The City of Goodyear has awarded a contract to Copper State Pavement, Inc. for pavement preservation services. The contract is for a term of one year, with the option to renew for an additional two years. The contract has a total value of $150,000. The services will be provided in accordance with the terms and conditions of the contract, which includes provisions for payment, insurance, and termination. The contract also includes a provision for the vendor to indemnify the City of Goodyear against any claims or damages. Some key points of the contract include:
* The vendor will provide pavement preservation services to the City of Goodyear
* The contract is for a term of one year, with the option to renew for an additional two years
* The total value of the contract is $150,000
* The vendor will be paid on a monthly basis, based on the work completed and submitted invoices
* The vendor is required to maintain certain types and amounts of insurance, including commercial general liability and workers' compensation insurance
* The contract includes a provision for termination, which can be initiated by either party with written notice.