Orange County NC Website
ARPA Sourced 02-22 V3 <br />[Departmental Use Only] <br />TITLE VACO LLC <br />FY 2024-25 <br />NORTH CAROLINA <br />SERVICES AGREEMENT (Financial Services) <br />ORANGE COUNTY <br /> This Services Agreement (hereinafter “Agreement”), made and entered into this 1st day of June, <br />2024, (“Effective Date”) by and between Orange County, North Carolina a political subdivision of the <br />State of North Carolina (hereinafter, “Orange County” or the "County") and Vaco LLC, (hereinafter, <br />the "Provider"). <br />WITNESSETH: <br />That the County and Provider, for the consideration herein named, do hereby agree as follows: <br />1. Services <br />a.Scope of Work. <br />i)This Agreement is for services to be rendered or supplies, equipment, or products <br />provided (the “Product”) by Provider to County with respect to (insert type of project): <br />Financial Services <br />ii)By executing this Agreement, the Provider represents and agrees that Provider is <br />qualified to perform and fully capable of performing and providing the Product required <br />or necessary under this Agreement in a fully competent, professional and timely manner. <br />iii) Time is of the essence with respect to this Agreement. <br />iv)The Product to be performed under this Agreement consists of Basic Services, as <br />described and designated in Section 3 hereof. Compensation to the Provider for Basic <br />Services under this Agreement shall be as set forth herein. <br />v) This Agreement involves the use or expenditure of federal sourced funds. Addendum 1 <br />is made part of this Agreement and is fully incorporated herein. <br />2.Responsibilities of the Provider <br />a.Services to be provided. The Provider shall provide the County with all Product required in <br />Section 3 to satisfactorily complete the Project within the time limitations set forth herein and <br />in accordance with the highest professional standards. <br />b. Standard of Care. <br />DocuSign Envelope ID: 90FFEC8F-F003-48CC-B574-1E7A91E0C012