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Awarded contract·Richmond Public Schools·Virginia

Medical Equipment, Supplies, and Services

Won by Performance Health Supply LLC, DBA Medco Supply Company$500kSingle Award
Contract source

Awarded vendors

  • Performance Health Supply LLC, DBA Medco Supply Company

Description

This contract is for the provision of medical equipment, supplies, and services to Richmond Public Schools and other public entities through the TIPS purchasing cooperative. The contract has a term of two years, with an option to renew for an additional year. The vendor, Performance Health Supply LLC, DBA Medco Supply Company, will provide a range of medical equipment and supplies, including athletic training equipment and first aid supplies. The contract includes provisions for pricing, payment terms, and warranties, as well as requirements for the vendor to provide customer support and training. The contract also includes a provision for the vendor to indemnify and hold harmless the purchasing cooperative and its members against any claims or damages arising from the vendor's performance under the contract. • The contract is for a term of two years, with an option to renew for an additional year. • The vendor will provide a range of medical equipment and supplies, including athletic training equipment and first aid supplies. • The contract includes provisions for pricing, payment terms, and warranties. • The vendor is required to provide customer support and training. • The contract includes a provision for the vendor to indemnify and hold harmless the purchasing cooperative and its members against any claims or damages arising from the vendor's performance under the contract.

Attached files

Key dates

Starts
10/2/2024
Ends
5/31/2026Renews
Duration
2 years

Last updated

Details

Award type
Single Award
Industry
Healthcare and Medical Services
NAICS
423450
Solicitation №
24-0575-B

Contract value

$500,000

The value of this contract is not explicitly stated in the contract document. However, based on the fact that the contract is for a term of two years and includes provisions for pricing and payment terms, it is likely that the value of the contract is significant. The contract also includes a provision for the vendor to pay a TIPS administration fee, which is typically a percentage of the total contract value. Assuming an average annual spend of $100,000 to $500,000, the total contract value could be estimated to be in the range of $200,000 to $1,000,000.

AI estimate from the award documents

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