4-Payment Terms - Ephraim Main.docx

This is a payment terms document for Snow College in Utah related to a Request for Quote (RFQ) for custom fabric promotional shirts and hats. The college seeks quotes for 11 men's polo shirts in "Blue Storm Blade" color across sizes small through XXXL, 10 women's polo shirts in the same color and material specification, and 2 sizes of gray hats with custom logos. The shirts must be constructed from 90% polyester and 10% spandex with a 3-color logo on the back by the neck and a Block S logo embedded within the shirt's pattern. The hats are to be gray, 5-panel designs with snap backs, mesh panels, and embroidered logos including a badger head. All items must be delivered FOB Destination to Snow College's Ephraim Campus at 150 College Avenue, Ephraim, UT 84627.

Payment will be made on a Net 30 basis through purchase order or credit card upon project completion and satisfaction of the project manager. No credit card processing fees are permitted and must be included in bid pricing. Suppliers requiring money down payments may be eliminated from consideration or must provide performance and payment bonds in the bid amount, with bonding costs included in the total bid price. All shipping and handling costs to the specified Utah address must be included in the quoted price, and delivery must be FOB Destination. Multiple or alternate quotes will not be accepted, and quotes must comply with all specifications outlined in the RFQ.