This contract is for the provision of equipment rentals and related products and services to the City of Charlotte and participating public agencies. The contract has a term of five years with an option to renew for two additional two-year terms. The contractor, Herc Rentals Inc., will provide equipment rentals and services in accordance with the terms and conditions of the contract, including compliance with all applicable federal, state, and local laws and regulations. The contract also includes provisions for pricing, payment, and termination.
Key aspects of this contract include:
• Equipment rentals and related products and services will be provided to the City of Charlotte and participating public agencies.
• The contract term is five years with an option to renew for two additional two-year terms.
• The contractor must comply with all applicable federal, state, and local laws and regulations.
• Pricing and payment terms are outlined in the contract, including provisions for price adjustments and payment schedules.
• The contract includes provisions for termination, including termination for default or convenience.