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Awarded contract·University of Florida Procurement Services·Florida

Elevator Maintenance

Won by TK Elevator Corp$5MSingle Award
Contract source

Awarded vendors

  • TK Elevator Corp

Description

The University of Florida is seeking proposals from qualified firms to provide maintenance and service of the University’s vertical transportation fleet, which includes traction and hydraulic passenger and freight elevators, dumbwaiters, chairlifts, stage lifts, dock lifts, stair glides, and escalators. The contract term is for an initial period of five (5) years, with an option to renew based on satisfactory performance and the written approval of both parties for up to two (2) additional five (5) year periods. The contract requires the vendor to provide all labor, materials, supplies, tools, supervision, payment and performance bonds (if applicable), insurance coverage, and other related items or conditions. The University reserves the right to reject any or all proposals and to negotiate with any vendor or vendors to arrive at its final decision. • The contract includes a detailed scope of work, which outlines the responsibilities of the vendor and the University. • The vendor is required to provide a maintenance program proposal, which includes a discussion on how the company plans to address the University’s requirements. • The vendor is also required to provide a pricing proposal, which includes a completed Exhibit B. • The contract includes provisions for payment, invoicing, and travel expenses. • The University reserves the right to terminate the contract at any time, with or without cause, and to commence one or more subsequent ITN processes seeking the same or similar products or services covered under this contract.

Attached files

Key dates

Starts
7/23/2024
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
811412
Solicitation №
FY24 -ITN-030

Contract value

$5,000,000

The contract value is not explicitly stated in the document, but based on the scope of work and the fact that the University of Florida is a large institution with a significant number of elevators and other vertical transportation equipment, it is likely that the contract value is substantial. A rough estimate for the contract value could be in the range of $500,000 to $2 million per year, depending on the specific services required and the number of elevators and other equipment to be maintained. Over the five-year term of the contract, the total value could be in the range of $2.5 million to $10 million.

AI estimate from the award documents

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