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Awarded contract·City of Port St. Lucie·Florida

Supplies & Equipment, Electrical (Palm Beach County Term Contract #21-001/MB)

Won by K&M Electric Supply, Inc.$1MSingle Award
Contract source

Awarded vendors

  • K&M Electric Supply, Inc.

Description

The City of Port St. Lucie has entered into a contract with K&M Electric Supply, Inc. for the provision of electrical supplies and equipment. The contract is a piggyback agreement, which means that the City is utilizing a contract that was originally established by Palm Beach County. The contract has a term of approximately 3 years, from November 15, 2022, to December 31, 2025. The contract includes provisions for insurance, indemnification, and termination. The City has the right to terminate the contract at any time with or without cause, and the contractor is required to maintain certain insurance coverages, including workers' compensation, commercial general liability, and automobile liability. The contract also includes provisions for public records and the retention of documents. Some key points to consider when evaluating the similarity of this contract to other contracts include: the type of goods or services being provided, the term of the contract, the insurance requirements, and the termination provisions.

Attached files

Key dates

Starts
11/15/2022
Ends
12/31/2025
Duration
3 years

Last updated

Details

Award type
Single Award
Industry
Construction
NAICS
423610
Solicitation №
20220104

Contract value

$1,000,000

The contract value is not explicitly stated in the documents. However, based on the type of goods and services being provided, it is likely that the contract value is in the range of $100,000 to $500,000 per year, for a total contract value of $300,000 to $1,500,000 over the 3-year term. This estimate is rough and may not reflect the actual value of the contract. Factors that may influence the contract value include the quantity and type of electrical supplies and equipment being provided, the frequency of deliveries, and the level of service required.

AI estimate from the award documents

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