DOCUMENT

ITB - Fare Boxes 2005

  • YEAR CREATED: 2005
  • ENTITY TYPE: Authority: Transportation
  • TYPE OF DOCUMENT: BID - ITB, IFB, ITT, RFB
The document is a contract for the purchase and installation of a turnkey system for a project called COTPA. The document includes various provisions and requirements related to the contract. Some of the key points mentioned in the document are: 1. Dispute Resolution: If any disputes arise between the parties involved in the contract, they will be resolved through arbitration or in a court of competent jurisdiction. The decision of the designated employee will be final and binding. 2. Performance During Dispute: The proposer is required to continue performing under the contract while any disputes are being resolved, unless directed otherwise by the recipient. 3. Claims for Damages: If either party suffers injury or damage due to the act or omission of the other party, a claim for damages must be made in writing within a reasonable time. 4. Rights and Remedies: The duties, obligations, rights, and remedies imposed by the contract documents are in addition to any other rights and remedies available by law. No action or failure to act by any party will constitute a waiver of any right or duty. 5. Disadvantaged Business Enterprise (DBE): The contract is subject to the requirements of Title 49, Code of Federal Regulations, Part 26, which aims to promote the participation of disadvantaged business enterprises. The proposer must not discriminate based on race, color, national origin, or sex. The proposer must also comply with payment requirements for sub-proposers and make good faith efforts to engage another DBE sub-proposer if needed. 6. Incorporation of Federal Transit Administration (FTA) Terms: The contract incorporates the terms and conditions required by the FTA, and any conflicts between the FTA terms and other provisions in the agreement will be resolved in favor of the FTA terms. 7. Signature Requirements: All bid documents must be signed by the person with legal authority to bind the corporation or firm. No seal and witness signature are required in the “Attest” area. Overall, the document outlines the terms and conditions of the contract, including dispute resolution, payment requirements, compliance with federal regulations, and signature requirements.
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