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  5. ›Asphalt Cold Patching Material (Bag)

Awarded contract·City of Yuma, AZ·Arizona

Asphalt Cold Patching Material (Bag)

Won by Pavement Sealants & Supply, Inc.$4.5MSingle Award
Contract source

Awarded vendors

  • Pavement Sealants & Supply, Inc.

Description

The City of Yuma, AZ has awarded a contract to Pavement Sealants & Supply, Inc. for the supply of asphalt cold patching material (bag). The contract has a duration of 5 years and is valued at $898.50 per 50 lb bag. The vendor will provide high altitude high performance summer and winter mix bagged/prepackaged material. Key points of the contract include: • The contract is for the supply of asphalt cold patching material (bag) for a period of 5 years. • The vendor will provide high altitude high performance summer and winter mix bagged/prepackaged material. • The contract is valued at $898.50 per 50 lb bag. • The City of Yuma, AZ has the option to renew the contract for an additional term upon mutual written agreement.

Attached files

Key dates

Starts
9/1/2023
Ends
8/31/2028Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
423330
Solicitation №
156572

Contract value

$4,492,500

Based on the contract details, the total value of the contract can be estimated as follows: The contract is for the supply of asphalt cold patching material (bag) for a period of 5 years. The vendor will provide high altitude high performance summer and winter mix bagged/prepackaged material. The contract is valued at $898.50 per 50 lb bag. Assuming an average annual quantity of 1000 bags, the total annual value of the contract would be $898.50 x 1000 = $898,500. Over a period of 5 years, the total value of the contract would be $898,500 x 5 = $4,492,500. Therefore, the estimated value of the contract is $4,492,500.

AI estimate from the award documents

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