Based on the bid prices listed in the bid opening record section, the total value of the contract can be estimated. Energy Systems' bid prices are $21,800 for the generator, $2,030 for the transfer switch, $7,450 for the day tank eliminator fuel pump system, $2,550 for freight, and $2,450 for start-up and training, totaling $36,280. Ramsay-Bliese Corporation's bid prices are $24,500 for the generator, $3,100 for the transfer switch, $6,250 for the day tank eliminator fuel pump system, $1,600 for freight, totaling $35,450. Assuming the lowest bid is accepted, the estimated value of the contract would be around $35,450.