Elevator Preventative Maintenance and Repair Services

This contract obligates TK Elevator to provide comprehensive preventive‑maintenance and repair services for 52 elevators and 2 wheelchair lifts located throughout the Radford University campus. The vendor must perform routine inspections, lubrication, adjustments, and part replacements on an annual basis, respond to service calls within two hours, and maintain a minimum on‑site technician presence of 16 hours per week. The agreement includes fixed annual fees for each elevator, hourly labor rates for non‑covered repairs, and a 20 % discount on parts not covered by the preventive‑maintenance schedule. The base term runs for two years (Nov 2024 – Oct 2026) with up to three one‑year renewal options. Key points: • Annual preventive‑maintenance revenue ≈ $115 k (total for all elevators). • Labor rates: Mechanic $275/$386 per hour (regular/overtime); Assistant Mechanic $206/$309 per hour. • Strict response‑time (≤ 2 hours) and on‑site staffing (≥ 16 hrs/week) requirements.