The intent of these specifications is to obtain an approved panel of Contractors to provide residential home repair, weatherization, lead remediation, and miscellaneous projects for CAC Housing and Energy Services Department on an "as needed" basis for the contract period as desired by the Knoxville- Knox County Community Action Committee (CAC). The award of this Contract will be based on a Best Value procurement. Best Value means more than low cost. It includes the initial cost, service quality, and other factors detailed herein. 3.1.1 As needs arise, members of the panel will be offered the opportunity to quote a project. Final vendor selection will be based on project cost, availability and vendor expertise. Those that are Contracted vendors will be asked to quote the job based on the prices quoted herein. Unless delivery timeframes, expertise or other mitigating factors apply, the job will normally be placed with the approved vendor quoting the least cost to CAC. 3.1.2 Vendors may be asked to work and price jobs in two (2) different ways. First, vendors may be asked to work and charge by the hour. Invoices would simply reflect the number of hours multiplied by the bid rate. Materials would be listed at the contractor’s cost (Invoice required) and the markup applied. Secondly, vendors may be asked to price work by the job. Again, the quote would be based upon the labor rates quoted herein and the materials would have the appropriate markup. However, the vendors will have quoted a “not-to-exceed” price. In this case, the invoice would not itemize the charges. 3.1.3 Selected vendors will serve as general contractors. For instance, if a project involves carpentry, electrical and plumbing work: a) One (1) firm on bid that can provide all three (3) services will be selected to do the job or; b) One (1) firm on bid for each of the crafts will be selected. The three (3) firms will coordinate their work or; c) If a craft is not covered by this bid, vendors for the other crafts will be selected. Either CAC or one of the selected vendors will then contract the additional craft.