This contract is a cooperative purchasing agreement between the Town of Fountain Hills and Zumar Industries, Inc. for the provision of traffic signs, sign posts, related hardware, and accessories. The contract is for a term of one year, with the option to renew for up to four successive one-year terms. The total aggregate amount to be expended under this agreement is not to exceed $50,000. The contract includes provisions for payment, inspection and acceptance of materials, cancellation, and termination. The Town of Fountain Hills is permitted to make purchases under this agreement at its discretion and with the agreement of the awarded contractor.