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6.E. - Page 36 of 50 <br />The Contractor acknowledges that by submitting a proposal, the Contractor's proposed pricing is <br />bound for 90 days after the Proposal Submittal Deadline. <br />SECTION VII. TERMS AND CONDITIONS <br />A. City's Standard Terms and Conditions <br />The terms and conditions set forth in Attachment D - Sample General Services Agreement will apply <br />to any contract resulting from this RFP. <br />B. Pricing <br />Pricing shall remain firm throughout the first term of the contract. At the end of the initial contract <br />term and each contract anniversary date thereafter for the duration of the contract, prices may, <br />upon Contractor or City request, be increased or decreased. Any price increases will be tied to the <br />Consumer Price Index (CPI) and approved at the discretion of the City. If accepted, the price <br />increase will remain firm throughout the subsequent term. In the event prices are reduced, the <br />reduced price shall apply to all subsequent purchases following the date of the price decrease <br />through to the following contract anniversary date. The Contractor shall submit to the City a revised <br />unit price schedule and supporting CPI information for any requested changes. <br />SECTION VIII. CONTRACT AWARD <br />The PWS will recommend to the awarding authority the award of a contract to the lowest responsive <br />and responsible Proposer. Award of contract occurs when a Purchase Order is issued or other evidence <br />of acceptance by the City is provided to the Proposer. A Recommendation of Award does not constitute <br />award of contract. <br />Contract documents will consist of the General Services Agreement, this RFP and all related <br />attachments, the Successful Proposer's written proposal, and a Purchase Order issued by the City's <br />Finance Department. <br />SECTION IX. RIGHTS OF THE CITY <br />This RFP does not commit the City to enter into a contract, nor does it obligate the City to pay for any <br />costs incurred in preparation and submission of proposals or in anticipation of a contract. The City <br />reserves the right to: <br />• Make the selection based on its sole discretion; <br />• Reject any and all proposals; <br />• Issue subsequent Request for Proposals; <br />PUBLIC WORKS SERVICES DEPARTMENT <br />FY 2019-20 RESIDENTIAL AND COMMERCIAL COLD WATER METER PURCHASES RFP <br />(9/13/2019) <br />13 OF 27 <br />127 <br />