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  1. Bid Banana
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  5. ›Healthy Snack Vending Machines - District Wide

Awarded contract·Chicago Park District·Illinois

Healthy Snack Vending Machines - District Wide

Won by Compass Group USA, Inc.$390kSingle Award
Contract source

Awarded vendors

  • Compass Group USA, Inc.

Description

The Chicago Park District has awarded a contract to Compass Group USA, Inc. for the provision of healthy snack vending machines throughout the district. The contract requires the vendor to install, maintain, and stock the vending machines with healthy snack options, and to provide regular reports on sales and inventory. The contract also includes provisions for termination, insurance, and indemnification. The term of the contract is three years, with options for two 1-year extensions. * Key aspects of the contract include: * The vendor is responsible for installing, maintaining, and stocking the vending machines * The vendor must provide regular reports on sales and inventory * The contract includes provisions for termination, insurance, and indemnification * The term of the contract is three years, with options for two 1-year extensions * The contract requires the vendor to comply with all applicable laws and regulations * The contract includes a provision for the vendor to indemnify the Chicago Park District against any claims or liabilities arising from the contract

Attached files

Key dates

Starts
4/21/2011
Ends
4/21/2014Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Food and Beverage Services
NAICS
533110
Solicitation №
P-10037

Contract value

$390,000

The value of the contract is not explicitly stated, but it can be estimated based on the commission rate and the expected sales. Assuming an average annual sales revenue of $1 million, the total contract value over three years would be approximately $390,000 (13% of $1 million per year for three years). However, this is a rough estimate and the actual value may vary.

AI estimate from the award documents

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