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Awarded contract·City of Charlotte·North Carolina

Equipment Rental

Won by Herc Rentals Inc.$5.6MSingle Award
Contract source

Awarded vendors

  • Herc Rentals Inc.

Description

This contract is for the provision of equipment rentals and related products and services to the City of Charlotte and participating public agencies. The contract has a term of 7 years, with an option to renew for two additional 2-year terms. The contract includes provisions for pricing, payment, and termination, as well as requirements for the company to provide training, installation, and safety services. The contract also includes a goal for minority, women, and small business enterprise (MWSBE) participation, with a target of 10% of the total contract value. Key points: • The contract is for equipment rentals and related products and services • The term is 7 years, with an option to renew for two additional 2-year terms • The contract includes provisions for pricing, payment, and termination • The company must provide training, installation, and safety services • The contract includes a goal for MWSBE participation, with a target of 10% of the total contract value

Attached files

Key dates

Starts
11/1/2018
Ends
10/31/2027Renews
Duration
7 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
532410
Solicitation №
53014

Contract value

$5,600,000

Based on the contract description, the estimated value of the contract is approximately $800,000 per year, for a total of $5.6 million over the 7-year term. This estimate is based on the City's estimated annual usage of $800,000.

AI estimate from the award documents

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