Buying Services. 4.4.1 Complete the Buying Services for each parcel in accordance with the current RED Manual at the time the Buying Services are performed, the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, (Public Law 91- 646) as amended (The Uniform Act) and the Code of Federal Regulation titled 49 CFR Part 24, and Indiana Law.
4.4.2 The Buying Agent will be a licensed Broker in the State of Indiana and an INDOT qualified Buying Agent.
Buying Services. A. The CONSULTANT shall acquire parcels of real estate for the assigned project. The CONSULTANT shall make every reasonable effort to acquire parcels expeditiously.
B. The CONSULTANT shall make a prompt offer to acquire each parcel for the full amount, which has been established and approved by LPA as just compensation for the acquisition. The offer shall be made in a Uniform Land and Easement Acquisition Offer letter which shall be given to each parcel owner in person or sent by certified mail with return receipt requested. The CONSULTANT shall also provide the parcel owner a copy of the appraisal (the appraisal copy furnished the owner shall only be on light green paper) written statement explaining the basis for the amount, which has been established. In accomplishing the above, the CONSULTANT shall do the following:
1. Make all reasonable efforts to personally contact each owner or his designated representative, explain the acquisition, and offer in writing the approved estimate of just compensation. When all efforts to make personal contact have failed or in the event the property owner resides out of state, the owner may be contacted by certified or registered first class mail or other means appropriate to the situation.
2. No later than the first contact where the offer is discussed, the CONSULTANT shall give the owner a brochure describing the land acquisition process and the owner's rights, privileges and obligations.
C. The owner of improvements located on lands being acquired for right-of- way should be offered the option of retaining those improvements at a retention value determined by the CONSULTANT and approved by LPA.
D. A revised offer and summary statement of just compensation shall be provided the owner if:
1. The extent of the taking is revised, or
2. The approved estimate of just compensation is revised by the Review Buyer.
E. The CONSULTANT shall maintain adequate records to include a report for each parcel containing but not limited to:
1. The date and place of contact,
2. The parties of interest contacted,
3. The offer made,
4. The counter offer or reasons offer was not accepted,
5. The signature of the CONSULTANT, dates, and initialed by the person contacted.
F. The property owner must be given a copy of the report on each contact.
G. The CONSULTANT further agrees that the parcel(s) shall be sufficiently documented to meet the minimum standards set out in Title 49 CFR Part 24, dated March 2, 1989 and all attachments and amendments ...
Buying Services. The Company will provide Odd's-N-End's with buying services listed on SCHEDULE 9 (the "BUYING SERVICES") from the Effective Date until the termination of such services in accordance with Sections 15, 16 and 17 hereof. The Buying Services provided by the Company shall be of a type and at a service level substantially equivalent to that provided to Odd's-N-End's by the Company immediately prior to the Effective Date. Odd's-N-End's shall in consideration of the Buying Services provided by the Company hereunder, pay to the Company the purchase cost of the merchandise delivered plus a 10% fee thereon. Further, Odd's-N-End's shall reimburse the Company for all out-of-pocket freight and shipping costs. The consideration for the Buying Services shall hereinafter be referred to as the "Buying Fee."
Buying Services. The Company will provide Universal with buying services listed on SCHEDULE 9 (the "BUYING SERVICES") from the Effective Date until the termination of such services in accordance with Sections 15, 16 and 17 hereof. The Buying Services provided by the Company shall be of a type and at a service level substantially equivalent to that provided to Universal by the Company immediately prior to the Effective Date. Universal shall in consideration of the Buying Services provided by the Company hereunder, pay to the Company the purchase cost of the merchandise delivered plus a 10% fee thereon. Further, Universal shall reimburse the Company for all out-of-pocket freight and shipping costs. The consideration for the Buying Services shall hereinafter be referred to as the "Buying Fee."
Buying Services
