Award of Contract 8521Q – Supply and Delivery of PVC Pipe & PVC Fittings

for up to four additional one-year terms, subject to satisfactory performance, continued operational need, and acceptance of renewal pricing. 3. Unit Price Contract: The Contract will be established as a unit price contract, based on the unit prices. Payment will be made only for materials ordered and received by the City and there is no guaranteed minimum purchase. 4. Escalation: Unit prices submitted for the initial tenn shall be firm for the duration of the first year of the Contract. For each renewal term, the Contractor may submit revised pricing no less than thirty (30) days prior to the end of the current term, subject to review and acceptance by the City. The City reserves the right not to extend the Contract where proposed renewal pricing is deemed, in the City's sole opinion, to be unreasonably increased above the initial tenn unit prices. Any approved price adjustments will reflect documented market conditions and are intended to address manufacturer price changes, supply disruptions, currency fluctuations, and tariff impacts, while ensuring continued best value for the City.

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