update on existing contract

The Smithsonian Institution is providing notice of its intention to extend a contract for one additional option year for printing and mailing a monthly catalog. The contract is currently held by KODI HOLDINGS, and the institution intends to extend it due to the significant financial impact that a change or break in the monthly publication could have on Smithsonian Associates. The estimated price of the contract extension for one additional year is $700,000. The monthly catalog is mailed to 25,000+ households and features a selection of new programs for the month. The printer must meet mail dates without fail each month, and the current printer has proven to be reliable. • The contract is for printing and mailing a monthly catalog. • The catalog is mailed to 25,000+ households. • The printer must meet mail dates without fail each month. • The estimated price of the contract extension for one additional year is $700,000. • The contract will be re-competed in Fiscal Year 2027.