The City of Orlando has awarded a contract to Josam Products, Inc. for truck frame alignment and straightening services. The contract is valued at $1,500,000 and has a duration of 36 months, with the option to extend for an additional 24 months. The scope of work includes performing the work as defined in the contractor's proposal, furnishing all materials, tools, equipment, manpower, and consumables to complete the work. The contract also outlines the terms and conditions for payment, termination, and dispute resolution. Key points include:
• The contract is for a fixed term of 36 months, with the option to extend for an additional 24 months.
• The contractor is responsible for performing the work as defined in their proposal.
• The City of Orlando is responsible for paying the contractor for the work performed.
• The contract outlines the procedures for termination, dispute resolution, and payment.
• The contractor is required to maintain certain insurance coverages and provide certificates of insurance to the City.
• The contract is governed by the laws of the State of Florida.