Bearings, Seals, Belts & Related Products

This contract is for the provision of bearings, seals, belts, and related products to the City of St. Petersburg and other participating entities. The contract has a term of three years, with the option to extend for up to two additional years. The vendor, Motion Industries, Inc., will provide the products at a discounted price, with a minimum discount of 10% and a maximum discount of 65% off the list price. The contract also includes provisions for shipping, warranty, and customer service. The City of St. Petersburg and other participating entities will be responsible for payment, and the vendor will be responsible for maintaining insurance and complying with applicable laws and regulations. Key aspects of the contract include: • The contract term and extension options • The pricing and discount structure • The products and services to be provided • The responsibilities of the vendor and the City of St. Petersburg • The provisions for shipping, warranty, and customer service • The insurance and regulatory compliance requirements