The contract is for the maintenance of elevated and ground water storage tanks in the City of Sebring, Florida. The work includes interior and exterior visual inspections, washouts, and painting of the tanks. The contract covers a period of 10 years, with different tasks scheduled for each year. The bid tabulation sheet provides a detailed breakdown of the prices for each task and the total cost for each year. The contract also includes an option for concrete tanks, with a base fee and annual increases.