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PAGE 9 BID NO. OFFEROR: <br />23. PRICE ADJUSTMENTS (TERM CONTRACTS ONLY): Any price changes, downward or upward, which might be permitted <br />during the contract period must be general, either by reason of market change or on the part of the contractor to other customers. <br />a. Notification: Must be given to Cabarrus County, in writing, concerning any proposed price adjustments. Such notification <br />shall be accompanied by copy of manufacturer's official notice or other acceptable evidence that the change is general in <br />nature. <br />b. Decreases: Cabarrus County shall receive full proportionate benefit immediately at any time during the contract period. <br />C. Increases: All prices shall be firm against any increase for 180 days from the effective date of the contract. After this period, a <br />request for increase may be submitted with Cabarrus County reserving the right to accept or reject the increase, or cancel the <br />contract. Such action by Cabarrus County shall occur not later than 15 days after the receipt by Cabarrus County of a properly <br />documented request for price increase. Any increases accepted shall become effective not later than 30 days after the expiration <br />of the original 15 days reserved to evaluate the request for increase. <br />d. Invoices: It is understood and agreed that orders will be shipped at the established contract prices in effect on dates orders are <br />placed. Invoicing at variance with this provision will subject the contract to cancellation. Applicable North Carolina sales tax <br />shall be invoiced as a separate item. <br />24. WARRANTY: The contractor warrants to the owner that all equipment furnished under this specification will be new, of good <br />material and workmanship, and agrees to replace promptly any part or parts which by reason of defective material or workmanship <br />shall fail under normal use, free of negligence or accident, for a minimum period of twelve (12) months from date put in operation. <br />Such replacement shall include all parts, labor and transportation cost to the location where equipment is down, free of any charge to <br />the owner or his representative. <br />EXHIBIT " A 1° <br />Cabarrus County Specs for Full Size Van <br />PRICE QUOTE SHEET FY 2015 - 2016 <br />Full Size Van <br />Regular Wheelbase <br />3.7 V6 Engine <br />2 Wheel Drive <br />Vinyl Bucket Seats <br />6 speed automatic transmission <br />GVWR 8600 <br />Tinted Windows <br />A/C <br />AM /FM Stereo <br />Power Door Locks <br />Power Windows <br />Fixed Rear Door Glass <br />Exterior Color - White <br />or Equivalent <br />QUOTED PRICE $ J 0,301, 3Q <br />QUANTITY: 1 <br />___________------------------------------------------------------------- <br />BIDS ARE SUBJECT TO REJECTION UNLESS SUBMITTED ON THIS FORM Attachment number 2 \n <br />F -10 Page 212 <br />