This contract is for the provision of Glass Reflective Spheres (Beads) to the County of Orange. The contract is a usage contract, meaning that the county will pay for the goods as they are used. The contract has a total aggregate amount of $375,000, which is shared between Apex Universal, Inc. and Potters Industries, LLC. The contract includes specifications for the glass spheres, including the type, moisture proof coating, and packaging. The contractor is responsible for delivering the goods to the county's warehouse, and the county is responsible for paying for the goods within 30 days of receipt of an invoice. The contract also includes provisions for payment terms, invoicing instructions, and termination.
Some key points to consider when evaluating this contract include:
* The contract is for a specific type of good, Glass Reflective Spheres (Beads), which are used for providing nighttime retro-reflectivity in painted traffic lines and other pavement markings.
* The contract has a total aggregate amount of $375,000, which is shared between two vendors.
* The contract includes provisions for payment terms, invoicing instructions, and termination.
* The contractor is responsible for delivering the goods to the county's warehouse.
* The county is responsible for paying for the goods within 30 days of receipt of an invoice.