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Learn more →This specimen agreement outlines the terms between the Atlantic County Utilities Authority (ACUA) and a Contractor for the furnishing, delivery, and installation of goods or services. It incorporates various bidding documents and specifications, detailing requirements for performance security, insurance, warranties, and compliance with the New Jersey Prevailing Wage Act. The agreement's term is defined as either until the completion of services or one year, whichever is shorter, with provisions for annual funding availability and renewal options. Payment to the Contractor is for a specified sum upon ACUA's formal approval.
Effective Date
Jan 1, 2024
Expires
Effective: Jan 1, 2024
This specimen agreement outlines the terms between the Atlantic County Utilities Authority (ACUA) and a Contractor for the furnishing, delivery, and installation of goods or services. It incorporates various bidding documents and specifications, detailing requirements for performance security, insurance, warranties, and compliance with the New Jersey Prevailing Wage Act. The agreement's term is defined as either until the completion of services or one year, whichever is shorter, with provisions for annual funding availability and renewal options. Payment to the Contractor is for a specified sum upon ACUA's formal approval.
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