HomeMy WebLinkAbout17- Notice of Award - Caterpillar Tractor and Equipment - 2017 Motor Grader Lease NOTICE OF AWARD
Dated:September 25,2017
TO: Caterpillar Tractor and Equipment
ADDRESS:P.O.Box 2147,Great Falls,MT 59403
PROJECT: Equipment Purchase
CONTRACT FOR:2017 Motor Grader Lease
You are notified that your Bid opened on August 16,2017 for the above Contract and has been considered. You are the
apparent Successful Bidder and have been awarded a Contract for the:2017 Motor Grader Lease. The Lease Contract
Price of your Contract is:Two Hundred Seventy Seven Thousand,Seven Hundred Forty Two dollars and fifteen
cents ($277,742.15). The interest rate is three point nine percent(3.9%)with five(5)annual payments ofTwenty
Nine Thousand,Seven Hundred Fifty Six dollars and forty three cents ($29,756.43)
A copy of each of the proposed Contract Documents accompany this Notice of Award.
You must comply with the following conditions precedent within fifteen(15)days of the date of this Notice of Award,
that is,by October 9"',2017.
1. You must deliver to the OWNER Two (2) fully executed counterparts of the Agreement including all the
Contract Documents and Drawings.
2. You must deliver with the executed Agreement the Contract Security(Bonds)as specified in the Instruction to
Bidders(Article 20),and the General Conditions(paragraph 5.01).
3. List other conditions precedent:
You must deliver with the executed Agreement the Certificates of Insurance as specified in the General
Conditions(Article 5)and Supplementary Conditions(paragraphs SC-5.04 and SC-5.06).
Failure to comply with these conditions within the time specified will entitle OWNER to consideryour Bid abandoned,to
annul this Notice of Award,and to declare your Bid Security forfeited.
Within ten(10)days after you comply with these conditions,OWNER will return to you two fully signed counterpart of
the Agreement with the Contract Documents attached.
CITY F BOZEMAN,MONTANA ATTEST:
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BY: I BY:
ITY MANAGER) (CITY CLERIC)
DATE: ���'.• 1883 •••$
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