Agenda - 06-21-1988 - Laserfiche WebLink

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ORIGINAL V NORTH • CAROLINA SERVICE AGREEMENT Orange COUNTY THIS SERVICE AGREEMENT entered into as of the 1st day of July 19 88 , by and bewtween COST CONTAINMENT, INC. a corporation incorporated under the laws of the State of North Carolina with a place of business in Wake County, North Carolina (308-B Sherwee Dr., Post Office 1661, Raleigh, North Carolina 27602), hereafter referred to as Contractor, and Orange County a body corporate and politic, of Orange County, Hillsborough. NC hereafter referred to as County shall be valid for 12 months commencing the effective dates hereof unless terminated pursuant to this agreement. • FOR AND IN CONSIDERATION OF SERVICE PAYMENTS and the mutual covenants and agreements herein set forth, IT IS STIPULATED AND AGREED: 1. SERVICE PAYMENTS: County agrees to pay to Contractor for service: (a) Fifty-five cents ($.55) - per transaction per month. A transaction is the moiling of the correct amount and number of food stamp coupons (hereafter called coupons), correctly addressed and postage prepaid by the Contractor to a designated client of the County, at an address furnished to the Contractor by the State (F.S.I.S.). The address to be in the form of an insert for a window envelope. (b) The cost of postage for each transaction in addition to the transaction fee. Postage cost will be itemized for the County each month. In the event the U.S. Postal Service increases the cost of the 1st Class mailing during the contract period, the increased costs of postage (to the Contractor) shall be borne by the County beginning with the month such increase occurs. All monthly service payments shall be paid to Cost Containment, Inc. P.O. Box 1661, Raleigh, North Carolina 27602. Campensation at the rate set above to represent full and complete compensation for services rendered under the terms of this agree- ment with total cost to the County not to exceed $6600.00 for the 12-month period covered by this agreement. •