250056_IFB_Exhibit_B_Price_Summary_Sheet.pdf
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- Attached to
- Locksmith Services and Parts
- Solicitation number
- 250056
- Issued by
- Orange County, California
About this file
This is an Exhibit B Price Summary Sheet for Invitation for Bid (IFB) 250056 issued by the Orange County Transportation Authority (OCTA) in California for locksmith services and parts. The contract is structured as a blanket purchase order with a three-year term and a total budget of $125,000. Contractors must submit unit prices for each line item through the OpenGov electronic system, with all required fields completed to avoid deemed non-responsive bids. Services will be provided on an as-needed basis with no guaranteed minimum or maximum purchase amounts, and the authority will reimburse only for services actually rendered.
Pricing must be presented as fully-burdened labor rates incorporating all direct costs, indirect costs, and profit, with rates remaining firm-fixed throughout the contract term. Working hours are defined with straight time rates for Monday through Friday, 6:00 AM to 3:00 PM; overtime rates for Monday through Friday, 3:01 PM to 5:59 AM, and Saturday work; and double-time rates for Sunday and holiday services. No price increases are permitted during the contract term, though price decreases will automatically extend to the authority. Contractors must provide ninety days advance written notice with bona fide proof for any cost adjustment requests, with no retroactive adjustments permitted. Invoices must be itemized with supporting documentation for any item exceeding $500, and contractors must substantiate replacement part costs. Contractors guarantee that quoted prices are equal to or less than those offered to any other local, state, or federal government entity for equal or lesser scope services.
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Text version
IFB 250056
EXHIBIT B
PRICE SUMMARY SHEET
1. Bid Instruction: To submit a Bid, firms must complete Section IV, Bid Package, in its entirety by electronically entering the Unit Price for each line item directly into the OpenGov system.
All required fields must be filled in. Incomplete entries may result in the bid being deemed non-responsive.
2. Prices below are fully-burdened labor rates to provide services as specified in the Exhibit A, Scope of Work. Prices shall be firm-fixed for the entire term of the purchase order incorporating all direct costs, indirect costs, and profit. Services shall be provided on an as-needed basis with no guaranteed usage. Contractor shall be reimbursed only for those services actually provided. Estimated quantities below are for evaluation purposes only and do not guarantee any maximum or minimum purchase amount.
3. Working hours will be defined as:
• Straight Time: Monday - Friday 6:00AM - 3:00PM
• Overtime: Monday - Friday 3:01PM - 5:59AM, and Saturday
• Double Time: Sunday & Holiday
4. Invoices must be itemized, include all material costs, and be accompanied by supporting documentation for any part exceeding $500. Contractor is required to substantiate the actual cost of replacement parts. Payment is contingent upon the provision of such proof.
5. PRICE INCREASES /DECREASES: No price increases will be permitted during the term of the Blanket Purchase Order. All price decreases will automatically be extended to Authority.
Authority requires bona fide proof of cost increases on Contracts prior to any price adjustment.
A minimum of ninety (90) days advance notice in writing is required to secure such adjustment.
No retroactive price adjustments will be considered. Authority may enforce, adjust, negotiate, or cancel escalating price Contracts or take any other action it deems appropriate, as it sees fit. The net dollar amount of profit will remain firm during the period of the Blanket Purchase Order. Adjustments increasing the Contractor's profit will not be allowed.
6. FIRM DISCOUNT AND PRICING STRUCTURE: Contractor guarantees that prices quoted are equal to or less than prices quoted to any other local, State or Federal government entity for services of equal of lesser scope. Contractor agrees that no price increases shall be passed along to Authority during the term of this Blanket Purchase Order.
File details come from the government source that posted it. Updated .