|Estimated/Actual Value Description:||The 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 $175.00 per hour = $35,000.00.
Repair and maintenance services outside normal business hours Monday - Friday after 4:00pm and on Saturdays - 100 annual estimated hours x $255.00 per hour = $25,500.00.
Repair and maintenance services on Sundays and holidays - 50 annual estimated hours x $295.00 per hour = $14,750.00.
Annual estimated cost of parts, supplies, and/or materials required to perform repair and maintenance services = $3,000.00.
Estimated annual total = $78,250.00.
Initial three (3) year term = $78,250.00 x 3 years = $234,750.00.
Renewal terms - First renewal year $78,250.00 + 7% (5,477.50) = $83,727.50. Second renewal year $83,727.50 + 7% ($5,860.93) = $89,588.43. Total for both renewals = $173,315.93.
Grand total contract award = $408,065.93