|Estimated/Actual Value Description:||Laundry services - firm rate of $ .48888 per pound x estimated 252,000 pounds annually = $123,197,76 estimated annual total.|
3 year initial term = $369,593.28.
Option of two 1-year renewals at $ .51888 per pound x estimated 252,000 pounds annually = $130,757.76 per renewal year. Total for two 1-year renewals = $261,515.52.
Total estimated contract award = $631,108.80.