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Awarded contract·Texas State Technical College (TSTC)·Texas

Biomedical Equipment and Supplies at TSTC

Won by Summus Industries +2 more$1MMultiple Award
Contract source

Awarded vendors

  • Summus Industries
  • iServe Biomedical LLC
  • Pronk Technologies, Inc

Description

This contract is for the purchase of biomedical equipment testing and simulation devices for the Biomedical Equipment Technology program at Texas State Technical College (TSTC). The contract is an Indefinite Delivery, Indefinite Quantity (IDIQ) contract, which will allow TSTC to procure goods and services on an as-needed basis. The contract has a term of one year, with the option to extend for four more one-year terms. The contract was awarded to three vendors: Summus Industries, iServe Biomedical LLC, and Pronk Technologies, Inc. • The contract includes a Scope of Work that outlines the specific requirements and expectations for the vendors. • The contract has a fixed price for the first year, with any increases in the annual percentage rate during the renewal periods subject to prior approval from TSTC. • The contract includes a non-collusion statement and a requirement for the vendors to submit a signed Execution of Offer. • The contract has a provision for amendments and changes to the Scope of Work. • The contract includes a payment and delivery information section that outlines the preferred payment methods and the requirements for invoicing and delivery.

Attached files

Key dates

Duration
1 year

Last updated

Details

Award type
Multiple Award
Procurement
Indefinite Delivery / Indefinite Quantity (IDIQ)
Industry
Healthcare and Medical Services
NAICS
421450
Solicitation №
286

Contract value

$1,000,000

The value of this contract cannot be determined with certainty, as the contract is an Indefinite Delivery, Indefinite Quantity (IDIQ) contract, which means that the total value of the contract will depend on the actual orders placed by TSTC during the contract term. However, based on the fact that the contract is for the purchase of biomedical equipment testing and simulation devices, it is likely that the total value of the contract will be in the hundreds of thousands or millions of dollars.

AI estimate from the award documents

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