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  5. ›Glass Beads

Awarded contract·Commonwealth of Pennsylvania, Department of General Services·Pennsylvania

Glass Beads

Won by Potters Industries, LLC$1.8MSingle Award
Contract source

Awarded vendors

  • Potters Industries, LLC

Description

This contract is for the supply of glass beads for traffic paint, with a minimum of 75 percent true spheres overall, and a coating to enhance moisture resistance, embedment, and adherence with the binder. The contract is for a period of 5 years, with an option for renewal. The supplier is required to deliver the glass beads to any location within the Commonwealth, with a minimum shipment quantity of 40,000 pounds. The contract also includes provisions for price adjustment based on changes in natural gas prices, and for the addition of new line items to the contract. • The contract is for the supply of glass beads for traffic paint. • The glass beads must meet certain specifications, including a minimum of 75 percent true spheres overall. • The contract is for a period of 5 years, with an option for renewal. • The supplier is required to deliver the glass beads to any location within the Commonwealth. • The minimum shipment quantity is 40,000 pounds. • The contract includes provisions for price adjustment based on changes in natural gas prices. • The contract also includes provisions for the addition of new line items to the contract.

Attached files

Key dates

Starts
4/15/2021
Ends
2/28/2024
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Manufacturing
NAICS
327213
Solicitation №
53090

Contract value

$1,800,000

Based on the contract details, the estimated value of the contract is not explicitly stated, but it can be inferred that the contract value is significant given the 5-year term and the minimum shipment quantity of 40,000 pounds. Assuming an average annual shipment of 200,000 pounds (a rough estimate), and an average price of $0.36 per pound (based on the contract details), the total contract value can be estimated to be around $360,000 per year, or $1,800,000 over the 5-year term. However, this is a rough estimate and the actual contract value may be higher or lower.

AI estimate from the award documents

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