Recycle 15 - 25 tons of scrap brass water meters with hard wired Iron radio transmitters. This partnership will be based off of the following formula to assure a beneficial agreement between both parties. Net weight of materials (in pounds) x market price on the date of the settlement = total sale x Percentage the Contractor(s) will be remitting to the City Ex. 1000 lbs net weight (which is what they pay on) x $2.00 per pound = market price on the day of processing = $2,000.00 total paid from the load x 85% reimbursed to the City = $1,700.00 The successful Contractor(s) will be required to provide all equipment, labor, materials, transporatation and supervision necessary to perform the scope of the services. It will be the Contractor(s) responsibility to provide containers or dumpsters for the disgarded meters and electronics for recycling. Collection of the materials to be recycled are to be collecting monthly or as needed basis. The Contractor(s) will be responsible for any cleanup in and around the the storage containers. All liabilities in performance of this work will be the sole responsibility of the Contractor(s). The Contractor(s) will be required to provide a certificate of insurance with the endorsement pages naming the City as additionally insured prior to the commencement of work. The Contract(s) shall provide detailed settelement reports from the recycling facility that shows the weights and the price per pound with their monthly remittance to the City.