The City of Goodyear has awarded a contract to VSS International, Inc. for Fractured Aggregate Surface Treatment - FAST High Volume. The contract has a term of one year, with the option to extend for up to four additional years. The contract amount is $1,884,442.50. The services to be provided include the application of FAST to city streets. The contract includes provisions for payment, termination, and indemnification. The City of Goodyear reserves the right to terminate the contract at any time, with or without cause. Some key points to consider are:
• The contract has a fixed term with options for extension
• The contract amount is fixed, but subject to adjustment
• The City of Goodyear has the right to terminate the contract at any time
• The contractor is required to indemnify the City of Goodyear against any claims or damages
• The contract includes provisions for payment, including a payment schedule and a requirement for itemized invoices
• The contract includes provisions for termination, including notice requirements and payment of outstanding invoices