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Awarded contract·City of Orlando·Florida

Parking Meter Data Management Services & Back-Office Services

Won by IPS Group, Inc.$5.3MSingle Award
Contract source

Awarded vendors

  • IPS Group, Inc.

Description

The City of Orlando has entered into a contract with IPS Group, Inc. for parking meter data management services and back-office services. The contract includes the supply of a full DMS for all single space parking meters and vehicle detection sensors, as well as service of the DMS system, including routine maintenance. The contract also includes monthly fees for the use and management of IPS single space parking meters with credit card acceptance and the IPS DMS. The key aspects of this contract include: • Supply and service of DMS for single space parking meters and vehicle detection sensors • Monthly fees for the use and management of IPS single space parking meters with credit card acceptance and the IPS DMS • Service of the DMS system, including routine maintenance • Provision of software updates to keep the DMS current and bug-free • Technology support to the parking department when needed The contract has a term of 7 years, with an option to extend for additional one-year increments. The contract also includes provisions for dispute resolution, termination, and indemnification.

Attached files

Key dates

Starts
10/16/2019
Ends
10/15/2026
Duration
7 years

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Information Technology and Software Development
NAICS
511210
Solicitation №
S19-0442

Contract value

$5,275,700

The contract value can be estimated based on the monthly fees for the use and management of IPS single space parking meters with credit card acceptance and the IPS DMS. The contract includes monthly fees of $5.75 per meter/month for single space parking meters, $3.50 per sensor/month for vehicle sensors, $2.75 per sensor/month for real-time communication, and $0.10 per cell transaction for pay by cell data push. Assuming an average of 1000 single space parking meters and 500 vehicle sensors, the total monthly fee would be approximately $5,750 for single space parking meters, $1,750 for vehicle sensors, $1,375 for real-time communication, and $100 for pay by cell data push, for a total of $8,975 per month. Over the 7-year term of the contract, the total contract value would be approximately $755,100 per year, or $5,275,700 over the 7-year term. Additionally, the contract includes a one-time payment for the initial term, which is not specified in the contract. Therefore, the estimated contract value is $5,275,700.

AI estimate from the award documents

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