This contract is for the purchase of 2026 or latest model year motor vehicles by the State of West Virginia. The contract is an open-end statewide contract, which means that the quantities listed are approximations only, and the contract will cover the quantities actually ordered for delivery during the term of the contract. The vendor, Stephens Motor Company LLC, is required to provide the vehicles meeting the specifications and requirements contained in the contract. The contract has a term of one year, with the option to renew for successive one-year periods. The vendor is required to provide quarterly reports detailing the total quantity of purchases in units and dollars, along with a listing of purchases by agency.
• The contract includes provisions for delivery, payment, and returns.
• The vendor is required to comply with all applicable laws, regulations, and ordinances.
• The contract includes provisions for liquidated damages in the event of default or delayed delivery.
• The vendor is required to provide warranty coverage for the vehicles.
• The contract includes provisions for termination and cancellation.