Clauses Extenison Overrun 3 Performance Bid.doc
DOC document 20 KB Posted
- Attached to
- Hot Foil Stamped Seals- 2 1/4 inch
- Solicitation number
- RFQ - 29A - 08080800000000000107
- Issued by
- Maine
About this file
This file contains additional contract clauses for a Maine state purchasing contract for Hot Foil Stamped Seals measuring 2 1/4 inches. The contract is subject to extension beyond its initial expiration date at the discretion of the State Purchasing Director, provided the contractor consents to the extension. The total contract period may not exceed three years from the initial award date.
The contract permits an overrun not to exceed 3 percent of the awarded quantity or value. Vendor past performance is identified as a factor that may be considered in the award decision. These terms establish the framework for contract administration, performance evaluation, and potential cost adjustments during the contract period.
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Other files
| File | Type | Posted |
|---|---|---|
| Conditions and Instructions to Bidders.doc | DOC document |
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Additional Clauses
Vendor’s past performance may be a factor in the award.
Overrun not to exceed 3%
EXTENSION CLAUSE: The State Purchasing Director reserves the right to extend this contract period beyond the indicated expiration date with the consent of the contractor. Total contract period may not exceed three years.
File details come from the government source that posted it. Updated .