The City of Tempe has awarded a contract for Econolite brand traffic control equipment to Econolite Control Products Inc. The contract has a term of 2 years, with the option to renew. The scope of work includes the provision of traffic control equipment, and the vendor is required to comply with the City's antidiscrimination policy and sustainability guidelines. The contract also includes provisions for payment, delivery, and termination. Key features of the contract include:
• The contract term is 2 years, with the option to renew for an additional 2 years.
• The vendor is required to provide Econolite brand traffic control equipment.
• The contract includes provisions for payment, delivery, and termination.
• The vendor is required to comply with the City's antidiscrimination policy and sustainability guidelines.
• The contract has a value of approximately $1 million to $5 million, based on industry standards for similar contracts.