3-Exhibit B - Method of Compensation (Sample).pdf

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SIX (6) SMART WORK ZONE DEPLOYMENT FOR FLORIDA DEPARTMENT OF TRANSPORTATION DISTRICT FOUR
Solicitation number
ITB-09117
Issued by
Broward County, Fruitville CDP, Florida

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This document is an Exhibit B - Method of Compensation for a Florida Department of Transportation (FDOT) contract opportunity for the procurement of six (6) smart work zone deployments for FDOT District Four. The contract has a total lump sum amount of $400,000.00 and requires the successful vendor to deliver all commodities as detailed in Exhibit A. Payment will be made upon delivery of all commodities, as approved by the Department. The contract includes the purchase of tangible personal property, which will be transferred to and controlled by the Department upon completion of services or end of the contract.

The related state and local contract opportunity is for the procurement of six (6) smart work zone deployments for FDOT District Four. The contract is open to competitive sealed bids, proposals, or replies, and all prospective bidders, proposers, and respondents must be registered in the State of Florida's MyFloridaMarketplace system. The contract includes nondiscrimination requirements and compliance with Florida Statutes, and the successful contractor must comply with the Inspector General requirements.

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Other files

File Type Posted
Exhibit C - Bid Price Sheet (Rev 5-31-2024).pdf PDF
Attached Forms.pdf PDF
ITB (Shell)-Commodity (Rev 5-31-2024).pdf PDF
Addendum No. 1.pdf PDF
5-MFMP Purchase Order Terms and Conditions.pdf PDF
1-Invitation To Bid (Shell)-Commodity.pdf PDF
4-Exhibit C - Bid Price Sheet.pdf PDF
2-Exhibit A - Scope of Commodity.pdf PDF

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DOT-ITB-24-4012-CO

EXHIBIT A – METHOD OF COMPENSATION

B - 1 OF 2

State of Florida Department of Transportation

EXHIBIT B - METHOD OF COMPENSATION

(SAMPLE)

SIX (6) SMART WORK ZONE DEPLOYMENT

FOR

FLORIDA DEPARTMENT OF TRANSPORTATION

DISTRICT FOUR

FINANCIAL PROJECT NUMBER: 232917-1-A1-03

http://www.fdot.gov/

DOT-ITB-24-4012-CO

EXHIBIT A – METHOD OF COMPENSATION

B - 2 OF 2

1.0 PURPOSE:

This Exhibit defines the limits and method of compensation to be made to the Vendor for services set forth in Exhibit "A" and the method by which payments shall be made.

2.0 COMPENSATION:

For the satisfactory delivery of the commodities detailed in Exhibit "A", the Vendor shall be paid a Lump Sum Amount of $400,000.00.

3.0 PROGRESS PAYMENTS:

The Vendor shall submit one invoice (3 copies) in a format acceptable to the Department. Payment shall be made to the Vendor upon delivery of all commodities, as approved by the Department.

Invoices shall be submitted to:

Florida Department of Transportation – District Four Traffic Operations

3400 West Commercial Boulevard, Fort Lauderdale, FL 33309-3421

4.0 TANGIBLE PERSONAL PROPERTY:

This contract includes the purchase of Tangible Personal Property as defined in Chapter 273, F.S., and is acquired in accordance with Rule 60A-1.017, Florida Administrative Code. The specific property(ies) and line-item cost(s) is(are) detailed (“below” or “in Exhibit C”) and will be subsequently transferred to and controlled by the Department upon completion of services or end of the contract, whichever occurs first. Upon receipt of property, the Vendor shall forward to the Department a copy of the purchase invoice/property description/serial number and date of receipt.

The Department will forward inventory control label(s) to be affixed to all property.

The Vendor will accommodate physical inventories required by the Department.

***END OF EXHIBIT B – METHOD OF COMPENSATION***

FINANCIAL PROJECT NUMBER: 232917-1-A1-03

File details come from the government source that posted it. Updated .