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  5. ›Elevator Preventative Maintenance and Repair Services

Awarded contract·Radford University·Virginia

Elevator Preventative Maintenance and Repair Services

Won by Rise Elevator Services, LLC$131kAwarded 10/24/2024Single Award
Contract source

Awarded vendors

  • Rise Elevator Services, LLC

Description

This contract provides comprehensive preventive maintenance and repair services for the full complement of elevators and wheelchair lifts across Radford University’s campus. The agreement retains the original scope, rates, and service requirements, ensuring quarterly maintenance visits, emergency response, parts discounts, and detailed reporting. The vendor must maintain licensing, insurance, and safety compliance while supporting university inspections and providing a spare‑parts inventory. The renewal term is one year, with the possibility of up to three additional one‑year extensions. • Scope: Quarterly preventive maintenance, emergency and non‑emergency repairs for 52 elevators and 2 wheelchair lifts. • Financials: Annual price $130,644 (amended schedule) with labor rates $275/$355 hr (mechanic) and $128/$174.83 hr (assistant), plus 10 % parts discount. • Term: 12‑month renewal (Nov 1 2026 – Oct 31 2027) with up to three optional one‑year extensions. • Requirements: Licensing, safety program, insurance, background checks, reporting, and a $1 M spare‑parts inventory.

Attached files

Key dates

Bids closed
7/31/2024
Intent to award
10/24/2024
Awarded
10/24/2024
Contract modified
10/12/2026
Starts
11/1/2026
Ends
10/31/2027Renews
Duration
12 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Custodial and Facilities Services
NAICS
238210
Solicitation №
RU25005 (R24-009)

Contract value

$130,644

The contract’s annual price is listed as $130,644 after the Addendum 01 price correction. Since the renewal term is one year, the total contract value for the renewal period is approximately $130,644. No additional fees or adjustments are noted, and the renewal price cannot exceed CPI or 3.5 % inflation, which would keep the amount in the same range. Hence the best estimate for the contract’s monetary value is roughly $130,000.

AI estimate from the award documents

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