The contract is for the maintenance of two elevators in the Bay County Administration Building. The maintenance services include preventive maintenance, repairs, and replacements of parts, as well as safety tests and inspections. The contract has a term of 20 years, with an option to renew for additional 5-year periods. The contract price is $260 per month, with adjustments for labor and material costs. The vendor, Otis Elevator Company, will provide trained personnel and specialized equipment to perform the maintenance services. Some key points to consider are:
• The contract includes a price adjustment clause to account for changes in labor and material costs.
• The vendor is responsible for maintaining a supply of replacement parts and for providing emergency service.
• The contract includes a provision for the vendor to train its personnel on the elevators.
• The contract does not cover certain aspects of the elevators, such as car enclosures and rail alignment.
• The contract includes a termination clause, which allows either party to terminate the contract with 90 days' written notice.