CONTRACT SUMMARY

This is a State of Illinois Basic Ordering Agreement (BOA) contract under $50,000 between the State of Illinois and FYNI LLC, a Limited Liability Company with an Employer Identification Number of 86-3094099. The contract was executed by the State of Illinois Department of Corrections and is governed by the State of Illinois Chief Procurement Office General Services. The agreement is subject to standard State of Illinois terms and conditions, including prevailing wage requirements, federal funding compliance (if applicable), and mandatory certifications. The contract includes provisions for subcontracting, audit and records retention for three to five years, indemnification, insurance requirements, and compliance with all applicable federal, state, and local laws.

The contract covers the supply of Three Compartment Hired Lid Containers for use at the Illinois River Correctional Center, with an order quantity of 100 cases at a unit price of $39.673, totaling $3,967.30 for the initial purchase. The delivery requirement specifies 200 containers per case with a delivery deadline of no later than Monday, September 21. The contract is for a one-time purchase with a base term through June 30, 2027, and includes a three-page extension option. Payment terms follow the State Prompt Payment Act, and the vendor must maintain General Commercial Liability insurance of $1,000,000, Auto Liability insurance of $1,000,000, and Worker's Compensation insurance as required by law. The State reserves the right to terminate the contract for convenience with thirty days' notice or for cause if the vendor fails to perform material requirements of the agreement.