This contract is for a Job Order Contract (JOC) for facilities minor capital outlay projects at California Polytechnic State University, San Luis Obispo. The contract was awarded to Pre Con Industries, Inc. and has a term of 365 calendar days. The contract includes a bid proposal form, a bid proposal form signature page, a bidder's bond, and a vendor data record form. The contract also includes an award formula, which takes into account factors such as the bidder's experience, qualifications, and price. The contract has a minimum value of $25,000 and a maximum value of $500,000, and the university reserves the right to increase the maximum value incrementally up to $3,000,000 dependent upon contractor's performance, available prequalification rating minus receivables, and bonding capacity. Some of the key points of this contract include:
• The contract is for a JOC for facilities minor capital outlay projects.
• The contract was awarded to Pre Con Industries, Inc.
• The term of the contract is 365 calendar days.
• The contract includes a bid proposal form, a bid proposal form signature page, a bidder's bond, and a vendor data record form.
• The contract has a minimum value of $25,000 and a maximum value of $500,000.
• The university reserves the right to increase the maximum value incrementally up to $3,000,000.
• The contract includes an award formula, which takes into account factors such as the bidder's experience, qualifications, and price.