HomeMy WebLinkAboutPSI Group, Inc.-Amendment to Mail Processing Agreement-06.04.2007 arfra-49
AMENDMENT to the MAIL PROCESSING AGREEMENT
This Amendment (the "Amendment") to the Mail Processing Agreement dated
1/8/2006, is entered into by and between PSI Group, Inc. ("PSI") and City of Waterloo
("Customer"), is entered into as of the 14th day of May, 2007 ("Effective Date"). PSI and
Customer may be referred to collectively as the"Parties".
WHEREAS, PSI and Customer entered into a Mail Processing Agreement on
1/8/2006 ("Original Agreement");
WHEREAS, the Original Agreement, provides that PSI may, at its option,
terminate or modify the Agreement in the event the USPS adopts any new postal
regulations,procedures, rates or incentives;
WHEREAS, the United States Postal Service® ("USPS") has adopted new postal
regulations, procedures, rates, or incentives effective May 14, 2007; and
WHEREAS, the Parties desire to amend some terms of the Original Agreement.
NOW, THEREFORE, for good and valuable consideration, the Parties mutually
agree as follows:
1. Unless otherwise defined herein, all capitalized terms used herein shall have the
same meaning as set forth in the Original Agreement.
2. The pricing stated in the Original Agreement is hereby amended and replaced in its
entirety. The attached Attachment A replaces and supersedes any and all previous
rates and pricing.
3. Customer agrees that, in performing its services pursuant to this Agreement, PSI
may, at its sole discretion, move Customer's mail from one PSI operating center to
another PSI operating center.
4. Except as amended herein, the terms of the Original Agreement remain in full force
and effect and are hereby ratified and affirmed.
PSI GROUP, INC. CITY OF WATERLOO
By: By:
Printed Name: Printed Name: �� -e
Title: Title: Metyp(
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ATTACHMENT A
FEES FOR PRESORT SERVICES
1. Location. Unless you tell us otherwise in writing, we will pick up your mail at the
following location(s):
City of Waterloo
715 Mulberry St
Waterloo, IA 50703
2. Postage. Customer shall meter all First-Class mail at the then current Presort Non-
Automation Rate. As of the date of this Agreement,that Rate is$0.373 for a 1 ounce piece
of letter mail. Customer shall reimburse PSI for all postage metered by PSI on behalf of
Customer.
3. Presort Fee. Customer shall pay a presort fee N/A per piece.
4. Exception Handling Fee. Mail that is rejected by the MLOCRs ("Machine Rejected
Mail" or "MRM") and mail that fails Delivery Point Validation ("DPV") will be charged
the above Presort Fee plus an Exception Handling Fee. The Exception Handling Fee will
be applied to a percentage of Customer's mail, regardless of the actual number of pieces of
Exception Mail, based upon a testing of your mail. Such percentage may be adjusted by
PSI, in its reasonable discretion, in the event that the readability or accuracy of Customer's
mail materially changes, following additional testing and advance notice to you.
• The MRM fee of$N/A per piece will be applied to 0 percent of the mail.
• The DPV fee of$N/A per piece will be applied to 0 percent of the mail.
5. Metering Fee. In the event that PSI meters any mail on behalf of Customer, in addition to
the postage expense, Customer will pay PSI a fee of$0.03 per letter and $0.10 per non-
letter that is metered.
6. Quality Control and Error Correction. To maintain quality control of the mail
processed, PSI will periodically inspect Customer's mail for compliance with quality
standards. Mail not in compliance will be corrected or returned to Customer as determined
by PSI. Additionally,Customer will pay the following charges for error correction: $45.00
per hour for screening mail, plus$N/A per piece corrected plus applicable postage.
7. Transportation. For the mail transportation services described in the Agreement,
Customer shall pay PSI a transportation fee of$N/A.
8. Fuel Surcharge. In addition to the transportation fee set forth above, Customer shall pay
PSI a fee of$N/A per day on account of fuel costs associated with performing the services
described in this Agreement.
9. Daily Service Fee. For the mail services described in the Agreement, Customer shall pay
PSI a Daily Service Fee of$14.95.
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