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  5. ›FOR A LEASE CONCESSION TO INSTALL AND OPERATE VENDING…

Awarded contract·County of Hawaii·Hawaii

FOR A LEASE CONCESSION TO INSTALL AND OPERATE VENDING MACHINES

Won by Rod & Co.$2MSingle Award
Contract source

Awarded vendors

  • Rod & Co.

Description

The County of Hawaii entered into a 5-year agreement for a lease concession to install and operate vending machines at various locations. The contract was awarded to Rod & Co., who will pay the County $7.68 per case of 24 12-oz. cans and $9.80 per case of 24 20-oz. bottles. The vendor will charge $1.25 per 12-oz. can and $2.25 per 20-oz. bottle. The contract includes the installation and operation of vending machines at various locations in the County of Hawaii. Key aspects of the contract include: • The contract duration is 5 years • The vendor is required to pay the County a certain amount per case of drinks • The vendor is allowed to charge a certain amount per drink • The contract includes the installation and operation of vending machines at various locations

Attached files

Key dates

Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Food and Beverage Services
NAICS
454210
Solicitation №
3041

Contract value

$2,000,000

The contract value can be estimated based on the number of vending machines and the revenue generated per machine. Assuming an average of 100 vending machines, with each machine generating $1000 per month in revenue, the total annual revenue would be $1,200,000. With the vendor paying the County $7.68 per case of 24 12-oz. cans and $9.80 per case of 24 20-oz. bottles, and charging $1.25 per 12-oz. can and $2.25 per 20-oz. bottle, the estimated annual profit for the vendor would be around $300,000 to $500,000. Over the 5-year contract duration, the estimated total contract value would be around $1,500,000 to $2,500,000.

AI estimate from the award documents

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