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Awarded contract·City of St. Petersburg·Florida

Motor Repair and Rewinding Services

Won by TAW Power Systems, Inc.$1.1MSingle Award
Contract source

Awarded vendors

  • TAW Power Systems, Inc.

Description

The City of St. Petersburg has awarded a contract to TAW Power Systems, Inc. for motor repair and rewinding services. The contract has a term of three years, with the option to renew for an additional three years. The vendor will provide services including inspection, repair, rewind, recondition, and remanufacture of electric motors. The City will pay the vendor based on a fixed price schedule, with a maximum annual price of $1,000,000. The contract includes provisions for payment, invoicing, and termination. The vendor must also maintain certain insurance policies and comply with all applicable laws and regulations. Key points to consider when evaluating the similarity of this contract to others include the scope of work, pricing structure, and contract terms. • The contract has a fixed price schedule with a maximum annual price of $1,000,000. • The vendor must maintain certain insurance policies, including commercial general liability and workers' compensation insurance. • The contract includes provisions for payment, invoicing, and termination. • The vendor must comply with all applicable laws and regulations, including those related to public records and environmental protection. • The contract has a term of three years, with the option to renew for an additional three years.

Attached files

Key dates

Starts
11/12/2024
Ends
11/11/2027Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
811310
Solicitation №
IFB- 24 – 204

Contract value

$1,063,162

Based on the contract document, the estimated value of the contract is $1,063,162.00, which is the total price listed in the cost proposal. This estimate is based on the fixed price schedule and the maximum annual price of $1,000,000. Factors that may influence the likely contract value include the scope of work, the number of motors to be repaired and maintained, and the cost of materials and labor.

AI estimate from the award documents

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