|The total amount of award includes the following:|
Repair and maintenance services during normal business hours - Monday-Friday 7:00am-5:00pm - 700 annual estimated hours x $159.00 per hour = $111,300.00 estimated annual price.
Repair and maintenance services outside normal business hours - after 5:00pm Monday-Friday and on Saturdays - 200 annual estimated hours x $238.50 per hour = $47,700.00 estimated annual price.
Repair and maintenance services on Sundays and Holidays - 1 annual estimated hour x $318.00 per hour = $318.00 estimated annual price.
Required Annual Inspections - 7 estimated inspections x $3,816.00 per inspection = $26,712.00 estimated annual price.
Estimated cost of supplies/materials used annually to perform services - $7,000.00 estimated cost + 25% vendor markup = $8,750.00 estimated annual price.
Estimated annual grand total = $194,780.00.
Initial 3 year term = $194,780.00 x 3 years = $584,340.00 estimated. Option of two 1-year renewals = 1st renewal year = $201,012.00 and 2nd renewal year = $207,846.00 - total estimated cost of renewals = $408,858.00.
Estimated total contract award = $993,198.00.