The City of St. Petersburg has awarded a contract to Matheson Tri-Gas Inc for the supply of liquid oxygen. The contract is effective from July 20, 2023, to July 31, 2028, and has a total value of $750,000. The contract includes a unit price of $0.01 per cubic foot of oxygen and a monthly service charge of $2,000. The vendor is required to deliver the oxygen to the city's premises, and the contract includes terms for payment, shipping, and inspection. Key aspects of the contract include:
• The contract is for the supply of liquid oxygen
• The contract term is 5 years
• The total contract value is $750,000
• The unit price is $0.01 per cubic foot of oxygen
• The monthly service charge is $2,000
• The vendor is required to deliver the oxygen to the city's premises