The estimated annual usage for this contract is $40,000.00, and the contract term is for three years with two possible one-year extensions. Based on the pricing schedule provided by the vendors, the total contract value could be estimated as follows: * Biomedical Waste Disposal Inc.: $46,797.51 (year 1), $85,876.73 (year 2), $119,900.95 (year 3) * MediWaste Disposal, LLC: $113,374.37 (year 1), $122,727.76 (year 2), $130,201.88 (year 3) * Med-Waste Systems: $90,170.56 (year 1), $93,777.39 (year 2), $126,409.59 (year 3) * Stericycle, Inc.: $122,298.97 (year 1), $127,190.93 (year 2), $130,201.88 (year 3) The total contract value for each vendor over the three-year term could be estimated as follows: * Biomedical Waste Disposal Inc.: $252,575.19 * MediWaste Disposal, LLC: $366,403.01 * Med-Waste Systems: $343,357.54 * Stericycle, Inc.: $379,691.78 The average total contract value for all vendors is approximately $335,681.88. Therefore, the estimated contract value is around $335,682.