HomeMy WebLinkAboutContracts & Agreements_64-2026FAST Solutions
FMI TECHNOLOGY
Government Agreement for FASTVend, FASTVend Lease, FASTBin and FASTStock POD
Customer Name ("Customer"): City of Redlands, CA
Physical Address of FMIT Equipment (US): 1 270 W Park Ave. Building A, Redlands CA, 92373
Terms and conditions of this Agreement shall be applicable to the Fastenal's FAST Solutions FMI Technology ("FMIT
equipment") ordered and installed at this location only.
This Agreement is made by and between the Customer and Fastenal Company ("Fastenal"). This Agreement will replace and
supersede any prior agreements applicable to FMIT equipment (formerly FAST equipment) utilized by the Customer. Customer
hereby grants exclusively to Fastenal the right to install FMIT equipment within Customer's facility pursuant to an Order
Form. FMIT equipment can be ordered at any time with an Order Form unless the Agreement has been terminated before the
order date. Fastenal agrees to be responsible for all standard maintenance and repair of the FMIT equipment, excluding
damage or destruction caused by Customer negligence (however, Customer's liability shall not exceed the Fair Market Value
(FMV) per unit listed in Exhibit A), The FMV represents the value of equipment and technology that Fastenal is investing in
the Customer's business. Fastenal will provide insurance to cover its liability for personal injury or property damage it causes
in connection with the installation, removal, and operation of the FMIT equipment.
t. Term: This Agreement will be effective on the date signed below and will continue until sixty (60) days advance
written notice of termination is received by either party. In the event of termination, Customer shall allow Fastenal
reasonable access to the Customer's premises for FMIT equipment removal.
2. Ownership and Default: Fastenal will maintain full and exclusive ownership of all FMIT equipment and Customer
accepts the FMIT equipment as a bailment. Failure of Customer to comply with the terms of this Agreement or timely
pay invoices will be considered a default and Fastenal has the right to terminate and remove the FMIT equipment from
Customer site, at Fastenal's discretion, with not less than five (5) business days' written notice provided to the Customer
of the default.
3. Equipment: Customer shall provide the physical space required for the FMIT equipment requested via the Order Form.
All FMIT equipment will be stocked with Fastenal distributed products only, unless otherwise approved by Fastenal in
writing. Customer acknowledges that most FMIT equipment is not intended to manage product returned to the machine
unless being utilized to track assets. See Section 8 for additional information. The FMIT equipment is not NFPA rated
and Customer waives any claims against Fastenal pertaining to Customer's decision to stock hazardous materials in the
FMIT equipment.
4. Connectivity: Customer shall timely provide all electrical and intemet connections (ethernet, wireless bridge or
customer supplied arcard) required for operation at no cost to Fastenal. Only if these options have been exhausted, a
Fastenal supplied Aircard can be used to establish an intemet connection for the FMIT equipment. If a Fastenal Aircard
is used, the Customer will be subject to the Cellular Connection Fee referenced in Exhibit A. Customer agrees that
Fastenal will not be responsible or liable for any delays, interruptions, defaults or outages with the Aircard intemet
connection. The Aircard connection must be utilized only in connection with the FMIT equipment and Fastenal will not
be responsible or liable for any unauthorized use of the Aircard connection by Customer.
5. Assignment: Customer may not assign, remove or attempt to sell or transfer any FMIT equipment to another party or
property, without Fastenal's written permission.
6. Asset Investment: Fastenal agrees to place FMIT equipment within the Customer's facility up to, but not exceeding,
the volume of Customer's overall purchases of products from Fastenal at the location of the FMIT equipment. After 6
months of installation, if any applicable Monthly Target Volume (MTV) is not met, Fastenal reserves the right to
remove FMIT equipment or to realign the FMIT equipment value with the current sales volume of the location with the
FMIT equipment. The MTV represents the ideal transaction volume associated with the capacity of the device and
asset investment made. Also reflected in Exhibit A is the Monthly Program Value (MPV). The MPV is the value
USA—GOV 24.01 Pagel of3
Fastenal believes we are removing from the Customer's working capital expense by removing their need to commit to a
multi -year investment acquiring, maintaining, and modifying hardware.
7. FMIT Program Fees: Customer will pay Fastenal the fees listed in Exhibit A for each piece of FMIT equipment
installed at the customer if applicable. These Fees are applicable to any current or future FMIT equipment installed at
the Customer pursuant to an Order Form, unless the Agreement has been terminated. Any applicable fees referenced
within this Agreement and Exhibits will be invoiced on the first day of the month following the FMIT equipment
installation and monthly thereafter. All FMIT Program Fees will be invoiced in local currency and are non-refundable.
