|Estimated/Actual Value Description:||Total amount of award includes the following:|
Repair and maintenance services during normal business hours - Monday - Friday 8:00am - 4:00pm - 200 annual estimated hours x $185.00 cost per hour = $37,000.00 estimated annual price.
Repair and maintenance services outside normal business hours - Monday - Friday after 4:00pm and before 8:00am and on Saturdays - 75 annual estimated hours x $225.00 cost per hour = $16,875.00 estimated annual price.
Repair and maintenance services on Sundays and Holidays - 25 annual estimated hours x $295.00 cost per hour = $7,375.00 estimated annual price.
Estimated cost of supplies and materials used annually to perform services - $8,000.00.
Estimated annual grand total = $69,250.00.
Initial three (3) year term = $69,250.00 x 3 = $207,750.00.
Option of two (2) 1-year renewals with 5% increase each year. Renewal year 1 - $69,250.00 x 5% = $72,712.50. Renewal year 2 - $72,712.50 x 5% = $76,348.13. Total for renewals = $149,060.63.
Total estimated contract award = 356,810.63.