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Awarded contract·City of Port St. Lucie·Florida

Online Ticketing Solution for the Civic Center

Won by Etix, Inc.$4.5MSingle Award
Contract source

Awarded vendors

  • Etix, Inc.

Description

The City of Port St. Lucie has awarded a contract to Etix, Inc. for the provision of an online ticketing solution for the Civic Center. The contract has a term of 9 years, starting from December 1, 2016, and ending on December 1, 2025. The contract includes the provision of web-based and on-site training, equipment, software, and installation for the Event Ticketing Solution. The vendor will provide a turnkey operation for all ticketing needs, including comprehensive general admission ticketing and distribution services through telephone, internet, outlet, mobile devices, kiosks, and box office sales. The contract also includes the provision of a customer service support system, with 24/7 support for patrons and box office administrative-related issues. The City will pay a one-time implementation fee, and the vendor will charge a per-ticket fee, with a maximum service charge of $4.75 per ticket. Some key features of the ticketing solution include: • The ability for multiple users to purchase tickets concurrently through various channels • The ability for City staff to manage event information and access the system from multiple devices • The provision of a system and equipment that can scan tickets at multiple gates in real-time • The provision of reporting capabilities, including financial reconciliation, event attendance, and daily ticket agent activity • The provision of customer service support, including 24/7 support for patrons and box office administrative-related issues • The ability for patrons to opt-out of receiving promotional emails • The ability for the City to capture contact information from abandoned carts to convert sales • The ability for the City to set a maximum capacity for general admission seating and adjust it after tickets are selling

Attached files

Key dates

Starts
12/1/2016
Ends
12/1/2025
Duration
9 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Information Technology and Software Development
NAICS
541511
Solicitation №
20160134

Contract value

$4,500,000

Based on the contract document, the estimated value of the contract can be calculated as follows: The contract includes a one-time implementation fee of $10.00, and the vendor will charge a per-ticket fee, with a maximum service charge of $4.75 per ticket. The contract also includes the provision of equipment, software, and installation for the Event Ticketing Solution, with no additional cost to the City except for shipping. Assuming an average ticket price of $20 and an average service charge of $2.50 per ticket, the estimated annual revenue for the vendor would be: $20 (average ticket price) x 10,000 (average annual ticket sales) x $2.50 (average service charge) = $500,000 Over the 9-year term of the contract, the estimated total revenue for the vendor would be: $500,000 (estimated annual revenue) x 9 (years) = $4,500,000 Therefore, the estimated value of the contract is approximately $4,500,000.

AI estimate from the award documents

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