Addendum 2.pdf
PDF 224 KB Posted
- Attached to
- Bus Shelters and Spare Parts
- Solicitation number
- BPM032625
- Issued by
- Maryland
About this file
This document is Addendum No. 2 to an Invitation for Bids (IFB) issued by the Maryland Transit Administration (MTA) for Bus Shelters and Spare Parts, IFB No. OPS-23-021-GM. The addendum revises the bid due date to January 10, 2023 at 1:00 PM local time and provides specification changes. Bidders must acknowledge receipt of this addendum by completing and returning the form with their bid submission. The public bid opening is also scheduled for January 10, 2023 at 1:00 PM local time.
The addendum also adds a new section on Price Adjustments, which allows for annual price re-evaluations based on the Producer Price Index for Fabricated Structural Metal Manufacturing. Prices may be adjusted up or down, but not by more than 4% from the previous year. The price adjustments will apply to all products ordered in the specified calendar year regardless of the actual delivery date.
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Other files
| File | Type | Posted |
|---|---|---|
| Bid Form OPS-23-021-GM.xlsx | XLSX spreadsheet | |
| IFB OPS23021GM.pdf | ||
| Addendum No. 1.pdf | ||
| Addendum 3.pdf |
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Text version
6 Saint Paul Street, Baltimore, MD 21202-1614 | 410.539.5000 | 1.866.RIDE.MTA | TTY 410.539.3497 | mta.maryland.gov
TO: All Prospective Offerors
FROM: Maryland Transit Administration
SUBJECT: Addendum No. 2 IFB No.: OPS-23-021-GM Bus Shelters and Spare Parts
DATE: December 20, 2022
Effective this date is Addendum No. 1 (2 pages) to the subject IFB. This addendum includes the revised due date and specification revisions.
Bidders shall acknowledge receipt of this Addendum by completing and returning this form with the bid submission package.
All other terms and conditions remain unchanged.
Sincerely, Heather Martin Heather Martin Procurement Officer
MDOT MTA
Acknowledgement of receipt of Addendum No. 2 to IFB No. OPS-23-021-GM
Vendor Name: ___________________________________________________________
Authorized Representative’s Signature Date
2 | P a g e
Please replace the following information in the Key Information Summary Sheet:
Bid Due (Closing) Date and Time:
January 10, 2023 at 1:00pm Local Time Bidders are reminded that a completed Feedback Form is requested if a no-bid decision is made (see page iv).
Public Bid Opening Date, Time and Location
January 10, 2023 at 1:00pm Local Time Please RSVP via email and MS Teams information will be provided.
Please add the following information as follows as IFB § 2.3.4 Price Adjustments
a. GENERAL – The unit prices and the total price stated in this contract shall be re-evaluated each year following the end of the first year of the contract execution.
b. PRICE RE-DETERMINATION PERIODS – For the purpose of price and performance of this contract, the Producer Price Index for the subject year shall be used to compute the pricing. All Products ordered during each calendar year shall be based on price adjustments computed using specified index value for the 12 month period based on contract execution date. For example, if contract is executed in May 2023, the index will be reviewed in May each year.
c. COMPUTATION OF PRICES – Adjustment of prices shall be based on the US
Department of Labor, Bureau of Labor Statistics Producer Price Index as published in the monthly periodical “Producer Price Indexes” for commodity code Category 332312 Fabricated Structural Metal Manufacturing. The index base shall be taken from the latest version of Producer Price Index available and published for the month prior to the renewal date. Price change calculations shall be performed using the latest version of the Producer Price Index for the month using the simple percentage method. Price adjustment shall be on a per unit basis as follows:
PPI for month of Price re-determination request Base Price X (PPI for July of subject year) = Adjusted Price
However, the Adjusted Price shall not increase or decrease the previous year’s price by more than 4%.
The price adjustment shall apply to all products ordered in the specified calendar year regardless of actual delivery.
-End of Addendum No. 2-
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