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Awarded contract·City of Clermont·Florida

Payment Services

Won by RecTrac, LLC. d/b/a Vermont Systems$100kSingle Award
Contract source

Awarded vendors

  • RecTrac, LLC. d/b/a Vermont Systems

Description

The City of Clermont has awarded a contract for Payment Services to RecTrac, LLC. d/b/a Vermont Systems. The contract is for an ongoing duration, starting from July 23, 2024. The scope of work includes payment card services. Key points to consider include the contract's value, which is not explicitly stated, and the fact that it is a public contract with no claim or protest. • The contract is categorized under Payment Card Services. • The contract has no specified end date. • The contract value is not provided. • The City of Clermont is the awarding agency. • RecTrac, LLC. d/b/a Vermont Systems is the awarded vendor.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Starts
7/23/2024

Last updated

Details

Award type
Single Award
Industry
Financial Services
NAICS
522320
Solicitation №
2024-039

Contract value

$100,000

The contract value is not explicitly stated in the document. However, considering the contract is for payment services, which typically involves a percentage-based fee or a flat rate per transaction, the value could be estimated based on the average annual transaction volume and fees. Without specific information on the transaction volume or fees, it's challenging to provide an accurate estimate. Assuming an average annual transaction volume and a moderate fee structure, a rough estimate for a similar contract could be in the range of $50,000 to $200,000 per year, depending on the scope and scale of the services.

AI estimate from the award documents

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