1-Acknowledgment Of Contract Terms.pdf

This is an Acknowledgment of Contract Terms document for Florida Atlantic University (FAU), a state institution in Florida, establishing a supplier pool for external event venues. FAU seeks to establish qualified suppliers capable of providing venues for university events through a framework agreement with an initial five-year term and two optional two-year renewals. When venues are needed, FAU will issue Requests for Quotes (RFQs) to the awarded vendor pool. These RFQs will contain event-specific information and specifications as determined by FAU, and awards will be made to the firm or firms that best meet FAU's needs at the time of each RFQ issuance.

Vendors must acknowledge and agree to FAU's standard Purchase Order (PO) Terms as outlined at https://www.fau.edu/procurement/files/poterms.pdf without proposing objections, variations, or supplements to the contract terms. Alternatively, vendors may submit proposed modifications to the standard terms as an attachment to the acknowledgment document. A duly authorized company representative must sign the acknowledgment form, confirming their authority to bind the company to FAU's contract requirements. The document itself does not specify pricing structures, set-asides, funding sources, or other financial details, as those elements would be determined through individual RFQ responses during the contract term.