4.5. SR 01-16-2018 - Laserfiche WebLink

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Any changes to the original specification will be invoiced or credited as a separate transaction from the original proposal. A late fee of .033% of the sale price will be charged per day for overdue payments beginning ten (10) days after the payment is due for the first thirty (30 ) days. The late fee increases to .044% per day until the payment is received. In the event of a Prepayment received after the due date above, the discount will be reduced by same percentages above increasing the cost of the apparatus. In the event this proposal is accepted and a purchase order is issued then cancelled or terminated by the City of Elk River before completion, MacQueen may charge a cancellation fee. The following charge schedule based on costs incurred may be applied: (a) 10% of the Purchase Price after order is accepted and entered by Pierce; (b) 20% of the Purchase Price after completion of the approval drawings; (c) 30% of the Purchase Price upon any material requisition. The cancellation fee may increase accordingly as costs are i ncurred as the order progresses through engineering and into manufacturing. MacQueen endeavors to mitigate any such costs through the sale of such product to another purchaser; however, the customer shall remain liable for the difference between the purch ase price and, if applicable, the sale price obtained by MacQueen upon sale of the product to another purchaser, plus any costs incurred by MacQueen to conduct such sale. In an effort to ensure the above stated terms and conditions are understood and adher ed to, MacQueen requires an authorized individual from the purchasing organization to sign and date this proposal and include it with any purchase order. Upon signing of this proposal, the terms and conditions stated herein will be considered binding and accepted by the City of Elk River. The terms and acceptance of this proposal will be governed by the laws of the state of Minnesota. Venue of any claim regarding this proposal will lie in the county Customer is located. No additional terms or conditions will be binding upon MacQueen unless agreed to in writing and signed by a duly authorized officer of MacQueen. Sincerely,