The City of Port St. Lucie has entered into a contract with K&M Electric Supply, Inc. for the provision of electrical supplies and equipment. The contract is a piggyback agreement, which means that the City is utilizing a contract that was originally established by Palm Beach County. The contract has a term of approximately 3 years, from November 15, 2022, to December 31, 2025. The contract includes provisions for insurance, indemnification, and termination. The City has the right to terminate the contract at any time with or without cause, and the contractor is required to maintain certain insurance coverages, including workers' compensation, commercial general liability, and automobile liability. The contract also includes provisions for public records and the retention of documents. Some key points to consider when evaluating the similarity of this contract to other contracts include: the type of goods or services being provided, the term of the contract, the insurance requirements, and the termination provisions.