The contract is for the provision of scrap and surplus metal materials to the County of Allegheny. The vendor, Leo Iron & Metals, Inc., will furnish, supply, and deliver the materials to the County. The contract has a term of one year, with three one-year options to renew. The contract value is estimated to be $10,000. The key aspects of the contract include:
* The vendor will provide all facilities, labor, and services required to receive, process, recycle, use, and/or market scrap metals collected or accumulated by the County.
* The vendor will state a price for each option, consisting of a price per pound for scrap metals picked up by the contractor from the County.
* The contract sets forth all the promises, agreements, conditions, and understandings between the County and the Contractor.
* The vendor will maintain books, program, and financial records, documents, and other evidence pertaining to costs and expenses related to this Agreement.
* The County may terminate this Agreement at any time with or without cause by providing to the Supplier no less than thirty (30) days prior written notice of termination.
Some of the key points to note are:
* The contract is for a period of one year, with options to renew for an additional three years.
* The vendor is required to provide all facilities, labor, and services required to receive, process, recycle, use, and/or market scrap metals collected or accumulated by the County.
* The contract value is estimated to be $10,000.
* The County may terminate the contract at any time with or without cause.