8. Locker Lease: Select FMIT equipment (lockers) have the ability for Customer to track assets through a check in/out
system. If utilized in this manner, a Locker Lease Order Form must be completed, and these lockers will be assessed a
Locker Lease Fee as shown in Exhibit A and on the Locker Lease Order Form. The control board that operates
these lockers is subject to the Software Fee as referenced in Exhibit A. FMIT equipment identified as Sensor Lockers
are dispense only, check in/out system is not an option on these units.
9. Products Terms: All Fastenal distributed products within the FMIT equipment will be non -consigned and will be
subject to Fastenal's "Terms of Purchase" that are posted on its website at www.fastenal.com, unless otherwise agreed
to by the parties. Product pricing will be in accordance with the applicable Government contract for the Customer.
10. Customer will be subject to the terms of the `End -User License Agreement' when using the FMIT equipment.
Fastenal will not be responsible or liable for any loss, damage, expense or claim incurred by Customer arising out of
the Customer's use of the FMIT equipment. Fastenal's maximum liability and Customer's sole remedy will be the
refund of the Fees paid by Customer during any prior twelve month period under this agreement. This agreement
shall be binding upon the parties hereto, their heirs, personal representatives, administrators, successors and assigns.
This agreement will be governed and interpreted under the laws of the State of California. Parties certify authority to
enter into this agreement.
Z
Customer Signatu Fastenal Sigma ture
Printed Name MAR10 tSAIACUO PrintedNameMlchael De La Torrel
Title_ M y1DK TitleGeneral Manager
Date 57 7 5 'Z Date4/29/2026
Fastenal Servicing BranchCASAB
All 3 pages of this Agreement must be submitted to rastsulutions.i rwments a titslenal corn in order for the Agreement to be valid.
USA_GOV_24.01 Page 2 of
EXHIBIT A for Customer Name ("Customer"): City of Redlands, CA Branch Code CASAB
All fees are listed as monthly below. See Section 7 of the Agreement for the billing frequency.
FMIT Equipment Type
FAST 3000
Fair
Market
Value
USD
$6,250
Monthly
Target
Volume
USD
$1,000
Monthly
Program
Value
USD
$240
Monthly
Software
Fee USD
GOVWaived
Monthly
Cellular
Connection
Fee USD
$10
One -Time
Installation
Fee/ea
USD
Monthly
Locker
Lease
Fee
USD
FAST 5000
$8,000
$2,000
$300
GOVWaived
$10
Stand Alone Controller
$1,000
$75
$40
GOVWaived
$10
2 Door Vertical Locker
$6,250
$1,500
$240
$240
2 Door Horizontal Locker
$6,250
$1,500
$240
$240
4 Door Locker
$7,500
$1,500
$290
$290
18 Door Locker
$5,750
$1,500
$225
$225
27 Door Locker
$7,500
$1,800
$300
$300
36 Door Locker
$9,500
$2,100
$375
$375
FAST 10000 Sin le Door Cabinet
FAST 10000 Drawer Only 7 Drawer)
$15,000
$17,500
$2,500
$3,000
$600
$700
GOVWaived
GOVWaived
$10
$10
FAST 10000 9 Drawer
18 Door Sensor Locker
$23,500
$14,500
$4,200
$2,500
$900
$550
GOVWaived
GOVWaived
$10
$10
24 Door Sensor Locker
$17,000
$2,700
$650
GOVWaived
$10
27 Door Sensor Locker
$18,500
$3,000
$700
GOVWaived
$10
Outdoor Locker 7 Door
$8,600
$750
$325
GOVWaived
$10
5KChill
$8,800
$1,800
$330
GOVWaived
$10
FASTBin Controller
GOVWaived
$10
FASTBin RFID
$3,800
$2,000
$150
$3
FASTBin IR
$75
S40
S3
$3
FASTBin Click
$35
$20
$2
$3
FASTPOD 20 - Basic
$7,000
$1,500
$250
FASTPOD 20 - Deluxe
$20,000
$5,000
$750
FASTPOD 40 - Basic
$8,500
$2,000
$300
FASTPOD 40 - Deluxe
$30,000
$7,500
$1,000
Product Locator
$750
$0
$75
This reflects the current FMiT equipment as of the Agreement date. in the event new FM1T Equipment is offered by Fostenal,
an updated Exhibit must be signed for the customer to request the new FM1T Equipment via an order form.
Acicnowl gement that this Exhibit has been reviewed and is acceptable. Initial below.
Custo r Date Fastenal ��. DateV 1 2 13 z
MAYA H*10 :5i VfFDO
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