This contract is for the purchase of bottled water by the City of St. Petersburg, Florida. The contract has a term of three years, with the option to renew for an additional term. The vendor, Short and Simple Supplies, Inc., will provide the bottled water in quantities desired by the City, as set forth in individual purchase orders. The contract includes provisions for payment, delivery, and warranties, as well as requirements for insurance and indemnification. Some key points include:
* The City may purchase bottled water from the vendor in quantities desired, as set forth in individual purchase orders.
* The vendor must deliver the bottled water to the shipping location specified in the purchase order, within the delivery date specified.
* The City will pay the vendor for the bottled water, at the unit prices set forth in the contract, provided the vendor has faithfully performed its obligations and the City has accepted the bottled water.
* The vendor must maintain certain types and amounts of insurance throughout the term of the contract.
* The contract includes provisions for termination, including termination for convenience by the City, and termination due to failure by the vendor to perform its obligations.
Some benefits of this contract include:
* The City has the flexibility to purchase bottled water in quantities desired, which can help to ensure that the City's needs are met.
* The contract includes provisions for warranties and indemnification, which can help to protect the City in the event of defects or other issues with the bottled water.
* The contract requires the vendor to maintain certain types and amounts of insurance, which can help to protect the City in the event of accidents or other incidents.