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