Document Summary

This document is an Indefinite Delivery/Indefinite Quantity (IDIQ) contract awarded under the Cooperative Purchasing Program. The contract involves the State of Arkansas as the procuring entity, with the Arkansas Department of Finance and Administration overseeing the agreement. The awarded contractor is Zoro Tools, Inc., a supplier of tools, equipment, and related products. The contract is designed to serve multiple entities across state and local jurisdictions that choose to participate in this cooperative purchasing vehicle.

The contract establishes a framework for the indefinite delivery and quantity of tools, equipment, and industrial supplies at fixed pricing established in the accompanying price list. Pricing is based on a percentage discount applied to the supplier's published catalog prices, with specific discounts varying by product category. The contract includes options for renewal periods, allowing for extensions beyond the initial term to provide continuity of service. The agreement is open to all eligible state agencies, local governments, schools, and other authorized public entities within Arkansas and potentially other states participating in the cooperative purchasing consortium. There are no specific set-asides mentioned, and the contract operates on an as-needed basis without a guaranteed minimum purchase volume, allowing participating entities to order only what they require at the negotiated pricing terms.