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Awarded contract·Pinellas County·Florida

Diversity Management Software - B2GNow

Won by AskReply Inc DBA B2Gnow$192kSingle Award
Contract source

Awarded vendors

  • AskReply Inc DBA B2Gnow

Description

The contract is for the provision of a diversity management software system, specifically the B2Gnow Diversity Management System, to Pinellas County. The system is designed to enhance the county's Small Business Enterprise (SBE) Program by building a diversified supplier vendor database, including Women and Minority Business Enterprise (WMBE) programs. The contract has a term of 11 years, with an initial expenditure of $28,645, and includes a one-time set-up cost of $18,530 and annual support and service costs of $10,115. The contract may be amended to add additional modules and optional services as needed. Key features of the system include guaranteed compliance with 49 CFR Part 26, implementation at over 50 DBE reporting agencies, and access to a complete nationwide DBE directory. • The system is a proprietary solution developed exclusively by B2Gnow. • The system is hosted exclusively by B2Gnow. • The system has been implemented at over 15 FTA-funded transit agencies. • The system is utilized by both FAA and FHWA to manage agency compliance. • The system minimizes training requirements and guarantees a smooth roll-out. • The system provides access to a complete nationwide DBE directory.

Attached files

Key dates

Starts
6/21/2018
Ends
7/31/2029
Duration
11 years

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Information Technology and Software Development
NAICS
511210
Solicitation №
178-0422-SS

Contract value

$191,964

The contract has an initial expenditure of $28,645, and includes a one-time set-up cost of $18,530 and annual support and service costs of $10,115. The contract term is 11 years, and the annual costs will escalate by a maximum of 3% per year. Based on this information, the total contract value can be estimated as follows: Initial expenditure: $28,645 Annual costs for 11 years: $10,115 x 11 = $111,265 Total contract value: $28,645 + $111,265 = $139,910 However, considering the annual escalation of 3%, the total contract value would be higher. Assuming an average annual escalation of 1.5% (midpoint of 0-3% range), the total contract value can be estimated as follows: Initial expenditure: $28,645 Annual costs for 11 years: $10,115 x (1 + 0.015)^11 = $13,419 Total contract value: $28,645 + $13,419 x 11 = $191,964 Therefore, the estimated total contract value is approximately $191,964.

AI estimate from the award documents

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