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Awarded contract·City of Orlando Procurement and Contracts Division·Florida

City Wide Vending Services

Won by Canteen (Compass Group)$500kSingle Award
Contract source

Awarded vendors

  • Canteen (Compass Group)

Description

The City of Orlando is seeking a vendor to provide vending services for various City facilities. The selected vendor will be responsible for supplying and maintaining vending machines, stocking them with quality products, and providing excellent customer service to City employees and visitors. The vending services are expected to meet the needs of a diverse population and comply with all relevant regulations and standards. The contract has a term of 3 years, with the option to renew for an additional 4 years. The City is interested in the lowest vend price with a 10% user fee to the City.

Attached files

Key dates

Starts
5/1/2024
Ends
4/30/2027Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Food and Beverage Services
NAICS
454210
Solicitation №
IFB24-0144

Contract value

$500,000

Based on the product pricing list, the total value of the contract can be estimated. Assuming an average monthly sales volume of $10,000 to $20,000, the total annual sales would be around $120,000 to $240,000. With a 10% user fee, the City's annual revenue would be around $12,000 to $24,000. Over the 3-year contract term, the total value of the contract would be around $360,000 to $720,000. However, this is a rough estimate and the actual value of the contract may vary depending on various factors such as sales volume, product pricing, and user fee payments.

AI estimate from the award documents

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