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  2. Finance Committee - Agenda - 9/4/2019 - P11

Finance Committee - Agenda - 9/4/2019 - P11

By dnadmin on Mon, 11/07/2022 - 13:03
Document Date
Fri, 08/30/2019 - 13:47
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 09/04/2019 - 00:00
Page Number
11
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__090420…

3. Term of Contract. This Contract shall be effective as of the Effective Date
executed and shall terminate five (5) years from the Effective Date or after all five (5)
optional Vans have been purchased and delivered, whichever is later, unless earlier
terminated or extended as provided for herein. Provided, however, that in no event shall the
term of this Contract be for longer than 5 years.

4. Purchase Price for Low Floor Cutaway Vans. The total price of the Low
Floor Cutaway Vans, as further summarized on Exhibit A of this Contract, shall not exceed
$ 123,894 each for Vans, without City's prior written approval.

5. Invoicing and Payment. Seller shall invoice the City for the full price of each
Low Floor Cutaway Van within thirty (30) calendar days following the date of final
acceptance for such Van. For purposes of this Contract, "date of final acceptance" shall
mean the date each Low Floor Cutaway Van is inspected and accepted pursuant to Section
7 of this Contract. No finance charges shall be paid by the City. The City shall pay Seller
within thirty (30) calendar days of receipt of an undisputed invoice or payment will be
made ina reasonable length of time after approval and receipt of funds from FTA or other
funding sources, where applicable. There will be no prepayments or down payments made
on this procurement.

A. Invoicing. Seller’s invoices must include the City’s Purchase Order number,
be billed and payable in U.S. dollars and paid by payment methods agreed to by both the
Seller and City. All requests for payment shall be mailed to: Accounts Payable, City of
Nashua, 229 Main St., Nashua, New Hampshire 03060.

6. Delivery of Goods. Unless otherwise specified in writing by the City, Seller
shall deliver the Low Floor Cutaway Vans to City at City's offices located at 11 Riverside
Street Nashua, New Hampshire with shipping and insurance charges included in the price.
Shipments shall be accepted Monday through Friday, 8:00 AM to 4:00 PM, excluding
holidays. Seller is required to notify the City’s purchasing agent in advance if delivery
cannot be made during these hours.

Delivery must be at a mutually agreed upon time, no later than February 30, 2020.
The Low Floor Cutaway Vans shall be delivered to City by Seller free of any liens and
encumbrances.

7. Inspection and Acceptance. The Low Floor Cutaway Vans shall be received
by City subject to City's reasonable inspection, testing, approval, and acceptance. If the
Low Floor Cutaway Vans are rejected by the City as nonconforming, City may return the
Low Floor Cutaway Vans to Seller at Seller's risk and expense, and the Low Floor
Cutaway Vans shall not be replaced or repaired by Seller without written authorization
from City. If City does not provide written acceptance or a list of deficiencies within the
thirty (30) calendar days following Seller's delivery of the Low Floor Cutaway Vans as
required by Section 6 of this Contract, the Low Floor Cutaway Vans shall be deemed
accepted.

Page Image
Finance Committee - Agenda - 9/4/2019 - P11

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