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Awarded contract·Cleveland Metroparks·Ohio

High Ropes/Zipline Services (Mill Stream Run Reservations - Chalet)

Won by Adventure Forest LLC$3MSingle Award
Contract source

Awarded vendors

  • Adventure Forest LLC

Description

This contract is for the operation of high ropes/zipline services at The Chalet recreation area in Mill Stream Run Reservation. The vendor, Adventure Forest LLC, will provide the services for a period of 10 years, with the option to extend for an additional 5 years. The contract includes a minimum usage fee and a tiered revenue share, with the potential for additional revenue from expansions or amenities. The contract also includes a capital investment of approximately $935,000. The key aspects of this contract include the provision of high ropes/zipline services, the revenue share model, and the capital investment. • The contract is for a period of 10 years, with the option to extend for an additional 5 years. • The vendor will provide high ropes/zipline services at The Chalet recreation area. • The contract includes a minimum usage fee and a tiered revenue share. • The capital investment is approximately $935,000. • The contract has the potential for additional revenue from expansions or amenities.

Attached files

Key dates

Starts
9/1/2014
Ends
8/31/2025Renews
Duration
10 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Sports and Recreation
NAICS
713910
Solicitation №
5986

Contract value

$3,000,000

Based on the contract, the total value is estimated to be at least $1,127,500 (minimum usage fee) + $935,000 (capital investment) = $2,062,500. However, this amount does not include the potential revenue from the tiered revenue share model, which could increase the total value of the contract. Therefore, a more comprehensive estimate would be in the range of $2,500,000 to $5,000,000, considering the contract term and potential revenue.

AI estimate from the award documents

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