Clauses Extenison Overrun 3 Performance Bid.doc

DOC document 20 KB Posted

Attached to
"Approved" Decals for Gas Pumps
Solicitation number
RFQ - 01A - 09010800000000000471
Issued by
Kennebec County, Maine

About this file

This is an additional clauses document for a Maine state contract opportunity for "Approved" Decals for Gas Pumps. The contract establishes specific performance and extension parameters for the selected vendor. The State Purchasing Director reserves the right to extend the contract period beyond the initially indicated expiration date with the contractor's consent, with a maximum total contract period not to exceed three years.

Vendor past performance may be considered as a factor in the contract award. The contract includes an overrun provision that limits cost increases to no more than 3% above the agreed-upon pricing.

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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 .