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Finance Highlights 2007 0925
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Finance Highlights 2007 0925
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10/11/2007 4:23:14 PM
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10/11/2007 4:23:13 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
9/25/2007
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_CC Agenda 2007 1015
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\City Clerk\City Council\Agenda Packets\2007\Packet 2007 1015
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OPTION #3 (50% PRE-PAYMENT) <br />With this option you will realize apre-tax price savings of $24,371.12 PER UNIT from the total <br />proposal amount listed on our August 13, 2007 proposal, our quote number 90813-07. <br />A Two (2) 100' Quantum MD Tillers 806,252.00 1,612,504.00 <br />B Factory Inspection Trips 6,181.00 12,362.00 <br />C Delivery 4,873.00 9,746.00 <br />D Performance Bond 0.00 0.00 <br />E 50% pre-payment discount (24,371.12) (48,742.24) <br />F APPARATUS COST 792,934.88 1,585,869.76 <br />G State sales tax @ 8.25% 69,383.80 138,763.60 <br />H TOTAL PURCHASE PRICE 862,316.68 1,724,633.36 <br />The County of Alameda shall pay 50% of the contract amount which is $862,316.68 at contract <br />signing (or issuance of purchase order). <br />The County of Alameda shall pay 25% of the contract amount which is $431,158.34 at time of <br />factory final inspection at Pierce Manufacturing Inc. (prior to the vehicles departing the facility). <br />The County of Alameda shall pay 25% of the contract amount which is $431,158.34 at time of <br />delivery /acceptance. <br />Option #1 Terms and Conditions: <br />1) Delivery timeframe of 315 calendar days after receipt /acceptance of contract (or purchase <br />order) will not begin until 50°lo pre-payment of $862,316.68 is received by Pierce <br />Manufacturing Inc. <br />2) If 50% pre-payment of $862,316.68 is late and if the customer elects not to have the <br />delivery extended, 112.99 per calendar day will be deducted from the discount. <br />3) Customer signature constitutes agreement with Pierce Manufacturing Inc. terms and <br />conditions. <br />Option #3 Accepted By: Date: <br />
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