The contract value is explicitly stated as $5,921,097.39, with options to renew for up to four additional years. The total potential value of the contract, including all renewal options, is not explicitly stated. However, based on the language of the contract, it appears that the cost of any renewal term will be equal to the increase in the Consumer Price Index or three percent (3%), whichever is less, over the previous term. Therefore, the total potential value of the contract could be estimated as follows: Year 1: $5,921,097.39 Year 2: $5,921,097.39 x 1.03 = $6,100,000.00 Year 3: $6,100,000.00 x 1.03 = $6,290,000.00 Year 4: $6,290,000.00 x 1.03 = $6,490,700.00 Year 5: $6,490,700.00 x 1.03 = $6,703,710.00 Total potential value: $5,921,097.39 + $6,100,000.00 + $6,290,000.00 + $6,490,700.00 + $6,703,710.00 = $31,105,507.39 Note that this is a rough estimate and the actual total value of the contract may be different.