|Estimated/Actual Value Description:||The total amount of award includes the following:|
Inter-office mail pick-up and/or delivery services - $930.00 per day x 248 estimated days per year = $230,640.00.
CTA Transit Card delivery services - $10.00 per delivery x 130 estimated deliveries per year = $1,300.00.
Pace Bus Ticket delivery services - $10.00 per delivery x 60 estimated deliveries per year = $600.00.
Estimated annual grand total = $232,540.00.
Initial term will be 3 years x $232,540.00 per year = $697,620.00. Option of two (2) 1-year renewals of $232,540.00 each year = $465,080.00 total for renewals.
Estimated Grand Total = $1,162,700.00.