This contract is between Sourcewell and W.W. Grainger, Inc. for the provision of facility maintenance, repair, and operations (MRO) supplies and equipment. The contract has a term of four years, with the option to extend for up to two additional years. The contract includes a wide range of products, such as fasteners, hardware, and raw materials, as well as building and ground maintenance supplies. The vendor is required to provide pricing quotes that reflect the total cost of acquisition, including any additional freight costs. The contract also includes provisions for warranty, shipping, and returns.
Some key points of this contract include:
• The contract is for an indefinite quantity of sales, with substantial volume anticipated but not guaranteed.
• The vendor must provide equipment, products, and services that are new and of the current model, unless otherwise agreed to by the participating entities.
• The vendor is responsible for familiarizing its sales and service forces with Sourcewell contract use eligibility requirements and documentation.
• The contract includes a provision for an administrative fee, which the vendor must pay to Sourcewell on all equipment, products, and services provided to participating entities.
• The vendor is required to provide a contract sales activity report to Sourcewell on a quarterly basis, which must include certain information such as the participating entity name, address, and contact information.
• The contract includes provisions for governing law, jurisdiction, and venue, as well as a force majeure clause.
• The vendor is required to maintain insurance policies with certain minimum limits and to comply with all applicable laws and regulations.
• The contract includes a provision for termination, which can be initiated by either party with written notice.
• The vendor is required to indemnify and hold harmless Sourcewell and its participating entities from any claims or causes of action arising out of the vendor's performance under the contract.