IFB08172026 - Condenser Water Pumps Package

The document is an Invitation for Bid (IFB) from the University of Arkansas for the purchase of two condenser water pumps and two associated motors. Here's a summary of the key points: **Bid Details** * Bid Number: IFB No. 08172026 * Bid Release Date: August 17, 2026 * Bid Due Date: August 31, 2026 * Bid Due Time: 2:30 PM CST * Bid Opening Event: 2:30 PM CST via Microsoft Teams **Scope of Work** * The University is seeking to purchase two condenser water pumps and two associated motors for its Facilities Management department. * The scope of work is described in Attachment A. **Bid Requirements** * Respondents must comply with all articles of the Standard Terms and Conditions documents and the IFB document. * Bids must be submitted via the UA Formal Bid Submission website. * Respondents must submit one signed digital copy of their bid. * Failure to sign the bid as required will eliminate it from consideration. **Evaluation and Award** * The University will evaluate bids based solely on price and/or discount. * The University reserves the right to reject any or all bids, or to award a contract to the respondent whose proposal best meets the University's goals and financial objectives. **Contract Terms** * The contract term will be for an initial period of four years, with an option to renew for three additional years. * The University may terminate the contract without cause by giving the contractor 30 days' written notice. * The contractor must indemnify and hold harmless the University and its trustees, officers, employees, and representatives. **Payment and Delivery** * Payment terms are described in the IFB document. * Delivery must be FOB Destination, and the contractor must deliver the goods within 30 days after receipt of the purchase order. **Governing Law** * The IFB, any resulting contract, and all performance thereunder will be governed by the laws of the State of Arkansas. * The parties agree that the State of Arkansas will be the sole and exclusive venue and jurisdiction for any litigation or proceeding that may arise out of or in connection with the IFB or any contract with the University.