The contract is for the provision of Chesterton Mechanical Seals to the City of Tucson. The vendor, Phoenix Pumps Inc., will provide the seals on an as-needed basis. The contract has a term of one year, with the option to renew for four additional one-year periods. The contract includes provisions for insurance, payment terms, and termination. The City of Tucson reserves the right to terminate the contract if the vendor fails to perform or if the contract is no longer necessary.
* Key aspects of the contract include:
* Provision of Chesterton Mechanical Seals on an as-needed basis
* Term of one year with option to renew for four additional one-year periods
* Insurance requirements, including commercial general liability and workers' compensation
* Payment terms, including a prompt payment discount
* Termination provisions, including termination for cause or convenience