4-Payment Terms - Ephraim Main.pdf

This is a Payment Terms document for Snow College, a public institution in Utah, governing the purchase of arena and corral livestock gates, panels, chutes, ramps, and related equipment. The project must be completed and delivered to the Snow College Ephraim Campus at 150 College Avenue, Ephraim, Utah 84627 before July 12, 2026. Bidders may submit proposals for the entire project, the arena area only, or the outside arena portion (permanent or portable structures). Snow College will evaluate bids based on responsiveness and compliance with specifications outlined in the Invitation for Bid, and will award the purchase order to the responsive and responsible vendor submitting the lowest priced bid. Only one bid per vendor will be accepted; submission of multiple or alternate quotes will result in Snow College accepting only the primary bid.

Payment will be made within Net 30 terms via purchase order or credit card, with payment contingent upon project manager satisfaction and total project completion. No credit card processing fees are permitted and must be included in the bid pricing. Suppliers requesting money down payments will be eliminated from consideration unless they provide performance and payment bonds in the amount of the bid value; the cost of such bonds must be incorporated into the total bid price. All bid pricing must include shipping costs to the specified Ephraim campus address. No additional charges will be allowed after bid award.