Procurements Contract with CED_FULLY EXECUTED.pdf

This is a Procurement Agreement between Parker Water and Sanitation District (Buyer) and CED (Seller) for the Badger Gulch Electrical Package, which involves furnishing an electrical switchboard for new groundwater wells and connection pipelines. The project is scheduled with key milestones including shop drawing submission by August 20, 2025, and delivery of acceptable goods to the point of destination by August 10, 2026. The effective date of the contract is June 26, 2025, with the point of destination specified as 12107 Ridgegate Parkway, Lone Tree, CO 80124.

The total procurement contract price is $150,000, which is a lump sum payment for the electrical switchboard. The payment will be structured in three stages: 10% upon receipt and approval of shop drawings, 80% upon delivery of goods to the point of destination, and 10% upon final completion, correction of non-conformities, and submission of final documentation. The contract includes provisions for unit price adjustments based on actual quantities, with the engineer responsible for determining final quantities and classifications. No buyer's contingency allowance is stipulated, and the contract includes comprehensive terms for confidentiality, assignment, and mutual waivers of consequential damages.