This contract is for T&M (Time and Materials) plumbing, HVAC, and refrigeration services for The University of Akron. The contract has a term of one year, with the option to renew for four additional years. The contract includes provisions for prevailing wages and labor increases. The University reserves the right to extend the contract for up to 120 days past the normal expiration date. The contract may be cancelled by either party with 30 days' written notice.
• The contract is for T&M services, with rates payable under the contract subject to labor increases as reflected in the Prevailing Wage determination for Summit County.
• The contractor must notify the University immediately upon a wage increase and provide documentation for acceptance by the University.
• The contract includes provisions for purchase orders and invoices, with the purchase order number required on all invoices.
• The University follows the bid process as identified in Ohio Revised Code 153 for larger scale projects.