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Page 6 of 25 <br /> <br /> <br />A. Term <br /> <br />The term shall be for a one (1) year period from the effective date of the contract. The <br />contract may be renewed for up to two (2) consecutive two (2) year periods, at the discretion <br />and approval of the City. The City shall notify the Contractor in writing of the intent to extend <br />the contract. <br /> <br />B. Invoicing <br /> <br />Contractor will submit monthly invoices to: Public Works Services Department, Attn: Public <br />Works Superintendent - Fleet, Facilities, & Custodial, 1400 Broadway, Redwood City, CA <br />94063. <br /> <br />C. Payment <br /> <br />If a contract is awarded, the method of payment to the Successful Bidder shall be on an <br />hourly, time and materials basis, with a maximum “not to exceed” fee as set by the Successful <br />Bidder in the bid or as negotiated between the Successful Bidder and the City. Payment will <br />be made within thirty (30) days of receipt of an accurate invoice. Payment will be made no <br />more frequently than monthly. <br /> <br />D. DIR Registered Contractor <br />The Contractor must be registered with the DIR pursuant to Labor Code §§ 1772.5 and 1771.1, <br />and provide its DIR contractor number in Attachment A – Bid Pricing Form. <br />E. Redwood City Business License <br /> <br />The Successful Bidder must either possess a current, valid Redwood City business license or <br />have submitted a Redwood City business license application and fee at the time of contract <br />award. Business license information (application, ordinance, fees) can be found by navigating <br />to the City of Redwood City homepage (www.redwoodcity.org) and selecting “Business,” <br />“Starting a Business,” “Business Licensing.” <br /> <br />F. Bid Cost <br /> <br />The Contractor must complete, sign and submit Attachment A – Bid Pricing Form with <br />Contractor’s bid. All pricing must be inclusive, and include all labor, material, and equipment <br />necessary for all tasks listed in this Scope of Services. Provision of this information assists the <br />City in determining whether the Bidder understands the project, whether the costs are fair <br />and reasonable in light of the services to be provided, and provides City staff with tools to <br />negotiate the final cost. <br /> <br />8.E. - Page 21 of 41 <br />78