The Hernando County School Board has awarded a contract to Pepsi Beverage Company to provide exclusive beverage vending services to the school district. The contract includes the provision of various Pepsi products, including carbonated and non-carbonated beverages, to be sold through vending machines at school campuses. The contract also includes a commission rate of 40% on vending machine sales, as well as an annual exclusivity premium of $2,000 per school. The contract period is from August 1, 2014 to July 30, 2016, with the option to renew for up to three additional six-month terms.
• The contract includes the provision of various Pepsi products, including carbonated and non-carbonated beverages.
• The contract includes a commission rate of 40% on vending machine sales.
• The contract includes an annual exclusivity premium of $2,000 per school.
• The contract period is from August 1, 2014 to July 30, 2016, with the option to renew for up to three additional six-month terms.