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Awarded contract·Bay County, FL·Florida

Utilities Pickup

Won by Loomis Armored US, Inc$15kSingle Award
Contract source

Awarded vendors

  • Loomis Armored US, Inc

Description

This contract is for utilities pickup services between Bay County, FL and Loomis Armored US, Inc. The services include conjunctive, sequential, on-route pickup and delivery of items at designated locations. The contract has a term of one year, with automatic extensions for successive one-year periods unless terminated by either party with 60 days' written notice. The contract also includes various fees for services such as waiting time, research, excess item handling, holiday service, and excess liability coverage. Key aspects of the contract include: • The contract term and termination notice • The services to be provided, including pickup and delivery of items • The fees for various services, including waiting time and excess liability coverage • The liability coverage for lost, damaged, or destroyed checks • The reconstruction obligations for lost, damaged, or destroyed checks This contract is relevant to businesses that provide utilities pickup services or require such services, and can be used as a reference for similar contracts.

Attached files

Key dates

Starts
11/20/2023
Ends
11/18/2026Renews
Duration
19 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Utilities and Waste Management
NAICS
561612
Solicitation №
HIST-188

Contract value

$15,000

Based on the contract document, the estimated value of the contract can be calculated as follows: The contract has a monthly fee of $389.70 for the services provided. Assuming a one-year term, the total value of the contract would be $389.70 x 12 = $4,676.40. However, the contract also includes various fees for services such as waiting time, research, excess item handling, holiday service, and excess liability coverage. These fees can add up to a significant amount, but without more information, it is difficult to estimate their total value. Therefore, a rough estimate of the contract value would be around $10,000 to $20,000 per year, depending on the frequency and scope of the services provided.

AI estimate from the award documents

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