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Awarded contract·Richmond Public Schools·Virginia

Books, Library, and Educational Materials

Won by Benchmark Education Company LLC$2MSingle Award
Contract source

Awarded vendors

  • Benchmark Education Company LLC

Description

This contract is for the provision of books, library, and educational materials to Richmond Public Schools. The contract is a cooperative agreement between Richmond Public Schools and Benchmark Education Company LLC, with a term of two years and an option to renew for an additional year. The contract includes special terms and conditions, such as compliance with Virginia law, audit requirements, and indemnification provisions. The contract also includes a notice to proceed, which will be issued separately by Richmond Public Schools. Some key points to consider when evaluating the similarity of this contract to other business specialties include the type of materials being provided, the term and renewal options, and the special terms and conditions. • The contract is for a specific type of materials, which may be relevant to companies that specialize in educational materials. • The contract has a term of two years, with an option to renew for an additional year, which may be relevant to companies that have experience with long-term contracts. • The contract includes special terms and conditions, such as compliance with Virginia law and audit requirements, which may be relevant to companies that have experience with government contracts. • The contract includes indemnification provisions, which may be relevant to companies that have experience with risk management. • The contract is a cooperative agreement, which may be relevant to companies that have experience with collaborative partnerships.

Attached files

Key dates

Starts
8/8/2024
Ends
5/31/2026Renews
Duration
2 years

Last updated

Details

Award type
Single Award
Industry
Education
NAICS
611710
Solicitation №
24-0560-B

Contract value

$2,000,000

The contract value is not explicitly stated in the document. However, based on the fact that the contract is for the provision of books, library, and educational materials to a public school system, it is likely that the contract value is in the range of hundreds of thousands to millions of dollars. The contract includes pricing forms, which suggests that the contract value is based on the prices of the materials provided. Assuming an average cost of $100 per book and an estimated 10,000 books per year, the total contract value over two years could be approximately $2 million. However, this is a rough estimate and the actual contract value could be higher or lower, depending on the specific terms and conditions of the contract.

AI estimate from the award documents

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