Elevator Maintenance

This contract provides ongoing elevator‑maintenance services for the Towson University campus, covering more than 70 elevator units across administrative, residential, athletic, and other facilities. The university awarded the contract to KONE Inc, which will receive a fixed monthly fee for preventive maintenance, repairs, and associated labor rates as detailed in the cost spreadsheet. The spreadsheet shows a total monthly cost for KONE of $48,800, which extrapolates to roughly $585,600 annually. • Scope: Monthly preventive maintenance for a diverse fleet of elevators (hydro‑basement, traction‑overhead, screw, dumbwaiter, freight, etc.) across multiple campus buildings. • Financials: Fixed monthly rate of $48,800 for KONE (≈ $585,600 per year); labor‑rate tables and material‑handling percentages are also included. • Vendor: Sole‑source award to KONE Inc, a major elevator OEM, indicating the university’s preference for OEM‑authorized service. • No dates for contract start, end, or renewal periods are provided; only the award date (July 1 2024) is known. • No agency or vendor contact details appear in the documents, so further outreach will be required for clarification.