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Page 2 of 4OTIS SERVICE AND REPAIR ORDERPRICE <br />$13,485.86 <br />Thirteen thousand four hundred eighty-five and 86/100 dollars <br />This price is based on a one hundred percent (100%) downpayment in the amount of $13,485.86. <br />PAYMENT TERMS: <br />•The base proposal price is contingent upon receiving a downpayment of one hundred percent (100%) <br />of the base contract amount. <br />•The downpayment amount is due in full prior to Otis ordering material and/or mobilizing. <br />•If you choose the alternative downpayment amount listed below, the corresponding adjustment shall <br />be applied to the base contract amount. <br />Downpayment Percent Price Adjustment Percentage Authorization (Initial) <br />25%+ 10% <br />75%+ 5% <br />In the event 100% of the contract price is not paid up front, we must be paid the remaining balance no <br />later than the completion of work. Final invoice will be submitted once work is scheduled. <br />This proposal, including the provisions printed on the pages following, shall be a binding contract between <br />you, or the party identified below for whom you are authorized to contract (collectively referred to herein <br />as "you"), and us when accepted by you through execution of this proposal by you and approved by our <br />authorized representative; or by your authorizing us to perform work for the project and our commencing <br />such work. <br />Accepted in Duplicate <br /> Orange County Public Works Otis Elevator Company <br />Date: <br />Signed: <br />Date: <br />Signed: <br />Print Name: Print Name: Lee Morse <br />Title: Title: Director & GM, North Carolina <br />Email: Email: <br />Company Name: Orange County Public Works <br />□Principal, Owner or Authorized Representative of <br />Principal or Owner <br />□Agent __________________________________ <br />(Name of Principal or Owner) <br />DocuSign Envelope ID: 95765338-E617-4762-BDA0-963C99896D54 <br />4/22/2024 <br />AMS Interim Director <br />adorman@orangecountync.gov <br />Alan Dorman <br /> <br />4/25/2024 <br />Lee.Morse@otis.com