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  5. ›Property Registration Champions Agreement

Awarded contract·City of Edgewater, Florida·Florida

Property Registration Champions Agreement

Won by Property Registration Champions, LLC$500kSingle Award
Contract source

Awarded vendors

  • Property Registration Champions, LLC

Description

The City of Edgewater, Florida has entered into an agreement with Property Registration Champions, LLC to provide services related to property registration and maintenance. The agreement aims to address the issue of neglected lawns and exterior maintenance of structures in the city, particularly in properties that are in foreclosure or have been foreclosed upon. The vendor will provide a website for the registration of properties and will charge a fee to registering parties. The city will receive a portion of the collected fees, and the vendor will retain a percentage of the fees. The agreement outlines the responsibilities of both parties, including the vendor's obligations to maintain records and provide reports to the city. The agreement also establishes a process for terminating the contract and outlines the procedures for resolving disputes. The key aspects of the agreement include the registration of properties, the payment of fees, and the maintenance of properties. The agreement is effective for a period of two years, with the option to renew for three additional one-year terms.

Attached files

Key dates

Starts
7/12/2021
Ends
7/11/2023
Duration
2 years

Last updated

Details

Award type
Single Award
Industry
Real Estate
NAICS
531110
Solicitation №
ORD 2021-O-29

Contract value

$500,000

The contract value is estimated to be around $100,000 to $500,000 per year, based on the registration fees and the number of properties that will be registered. The contract duration is 2 years, with the option to renew for 3 additional 1-year terms. The total contract value is estimated to be around $200,000 to $1,500,000. The factors that influence the contract value include the number of properties that will be registered, the registration fees, and the duration of the contract.

AI estimate from the award documents

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