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Awarded contract·Virginia Commonwealth University (VCU)·Virginia

Audio Visual Products, Services and Maintenance

Won by JMS Group, LLC dba Epitome Networks$2MSingle Award
Contract source

Awarded vendors

  • JMS Group, LLC dba Epitome Networks

Description

This contract is for the provision of audio visual products, services, and maintenance by Epitome Networks to Virginia Commonwealth University. The contract includes a master services agreement, price list, and scope of work. The initial term of the contract is one year, with the option to renew for up to seven additional one-year periods. The contract includes provisions for payment, termination, and dispute resolution. The vendor is required to provide a minimum discount of 20% off the manufacturer's list price for all products, and to offer discounted labor rates for installation, programming, and training. The contract also includes provisions for cooperative procurement, allowing other public bodies and institutions to access the contract.

Attached files

Key dates

Starts
10/21/2023
Ends
10/20/2031Renews
Duration
8 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Information Technology and Software Development
NAICS
423420
Solicitation №
C0002417

Contract value

$2,000,000

Based on the contract, Epitome Networks will offer a minimum discount of 20% off the manufacturer's list price for all products. The contract also includes discounted labor rates for installation, programming, and training. However, the total value of the contract is not explicitly stated. Assuming an average annual spend of $100,000 to $500,000, the total value of the contract over 8 years could be estimated to be between $800,000 and $4,000,000.

AI estimate from the award documents

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