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  5. ›LEASE OF VETERANS RECREATION COMPLEX CONCESSION

Awarded contract·Township of Toms River Purchasing·New Jersey

LEASE OF VETERANS RECREATION COMPLEX CONCESSION

Won by Down the Shore Ice Cream$250kSingle Award
Contract source

Awarded vendors

  • Down the Shore Ice Cream

Description

The Township of Toms River is seeking a vendor to lease the concession at the Veterans Recreation Complex. The contract is for an ongoing term, with a start date of April 1, 2024, and an end date of October 31, 2026. The vendor will be responsible for operating the concession and providing services to the public. The contract was awarded to Down the Shore Ice Cream, a private company that submitted a bid for the concession lease. Key aspects of the contract include the lease term, the vendor's responsibilities, and the contact information for the agency and vendor. • The contract is for an ongoing term, with a start date of April 1, 2024, and an end date of October 31, 2026. • The vendor will be responsible for operating the concession and providing services to the public. • The contract was awarded to Down the Shore Ice Cream, a private company that submitted a bid for the concession lease. • The agency contact person is Jared Tate, the Director of the Recreation department. • The vendor's contact information, including email address, is available.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Starts
4/1/2024
Ends
10/31/2026
Duration
945 days

Last updated

Details

Award type
Single Award
Industry
Food and Beverage Services
NAICS
561215
Solicitation №
BID-2023-120

Contract value

$250,000

The contract value is not explicitly stated in the document. However, based on the contract description, it appears to be a concession lease for a recreation complex. The value of such a contract can vary widely depending on the location, size, and type of concession. A rough estimate for a small to medium-sized concession lease could be in the range of $50,000 to $200,000 per year, depending on the terms of the lease and the vendor's responsibilities. Given the contract term of approximately 2.5 years, a total contract value of $125,000 to $500,000 could be a reasonable estimate.

AI estimate from the award documents

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