DOCUMENT

IFB - Fire Hydrants 2009

  • YEAR CREATED: 2009
  • ENTITY TYPE: City/Township
  • TYPE OF DOCUMENT: OTHER
This document is an Invitation for Bid (IFB) for the procurement of fire hydrants (traffic model). The document outlines the terms and conditions for bidders who wish to participate in the bidding process. Some key points mentioned in the document include: - Bidders must notify the participating jurisdictions of the availability of the contract. - Prices should be stated in the specified units of quantity, and no additional charges should be passed to the City. - Mistakes in pricing can be crossed out and corrected, but must be initialed and dated. - The time of proposed delivery must be clearly stated. - Samples, if requested, must be provided free of expense and may be returned at the bidder's risk and expense. - The use of specific manufacturer names or brands does not restrict bidders to those options, as long as the proposed commodity meets the specified requirements. - Bids on alternate commodities will be considered if they serve the best interests of the City. - Equipment delivered must be new, unused, and the latest model, unless otherwise specified. - The bidder must comply with all federal, state, and local laws, ordinances, and regulations. - The bidder must be registered with the Virginia State Corporation Commission before transacting business in Virginia. - Contractors performing construction work must have the appropriate licenses based on the value of the contract. - Payment terms are typically "2%-20, Net 30 days," but alternate terms may be offered by the bidder. - Late payment charges should not exceed the allowable rate specified by the Commonwealth of Virginia Prompt Payment Act (1% per month). Overall, the document provides the necessary information and guidelines for bidders to submit their bids for the fire hydrant procurement project, including details on pricing, delivery, compliance with regulations, and payment terms. The inclusion of the allowable late payment rate as specified by the Commonwealth of Virginia Prompt Payment Act ensures fair and transparent payment practices.
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