Price+Adjustment+-+Versa+Signed+11-8-22.pdf

PDF 814 KB Posted

Attached to
Furniture, Sit Stand CPU Desk
Contract number
048
Issued by
North Dakota

About this file

This document is a Contract Amendment (Amendment Number 3) between the State of North Dakota, acting through its State Procurement Office, and Versa Products Inc., pertaining to State Contract 048 for Furniture, specifically Sit Stand Ergonomic CPU Desks. The amendment involves adjusting pricing terms for the existing contract and was executed on November 8, 2022.

The contract covers two models of Sit/Stand Adjustable Height Desks in Category 9: Vertical-Lift Complete Desktop Style, with specifications including ergonomic work-fi, dual monitor capability, treadmill/hydraulic desk options, and 35"-37.5" worksurface widths. The amendment includes volume incentive pricing tiers for 0-25, 26-50, and 251+ units, with additional options for accessories and ergonomic desk solutions that offer percentage discounts ranging from 10% to 20% depending on the purchase volume. The pricing adjustment follows the contract's original terms allowing price modifications after the initial 365-day firm-fixed period, subject to manufacturer documentation and state approval.

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CONTRACT AMENDMENT

Amendment to Contract between the State of North Dakota, acting through its (State Procurement Office), “STATE,” and (Versa Products Inc.), “CONTRACTOR.”

The parties agree to the following terms and conditions and expressly agree that if any of the following terms and conditions conflict with any of the terms and conditions of the Contract, then, notwithstanding any term in the Contract, the following terms and conditions govern and control the rights and obligations of the parties.

Whereas, Item 17 under Section 3 “Price Adjustment” of the Special Contract Terms and Conditions states: “Pricing, Firm-Fixed with Adjustment Provisions. Pricing shall be firm for the first 365 days of the contract period. After the firm-fixed period, the CONTRACTOR may submit a request for a price increase to the Procurement Officer.

Requests for a price increase must include a copy of the manufacturer's official notice or other evidence that the increase or decrease is warranted. The State reserves the right to accept or reject, within 30 days, or cancel the contract. The CONTRACTOR shall immediately inform the State of any price decreases. Price changes will become effective upon execution of a contract amendment. All orders placed are to be billed at prices in effect at the time of the order, not the date the shipment is made.”; therefore, the Contract is amended as follows:

Price Adjustment:

The parties have agreed to the pricing as outlined in Exhibit A found at the end of this amendment.

(The remainder of this page is intentionally left blank)

CONTRACT NUMBER AND TITLE: State Contract 048 - Furniture, Sit Stand Ergonomic CPU Desk

AMENDMENT NUMBER: 3

All other terms of the Contract remain in effect.

This Contract Amendment is not effective until fully executed by all parties.

EXECUTION

CONTRACTOR NAME

Versa Products Inc.

14105 Avalon Blvd Los Angeles, CA 90061

NAME

SIGNATURE

TITLE

DATE

STATE OF NORTH DAKOTA acting through its State Procurement Office 600 E Boulevard Ave Dept 012 Bismarck, ND 58501-0310

NAME

Gabriel Hoggarth

SIGNATURE

TITLE

State Procurement Officer

DATE

CONTRACT NUMBER AND TITLE: State Contract 048 - Furniture, Sit Stand Ergonomic CPU Desk

AMENDMENT NUMBER: 3

11/8/2022

Louie Ortiz

3P/online sales

111-08-2022

Exhibit A

CONTRACT AMENDMENT
Whereas, Item 17 under Section 3 “Price Adjustment” of the Special Contract Terms and Conditions states: “Pricing, Firm-Fixed with Adjustment Provisions. Pricing shall be firm for the first 365 days of the contract period. After the firm-fixed period,...
other evidence that the increase or decrease is warranted. The State reserves the right to accept or reject, within 30 days, or cancel the contract. The CONTRACTOR shall immediately inform the State of any price decreases. Price changes will become ef...
Price Adjustment:
The parties have agreed to the pricing as outlined in Exhibit A found at the end of this amendment.
(The remainder of this page is intentionally left blank)
This Contract Amendment is not effective until fully executed by all parties.
EXECUTION

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