GSU - Elevator Door Lock Monitor

The contract is for the installation of code-compliant elevator door lock monitors on elevators across multiple campuses of Georgia State University. The contract was awarded to Oracle Elevator Holdco, Inc DBA Elevated, with a fixed contract amount of $118,258.00. The contract term is from the date of award until the end of the State’s current fiscal year, with four one-year renewal options. The contract requires the vendor to provide all necessary materials and labor to complete the installation, and to ensure that all work is done in accordance with applicable laws and regulations. • The contract includes a notice of award, which states that the contract has been awarded to the successful offeror. • The contract includes a statement of work, which outlines the specific tasks and deliverables required of the vendor. • The contract includes a payment schedule, which outlines the amount and timing of payments to be made to the vendor. • The contract includes a termination clause, which outlines the circumstances under which the contract may be terminated. • The contract includes a dispute resolution process, which outlines the procedures to be followed in the event of a dispute between the parties.