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Awarded contract·Sourcewell·Virginia

Digital Mailing Systems Postage Meters

Won by Pitney Bowes Inc.$15MSingle Award
Contract source

Awarded vendors

  • Pitney Bowes Inc.

Description

This contract is for digital mailing systems postage meters and related equipment, products, and services. The contract is between Sourcewell and Pitney Bowes Inc. and is effective from March 1, 2022, to February 28, 2027, with an option to extend for one additional year. The contract includes provisions for pricing, payment, and warranty, as well as requirements for insurance, auditing, and termination. The vendor is required to provide equipment, products, and services that meet the needs of Sourcewell's participating entities, which include government entities, educational institutions, and non-profit organizations. Some key features of the contract include: • The contract offers an indefinite quantity of sales, with no guaranteed sales volume. • The vendor is required to provide a current means to validate or authenticate its authorized dealers, distributors, or resellers. • The contract includes a warranty provision, which requires the vendor to warrant that all equipment, products, and services are free from defects in design, materials, and workmanship. • The vendor is required to provide insurance coverage, including workers' compensation, commercial general liability, and umbrella insurance. • The contract includes provisions for auditing and termination, as well as requirements for compliance with applicable laws and regulations.

Attached files

Key dates

Starts
3/1/2022
Ends
2/28/2027Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Information Technology and Software Development
NAICS
333313
Solicitation №
011322-PIT

Contract value

$15,000,000

Based on the contract description, it is difficult to estimate the exact value of the contract. However, the contract is for an indefinite quantity of sales, with no guaranteed sales volume, and the pricing is based on the vendor's proposal. Assuming an average annual sales volume of $1 million to $5 million, the total contract value could be estimated to be around $5 million to $25 million over the 5-year contract period.

AI estimate from the award documents

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