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Awarded contract·Bergen County, NJ·New Jersey

Licensed Electrical Contractor Services

Won by Vanore Electric Inc$375kSingle Award
Contract source

Awarded vendors

  • Vanore Electric Inc

Description

This contract is for licensed electrical contractor services, with a term of 12 months commencing on May 15, 2025, and ending on May 14, 2026. The contract has the option to be renewed for an additional 12 months. The vendor, Vanore Electric Inc, will provide electrical services to Bergen County, NJ. The contract includes labor rates for different types of work, including regular work days, non-shift work, and emergency services. The contract also includes a markup of 10% on materials. • Labor rates are specified for different types of work, including regular work days, non-shift work, and emergency services. • The contract includes a markup of 10% on materials. • The vendor is required to provide emergency services, with a fee of $0.00. • The contract has the option to be renewed for an additional 12 months.

Attached files

Key dates

Starts
5/15/2025
Ends
5/14/2026Renews
Duration
1 year

Last updated

Details

Award type
Single Award
Industry
Construction
NAICS
238210
Solicitation №
222898

Contract value

$375,000

Based on the provided labor rates and assuming an average of 2,000 hours of work per year, the total contract value can be estimated as follows: Foreman: 1,000 hours/year * $143.50/hour = $143,500/year Journeyman: 500 hours/year * $122.65/hour = $61,325/year Apprentice: 500 hours/year * $61.33/hour = $30,665/year Total labor cost: $235,490/year With a 10% markup on materials, the total contract value can be estimated at around $250,000 to $500,000 per year, depending on the amount of materials used. Given the contract term of 1 year, the total contract value is estimated to be around $250,000 to $500,000.

AI estimate from the award documents

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