|Estimated/Actual Value Description:||Total amount of award includes the following:|
Repair and maintenance services and monthly preventative maintenance during normal business hours Monday - Friday, 7:30am - 3:30pm - $31,565.00 per month x 12 months = $378,780.00 annually.
Sorting software updates/installation(s) including software subscription - $17,400.00 annually.
Annual total = $396,180.00.
Initial term of 5 years = $396,180.00 x 5 years = $1,980,900.00
Renewals of $396,180.00 per year x 5 annual renewal options = $1,980,900.00.
Total amount of contract award = $3,961,800.00.