C250095_IFB_Exhibit_B_Price_Summary_Sheet.docx

DOCX document 21 KB Posted

Attached to
Compressed Natural Gas Fuel Tank Replacement
Solicitation number
250095
Issued by
Orange County, California

About this file

This is a Price Summary Sheet for an Invitation for Bid (IFB) issued by the Orange County Transportation Authority (OCTA) in California for compressed natural gas (CNG) fuel tank replacement services. The project involves providing and delivering CNG fuel tanks for forty-eight (48) 2007-2008 New Flyer LFR buses. The contract term is two (2) years, with a total budget allocation of $2,721,744.00 for the complete effort.

The pricing summary sheet provides a detailed breakdown of costs associated with the CNG fuel tank replacement project. Qualified contractors are required to submit bids according to the specifications and requirements outlined in the IFB documents. The budget reflects the total investment OCTA is prepared to make for the procurement and installation of replacement fuel tanks across the specified fleet of buses, ensuring compliance with safety standards and operational requirements for the compressed natural gas fuel system upgrades.

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Text version

IFB 250095

EXHIBIT B

PRICE SUMMARY SHEET

1. Bid Instruction: To submit a Bid, firms must complete Section IV, Bid Package, in its entirety by electronically entering the Unit Price for each line item directly into the OpenGov system. All required fields must be filled in. Incomplete entries may result in the bid being deemed non-responsive.

2. Prices shall be firm-fixed for the entire term of the purchase order incorporating all direct costs, indirect costs, and profit. Estimated quantities are for evaluation purposes only and do not guarantee any maximum or minimum purchase amount. All freight costs to be included in the bidder’s price as the terms shall be F.O.B. destination.

3. Invoices must be itemized, include all material costs, and be accompanied by supporting documentation for any part exceeding $500. Contractor is required to substantiate the actual cost of replacement parts. Payment is contingent upon the provision of such proof.

4. PRICE INCREASES /DECREASES: No price increases will be permitted during the term of the Blanket Purchase Order. All price decreases will automatically be extended to Authority. Authority requires bona fide proof of cost increases on Contracts prior to any price adjustment. A minimum of ninety (90) days advance notice in writing is required to secure such adjustment. No retroactive price adjustments will be considered. Authority may enforce, adjust, negotiate, or cancel escalating price Contracts or take any other action it deems appropriate, as it sees fit. The net dollar amount of profit will remain firm during the period of the Blanket Purchase Order. Adjustments increasing the Contractor's profit will not be allowed.

5. FIRM DISCOUNT AND PRICING STRUCTURE: Contractor guarantees that prices quoted are equal to or less than prices quoted to any other local, State or Federal government entity for services of equal of lesser scope. Contractor agrees that no price increases shall be passed along to Authority during the term of this Blanket Purchase Order.

File details come from the government source that posted it. Updated .