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<br /> 2.2 PRE-BID CONFERENCE
<br /> A Mandatory Pre-Bid Conference is scheduled for the time and location shown in the Notice to
<br /> Bidder, Monday, April 9, 2018 at 11:30 AM. It is mandatory that all Bidders attend the pre-
<br /> bid conference. Failure to attend the mandatory pre-bid conference shall be cause for
<br /> disqualification. No claim of ignorance by the Bidder of conditions that exist,or that may hereinafter
<br /> exist as a result of failure to make the necessary examinations or investigations or failure to fulfill
<br /> in every detail the requirements of the contract documents, will be accepted as basis for varying
<br /> the requirements of the City of Sunny Isles Beach. Oral statements may not be relied upon and
<br /> will not be binding or legally effective. As such an addendum will be issued if any alterations are
<br /> made to the specifications contained herein.
<br /> 2.3 TERM
<br /> This contract will commence upon execution by both parties which shall be the effective date
<br /> succeeding approval of the contract by the City Commission, or designee, unless otherwise
<br /> stipulated in the Notice of Award letter; and contingent upon the completion and submittal of all
<br /> required proposal documents. This contract shall remain in effect for fifteen months (15)
<br /> months; provided that the services rendered by the Bidder during the contract period are
<br /> satisfactory.
<br /> 2.4 OPTIONS TO RENEW
<br /> Prior to, or upon completion of that initial term, the City shall have the option at its sole discretion
<br /> to renew this contract for an additional four (4) one (1) year renewal terms. Prior to completion
<br /> of each exercised contract term, the City may consider an adjustment to price based on changes
<br /> in the following pricing index: Consumer Price Index for Urban Wage Earners and Clerical Workers
<br /> (CPI-W): Miami-Fort Lauderdale, FL.
<br /> It is the Bidder's responsibility to request any pricing adjustment under this provision, which shall
<br /> not exceed 5%. For any adjustment to commence on the first day of any exercised option period,
<br /> the Bidder's request for adjustment shall be submitted no later than ninety (90) days prior to
<br /> expiration of the then current contract term. In no event will the price be increased or decreased
<br /> by a percentage greater than the percentage change reflected in the C.P.I. as published by the
<br /> U.S. Department of Labor. If no adjustment request is received from the Bidder, the City will
<br /> assume that the Bidder has agreed the optional term may be exercised without pricing adjustment.
<br /> Any adjustment request received after the commencement of a new option period may not be
<br /> considered.
<br /> The City reserves the right to negotiate lower pricing for the additional terms) based on market
<br /> research information or other factors that influence price. The City reserves the right to apply any
<br /> reduction in pricing for the additional term(s) based on the downward movement of the applicable
<br /> index.
<br /> The City reserves the right to reject any price adjustments submitted by the Bidder and/or to not
<br /> exercise any otherwise available option period based on the proposed price adjustments. Any
<br /> City of Sunny Isles Beach I ITB 18-03-03 Right-of-Ways and Facilities Landscape Maintenance Services 18
<br /> Lukes' Landscaping, Inc. -71/1(
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