signed+renewal+amendment+#1.pdf

This document is a Contract Amendment (Amendment #1) for State Term Contract #047 between the State of North Dakota, represented by its Office of Management and Budget's State Procurement Office, and Borden Decal from Park Forest, IL. The contract specifically pertains to Printing- Mobility Impaired Parking Placards and was originally commenced on March 1, 2023, with provisions for potential contract renewals.

The amendment includes updated pricing for permanent and temporary placards with specific quantity-based price adjustments. Permanent placards ranging from 80,000 to 82,260 will increase from $22,000 to $22,190, while temporary placards will see price changes across different quantities. Two new reorder points are established for 1,000 permanent placards at $825.00 and 2,500 at a cost of $1,305.00. The contract is being renewed for one additional year, extending the expiration date to February 28, 2025, with all other original contract terms remaining in effect. The amendment allows for potential price adjustments based on manufacturer's official notices and maintains provisions for discounts and tax exemptions.