4-Payment Terms - Ephraim Main.pdf

This is a Payment Terms document for Snow College, a public higher education institution in Utah, related to a bid for providing and installing vinyl wrap on a semi tractor. The project involves furnishing and installing full-color printed vinyl graphics on both sides, front-facing panels, and the top three feet of the backside of the tractor in accordance with artwork provided by the College. The selected contractor must provide all materials, labor, equipment, and supervision necessary to complete the work to specification. Surface preparation, installation, and materials must meet specific standards, including outdoor-rated, high-performance cast wrap material with a 7-10 year durability rating and minimum specifications of 2-3 mil cast vinyl film with 2-3 mil cast UV overlaminate. The installation must be performed by a certified vehicle wrap installer, and the trailer will be made available beginning August 1st.

Payment terms require net 30 from the College, which will pay via purchase order or credit card with no credit card processing fees permitted. All fees must be included in the bid pricing. Payment will be made upon satisfaction of the project manager and total project completion. Any supplier requiring money down will be eliminated from consideration unless they provide performance and payment bonds in the amount of the bid, with bond pricing included in the total bid price. All bid pricing must include shipping to Snow College Ephraim Campus located at 150 College Avenue, Ephraim, Utah 84627.