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  1. Bid Banana
  2. ›Closed bids
  3. ›Arizona
  4. ›Transportation and Public Transit
  5. ›T21-160-01

Awarded contract·City of Tempe·Arizona

T21-160-01

Won by Professional Towing and Recovery LLC$3.8MSingle Award
Contract source

Awarded vendors

  • Professional Towing and Recovery LLC

Description

The City of Tempe has awarded a contract to Professional Towing and Recovery LLC for private property towing services. The contract has a term of 5 years and is renewable. The vendor will provide towing services to the city, and the contract includes pricing and other terms. The key features of this contract include: • The contract is for private property towing services • The vendor is Professional Towing and Recovery LLC • The contract term is 5 years • The contract is renewable • The contract includes pricing and other terms This contract is relevant to companies that provide towing services, particularly those that specialize in private property towing. The contract's renewable term and pricing terms make it a stable and predictable opportunity for vendors.

Attached files

Key dates

Starts
6/24/2021
Ends
6/23/2026Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Transportation and Public Transit
NAICS
484220
Solicitation №
T21-160-01

Contract value

$3,750,000

The contract value is not explicitly stated, but based on the contract term and the vendor's pricing, it is likely to be a significant amount. The contract term is 5 years, and the vendor will provide towing services to the city, which suggests a high volume of work. Assuming an average annual revenue of $500,000 to $1,000,000 for a towing services contract, the total contract value could be in the range of $2,500,000 to $5,000,000.

AI estimate from the award documents

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