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  5. ›Model Uniform Video Service License Agreement

Awarded contract·Town of Fountain Hills·Arizona

Model Uniform Video Service License Agreement

Won by Cox Communications Arizona, LLC$50MSingle Award
Contract source

Awarded vendors

  • Cox Communications Arizona, LLC

Description

The Model Uniform Video Service License Agreement is a contract between the Town of Fountain Hills and Cox Communications Arizona, LLC, which grants Cox Communications Arizona, LLC a non-exclusive license to provide video services in the Town of Fountain Hills. The contract has a term of 10 years and requires Cox Communications Arizona, LLC to comply with all applicable laws and regulations, including the Licensing Statute. The contract also requires Cox Communications Arizona, LLC to pay a license fee of 5% of its gross revenues. Key aspects of the contract include: • The license granted to Cox Communications Arizona, LLC is non-exclusive, meaning that the Town of Fountain Hills can grant similar licenses to other providers. • The contract requires Cox Communications Arizona, LLC to comply with all applicable laws and regulations, including the Licensing Statute. • The contract requires Cox Communications Arizona, LLC to pay a license fee of 5% of its gross revenues. • The contract has a term of 10 years, after which it may be renewed or terminated. • The contract requires Cox Communications Arizona, LLC to provide video services to at least one subscriber within each service area authorized by the license within 24 months of the date of issuance of the license.

Attached files

Key dates

Starts
1/21/2020
Ends
1/20/2030
Duration
10 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Information Technology and Software Development
NAICS
515210
Solicitation №
2020-081

Contract value

$50,000,000

The value of the contract can be estimated based on the license fee paid by Cox Communications Arizona, LLC, which is 5% of its gross revenues. Assuming an average annual revenue of $100 million, the total value of the contract over the 10-year term would be approximately $50 million. This is a rough estimate and the actual value of the contract may be higher or lower, depending on various factors such as the growth of Cox Communications Arizona, LLC's revenues and the actual costs incurred by the company in providing video services.

AI estimate from the award documents

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