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CITY OF NOVI CITY COUNCIL JULY 26, 2021SUBJECT: Approval to purchase 2021 Bobcat 5600 ToolCat from Clark Equipment Company, through the MIDeal Cooperative Purchasing Contract in the amount of $91,382.78.

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How to fill out construction equipment cooperative agreements

01

Identify the parties involved in the agreement.

02

Determine the scope of the agreement, including the type of construction equipment to be shared and the duration of the agreement.

03

Outline the responsibilities of each party, including maintenance, insurance, and any financial obligations.

04

Include provisions for dispute resolution and termination of the agreement.

05

Have all parties review and sign the agreement.

Who needs construction equipment cooperative agreements?

01

Construction companies that want to share equipment with other companies to reduce costs and increase efficiency.

02

Government agencies that need to collaborate with other organizations on construction projects.

03

Non-profit organizations working on community development projects that require construction equipment.

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What is construction equipment cooperative agreements?

Construction equipment cooperative agreements are contracts or agreements between companies to share equipment and resources for a specific construction project.

Who is required to file construction equipment cooperative agreements?

All parties involved in the cooperative agreements, including contractors, subcontractors, and equipment suppliers, are required to file the agreements.

How to fill out construction equipment cooperative agreements?

Construction equipment cooperative agreements should be filled out with detailed information about the parties involved, equipment being shared, duration of cooperation, and any financial terms.

What is the purpose of construction equipment cooperative agreements?

The purpose of construction equipment cooperative agreements is to optimize resource utilization, reduce costs, and improve project efficiency by sharing equipment and resources.

What information must be reported on construction equipment cooperative agreements?

Construction equipment cooperative agreements must include details about the equipment being shared, parties involved, duration of cooperation, and any financial arrangements.

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