PLT-23-8147-B Contract - Signed.pdf

This is a procurement contract (RFB PLT-23-8147-B) between the University of Wisconsin-Platteville, acting under the Board of Regents of the University of Wisconsin System, and Prairie Farms Dairy. The contract was executed on September 21, 2022, following a Request for Bid process initiated on August 24, 2022. The agreement commences on October 1, 2022, and establishes Prairie Farms Dairy as the supplier for fluid milk and dairy products to the university.

The contract covers two lots of products: Lot 1 contains 20 fluid dairy products including various types of milk (whole, low-fat, skim, chocolate flavored) in different package sizes ranging from half-pint cartons to 5-gallon bags, plus heavy cream, sour cream, and cottage cheese. Lot 2 includes two yogurt products (vanilla and assorted flavors). All products are supplied by Prairie Farms (PF brand) with annual estimated usage quantities provided for each item. The contract incorporates Chicago Mercantile Exchange (CMPC) pricing with monthly price adjustments based on Class I and Class II cost changes, with specific formulas for calculating price variations. Base pricing is established from August 2022 CMPC announcements, and the contractor must notify the university of any CMPC format changes that affect monthly pricing calculations.