The City of Tucson has awarded a contract to Friedman Recycle for the processing, storing, and shipping of mixed plastics. The contract has a term of one year, with the option to renew for two additional one-year periods. The total payments under this agreement shall not exceed $100,000.00. The contractor will be paid following submission of itemized invoices for the services rendered. Some key points of the contract include:
• The City will review fully documented requests for price adjustment only at the time of contract renewal and/or extension.
• The contractor agrees that the City of Tucson shall have the right to renew the contract for two additional one-year periods or portions thereof.
• The contract includes a prompt payment discount term, but the specifics are not provided.
• The contractor is required to have a City of Tucson Business License.