment, Assignor shall have no further rights
of any kind whatsoever under the Agreement.
2. CITY CONSENT TO ASSIGNMENT
Pursuant to Section 17 of the Agreement, City approves of this Assignment.
3. INTEGRATED CONTRACT
Except as expressly modified herein, all other provisions, terms, and covenants
set forth in the Agreement shall remain unchanged and shall be in full force and effect.
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IN WITNESS WHEREOF, the parties hereto have executed this Assignment
Agreement on the date first above written.
APPROVED AS TO FORM:
CITY ATTORNEY'S OFFICE
Date:'q1j � /Z5
By:
Aar n C. Harp S
City Attorney LA �0-
CITY OF NEWPORT BEACH,
a California mu icipal corporation
Date: y/ Cl I 'LOYS
By:
G c K. Leung
i Manager
ATTEST: ASSIGNOR: SANCON TECHNOLGIES,
Date: INC., a California corporation
Date: Zo2S
By: By:
Leilani I. Brown Chuck Parsons
City Clerk Chief Executive Officer
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Date: `1122 4Vz5
By:
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Gary Dr
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ASSIGNEE: VORTEX SERVICES, LLC,
a Delaware limited liability company
Date: H % 22 h Zo2s
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[END OF SIGNATURES]
and General Manager
VORTEX SERVICES, LLC Page 2