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  5. ›Discounted Public Transit Passes

Awarded contract·City of Cottonwood·Arizona

Discounted Public Transit Passes

Won by Yavapai Community College District$840kSingle Award
Contract source

Awarded vendors

  • Yavapai Community College District

Description

This contract is for the provision of discounted public transit passes to Yavapai Community College District students and employees. The City of Cottonwood's Cottonwood Area Transit will provide the passes at a 50% discount, with prices ranging from $40 to $100 per pass per semester. The contract has a term of 6 years, with the option to renew for up to 5 additional one-year periods. The contract includes provisions for payment, termination, and indemnification. Key aspects of the contract include: • The contract is a Memorandum of Understanding (MOU) between the City of Cottonwood and Yavapai Community College District. • The MOU outlines the terms and conditions for the provision of discounted public transit passes. • The contract has a term of 6 years, with the option to renew for up to 5 additional one-year periods. • The City of Cottonwood's Cottonwood Area Transit will provide the passes at a 50% discount. • The contract includes provisions for payment, termination, and indemnification.

Attached files

Key dates

Starts
5/5/2020
Ends
5/5/2026Renews
Duration
6 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Education
NAICS
485000
Solicitation №
2020-003

Contract value

$840,000

The contract value can be estimated based on the number of passes sold and the discounted price per pass. Assuming an average price of $70 per pass and 1000 passes sold per semester, the total revenue per semester would be $70,000. Over the 6-year term of the contract, the total revenue would be approximately $840,000. However, this is a rough estimate and the actual contract value may be higher or lower, depending on the actual number of passes sold and the prices paid.

AI estimate from the award documents

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