The City of Peoria, Arizona, has awarded a contract to Vulcan Materials Company for the provision of road materials, including hot mix asphalt, ABC, slurry sand, and other materials. The contract has a term of 5 years, with an option to renew. The vendor is required to provide the materials on a continuous basis, with delivery and pickup options available. The contract includes specifications for the materials, as well as pricing and payment terms. The City of Peoria has a procurement code and standard terms and conditions that apply to this contract. Some key points about this contract include:
* The contract is for the provision of road materials, including hot mix asphalt, ABC, slurry sand, and other materials.
* The vendor is required to provide the materials on a continuous basis, with delivery and pickup options available.
* The contract includes specifications for the materials, as well as pricing and payment terms.
* The City of Peoria has a procurement code and standard terms and conditions that apply to this contract.
* The contract has a term of 5 years, with an option to renew.
* The contract value is estimated to be around $1,000,000 per year, for a total of $5,000,000 over the 5-year term.