Milk for Burlington Residential Facility

The State of Iowa is seeking a single vendor to provide milk and dairy products for the Burlington Residential Facility. The contract has a term that will begin upon award, with the option for the State of Iowa to renew the contract for up to two annual extensions. The vendor will be required to provide a detailed quarterly report of all sales made under the contract, and will be subject to an administrative fee of 1.00% on all sales. The contract will be available to all State Agencies. • The contract requires the vendor to provide milk and dairy products that meet certain specifications, including being Grade A and having a quoted price subject to an escalator clause. • The vendor will be required to deliver the products to the Burlington Residential Facility, with delivery being FOB Destination, Freight Prepaid. • The contract has a payment term of 60 days, with the option for the State of Iowa to pay using its Purchasing Card Program (Pcard). • The vendor will be required to comply with the Terms of Pcard Acceptance if they accept Pcard payments. • The contract has an estimated annual value of $9,450, based on the last month's estimated purchases of 3,550 units.