Clauses Extenison Overrun 3 Performance Bid.doc

This is a supplemental clauses document outlining contract extension and performance evaluation provisions for a state purchasing contract. The contract establishes a base term with the potential for extension, with the State Purchasing Director retaining the right to extend the contract period beyond the initial expiration date subject to contractor consent. The total contract period, including any extensions, may not exceed three years from inception.

Vendor past performance will be considered as a factor in contract award decisions. The contract includes a cost control provision limiting any overrun to a maximum of 3 percent above the base contract value. These terms apply to the performance-based bid submission requirements for this state procurement opportunity.