The City of Pittsburgh awarded a contract to Siemens Industry for the inspection and maintenance of fire protection systems. The contract includes the inspection and testing of fire alarm systems, smoke detectors, and sprinkler systems, as well as the repair and replacement of defective equipment. The contract has a term of one year, with two one-year options to renew. The contract value is estimated to be around $583,000. The key information to help the client decide how similar this contract is to their own business specialties includes the scope of work, the contract term, and the estimated contract value.