The contract value can be estimated by calculating the total cost of the equipment, installation, and optional warranties for each vendor. Based on the provided information, the total cost for each vendor is: Pueblo Hotel Supply: $11,335.68 (unit cost) + $3,007.80 (installation cost) + $1,766.88 (optional warranty) = $16,110.36 Douglas Equipment: $11,328.14 (unit cost) + $5,060.00 (installation cost) + $1,636.00 (optional warranty) = $18,024.14 Culinary Depot: $10,243.58 (unit cost) + $2,785.00 (installation cost) + $818.00 (optional warranty) = $13,846.58 Bargreen Ellingson: $10,505.60 (unit cost) + $2,950.00 (installation cost) + $0 (optional warranty) = $13,455.60 Sam Tell & Son, Inc.: $11,900.00 (unit cost) + $2,260.00 (installation cost) + $1,636.00 (optional warranty) = $15,796.00 The average total cost for each vendor is around $15,000. Considering that there are five vendors, the total contract value can be estimated to be around $75,000.