Lake County Addendum Forum

Bid #22014 - Purchase of Sand, Gravel, Stone and Spoil Removal Services

Addendum #1

February 8, 2022

Question:  Will the County allow for a price increase after January 1, 2023?

Response:  The following clause has been added to the contract:

Prices for the period through December 31, 2022 shall remain firm/fixed.  Written requests for price revisions may be submitted after January 1, 2023.  Requests must be based upon and include documentation of the actual change in the costs of the components involved in the contract and shall not include overhead and profit.  Changes in the contract price shall be made in the amount of the actual change in Contractor cost or the percentage increase in the U.S. Average Consumer Price Index for the Midwest Urban - per category “All Items,” whichever is less.  Surcharges for fuel and/or other costs shall not be allowed.  Manufacturer and/or Warehouse Distributor's price sheets or an equivalent document showing the new pricing may be considered sufficient documentation for a price increase.  The County reserves the right to reject any price increase and to terminate the contract.