NOTICE_OF_AWARD.pdf

This is a Notice of Award issued by the City of Orange Beach, Alabama for a municipal commercial credit card and expense management services contract. The award notification informs the selected financial institution that it has been awarded the contract and establishes the procedural requirements for contract execution and implementation. The contractor must deliver to the City two original fully executed and signed contracts, one original Performance Bond, one original Labor and Material Bond, and one Certificate of Insurance within ten (10) days of the Notice of Award date. Additionally, the contractor must provide one copy each of an Alabama General Contractors License and Orange Beach Business License. Within ten (10) days after the City receives these documents, it will return one fully signed original contract to the contractor. A preconstruction conference will be scheduled, at which time the contractor must submit its proposed work schedule. Failure to deliver the required documentation and insurance certificate within the specified timeframe will result in the City declaring the bid abandoned, annulling the Notice of Award, and forfeiting the Bid Bond.

The Notice of Award does not contain specific pricing terms, funding amounts, or contract duration information. The procurement seeks a financial institution capable of providing comprehensive commercial credit card services including competitive rebate terms, online account management, electronic receipt and expense management, and reporting capabilities to improve the City's purchasing efficiency and administrative controls. The selected vendor is responsible for contact with the City's Finance Department, specifically Bill Fetner at (251) 981-6783, regarding business licensing requirements. The City reserves the right to annul the award and declare the Bid Bond forfeited if contractual obligations are not met within established timeframes.