for carpet for residence halls. The contractor and all subcontractors shall pay the prevailing wage currently in force in this area for all craft trades and workmen employed in the execution of this contract. A list of the current prevailing wages, as published by the Department of Labor, is included in the bid documents. For the duration of the contract for this bid, should the prevailing wage rates be revised by the Department of Labor, the revised rates shall apply to the contract and be the responsibility of the bidder. In the event of a change in the rates, the University will notify the contractor and the subcontractors of the revised rates. In addition, all contractors' bonds must include provisions to guarantee that if the prevailing wage rate is changed during the course of the contract, the revised rates will apply to the bonds.
The University reserves the right to accept or reject any and all bids or parts thereof. Vendor may expect payment thirty to sixty days after receipt of invoice, unless otherwise stated in the bid/RFP documents. Bidding documents may be obtained by contacting the Purchasing Office.
(Submitted by Jackie Thompson, State Purchasing Officer.)