Vendor Disclosure Statement Clause Samples
A Vendor Disclosure Statement is a clause that requires the seller (vendor) to provide the buyer with specific information about the property or goods being sold. Typically, this statement outlines any known defects, encumbrances, or other material facts that could affect the buyer's decision or the value of the transaction. By mandating transparency from the vendor, this clause helps ensure that buyers are fully informed before completing a purchase, thereby reducing the risk of disputes or claims of misrepresentation after the sale.
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Vendor Disclosure Statement. In compliance with the policies of The Board of Trustees of the University of Alabama, The University of Alabama System Office, this University, and with Alabama state law, this Disclosure Statement shall be completed on a per contract basis for all contracts, including but not limited to proposals, bids, and contracts, including consulting/professional service contracts unless otherwise exempted (“Agreements”). The Board of Trustees of The University of Alabama reserves the right to refuse to enter into or to cancel, without penalty, any contract or agreement with any entity or individual who does not provide all of the information requested below, or who makes false or incomplete disclosures.
Vendor Disclosure Statement. It is understood that Act 2001-955 requires the disclosure statement to be completed and filed with all proposals, bids, contracts, or grant proposals to the State of Alabama in excess of $5,000. In circumstances where a contract is awarded by competitive bid, the disclosure statement shall be required only from the person receiving the contract and shall be submitted within ten (10) days of the award. It is understood that upon being awarded the contract, Alabama State Law requires us to complete a Vendor Disclosure Statement. The completed forms will be returned to the Joint Purchase Agreement Administrator by Thursday, February 28th, 2019. It is understood and agreed upon that HT, for the duration of the agreement, will not violate federal immigration law or knowingly employ, hire for employment, or continue to employ an unauthorized alien within the State of Alabama in compliance with the ▇▇▇▇▇▇-▇▇▇▇▇▇ Alabama Taxpayer & Citizen Protection Act (Act 2011-535). Upon being awarded the contract, Alabama State Law requires that we must complete the Business Entity Employer Contractor Compliance form as proof that we have enrolled in the E-verify program as required by state law. It is understood and agreed upon that the terms and commitments contained within the RFB shall not constitute a debt of the State of Alabama in violation of Section 213 of the Constitution of Alabama of 1901, as amended by Amendment Number 26. If any provision of the agreement shall contravene any statue or constitutional provision, either now in effect or which may be enacted during the term of this agreement, then the conflicting provision of this agreement shall be deemed null and void. We understand and acknowledge and agree that its sole and exclusive remedy for any claim which may arise for or relate to this agreement is to file a claim with the Board of Adjustment of the State of Alabama. We will comply with all requirements. Q1 2019 Contract#: ACCS-2019‐01 Service Category Amount Procuring Entity 1 Category 1 $ 999,999 Category 2 $ 999,999 Category 3 $ 999,999 Category n $ 999,999 $ 3,999,996 Procuring Entity 2 Category 1 $ 999,999 Category 2 $ 999,999 Category 3 $ 999,999 Category n $ 999,999 $ 3,999,996 Procuring Entity 3 Category 1 $ 999,999 Category 2 $ 999,999 Category 3 $ 999,999 Category n $ 999,999 $ 3,999,996 Grand Total $ 11,999,988 Helpdesk Operator $19.72 Network Technician $45.26 Network Installer $38.31 Network Laborer $27.53 Administrative Specialist $21.60 Co...
Vendor Disclosure Statement. TSA has included a current signed and notarized vendor disclosure statement with this bid submission and will provide updated disclosure statement(s) as requested by various entities purchasing through ACCS 2022 01.