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  5. ›Beverage Vending Services and Pouring Rights

Awarded contract·College of Charleston, Procurement & Supply Services·South Carolina

Beverage Vending Services and Pouring Rights

Won by Coca Cola Consolidated Inc.$977kSingle Award
Contract source

Awarded vendors

  • Coca Cola Consolidated Inc.

Description

The College of Charleston, Procurement & Supply Services department, has awarded a contract for Beverage Vending Services and Pouring Rights to Coca Cola Consolidated Inc. The contract has an initial term of 5 years, with a maximum term of 7 years. The estimated evaluated amount is $976,500, and the contract includes annual guaranteed vending commission, percent commission of gross receipts for canned and bottled beverages, and other terms and conditions. The contract was awarded through a Request for Proposal (RFP) process, and the vendor was selected based on their proposal. Key aspects of the contract include: • Annual guaranteed vending commission • Percent commission of gross receipts for canned and bottled beverages • Initial contract term of 5 years, with a maximum term of 7 years • Estimated evaluated amount of $976,500 • Contract awarded through a Request for Proposal (RFP) process

Attached files

Key dates

Starts
8/15/2024
Ends
8/14/2029Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Food and Beverage Services
NAICS
722110
Solicitation №
2024-SDM-000000219-RFP-T7

Contract value

$976,500

The contract's estimated evaluated amount is $976,500, which is the total revenue and credits expected to be generated over the 7-year term. This amount is likely based on the vendor's proposal and the college's estimated usage of the vending services. The value of the contract may be influenced by factors such as the number of vending machines, the types of beverages offered, and the commission rates.

AI estimate from the award documents

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