Smith Electric Vehicles
purpose of this ITB is to establish a Price Agreement for the purchase of vehicles by
Authorized Purchasers (as defined in Exhibit A) to cover ALL Smith Electric passenger cars,
light
trucks, cab and chassis trucks, passenger/cargo vans and wagons, police vehicles, sport
utility vehicles, alternative fuel vehicles and all Electric Vehicles currently under
production for Model Year 2011 and that are placed into production by Smith Electric Motor
Corporation in Model Years during the term of the Price Agreement.
All Smith Electric dealerships are invited and encouraged to submit a bid. The State
intends to
award a Price Agreement or Price Agreements to a Smith Electric dealership or dealerships.
This is a
Price Agreement for an initial term of about five years with option to extend for
additional one-year terms not to exceed a cumulative Price Agreement term of ten (10)
years. See Price Agreement Section 2.3.
