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Awarded contract·Department of University Procurement at Eastern Kentucky University·Kentucky

Pipe Insulator Services

Won by Marshall Mechanical Insulation LLC +3 more$100kMultiple Award
Contract source

Awarded vendors

  • Marshall Mechanical Insulation LLC
  • Burns Piping Inc.
  • Lagco Inc.
  • National Environmental Contracting

Description

The contract is for pipe insulator services, including applying, removal, and repair of insulation supports. The services also include application of insulating materials, surface cladding, and coating to pipes, vessels, tanks, ductwork, and associated equipment. The contract has an initial term from the award date through November 30, 2022, and can be renewed for up to four consecutive one-year periods. The contract is a firm-fixed-price contract, and the pricing is based on the submitted hourly rates. The contract requires the vendors to provide extended warranties on their products and to extend pricing to other state universities and university affiliate organizations within the Commonwealth of Kentucky. Some key points to consider are: • The contract has a fixed fee adder chart for materials. • The vendors must provide quotes with detailed breakdowns of labor, materials, and other costs. • The vendors must seek approval for change orders before increasing the NTE limit or proceeding with work. • The contract requires the vendors to provide timesheets and materials lists with itemized costs. • The contract has a payment term of net 30 days. The contract is for a public university, and the procurement process was conducted through a public solicitation. The contract was awarded to four vendors, and the contract term is for one year with the option to renew for up to four consecutive one-year periods.

Attached files

Key dates

Ends
11/30/2022Renews
Duration
1 year

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
236220
Solicitation №
ITB-163-2022

Contract value

$100,000

The contract's dollar amount value is difficult to estimate without more information on the scope of work and the hourly rates submitted by the vendors. However, based on the information provided, it appears that the contract is for a relatively small scope of work, and the hourly rates submitted by the vendors are in the range of $50 to $150 per hour. Assuming an average hourly rate of $100 per hour and an average of 1,000 hours of work per year, the total contract value would be approximately $100,000 per year. With the option to renew for up to four consecutive one-year periods, the total contract value could be up to $500,000.

AI estimate from the award documents

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