The City of Peoria, Arizona, has awarded a contract to Street Market LLC for food truck brokers services. The contract is for a term of 5 years, starting from October 1, 2023, and ending on September 30, 2025, with an option to renew. The contract involves the provision of food truck services for various events in the city, with Street Market LLC responsible for booking and managing the food trucks. The city will pay Street Market LLC a booking fee of 14.4% for all catering orders, with a minimum of $200 per event and a cap of $600 per event. Street Market LLC will also pay the city a profit split of 70% of vendor fees collected for food truck bookings at each cash/carry event. The contract includes provisions for customer service, vendor management, and event production.
• The contract is for a term of 5 years, with an option to renew.
• Street Market LLC will provide food truck services for various events in the city.
• The city will pay Street Market LLC a booking fee of 14.4% for all catering orders.
• Street Market LLC will pay the city a profit split of 70% of vendor fees collected for food truck bookings.
• The contract includes provisions for customer service, vendor management, and event production.