|Estimated/Actual Value Description:||Total amount of award includes:|
Repair and maintenance services during normal business hours (Monday - Friday 8:00am - 4:00pm) - 300 estimated hours x $145.00 per hour = $43,500.00.
Repair and maintenance services outside normal business hours (after 4:00pm Monday - Friday) and on Saturdays - 150 estimated annual hours x $205.00 per hour = $30,750.00.
Repair and maintenance services on Sundays and holidays - 50 estimated annual hours x $225.00 per hour = $11,250.00.
Annual estimated cost of parts, supplies, and/or materials required to perform repair and maintenance services = $9,000.00.
Estimated annual grand total = $94,500.00.
Initial 3 year term - 3 years x $94,500.00 per year = $283,500.00.
Renewal options - add 5% each year. 1st renewal option $94,500.00 + 5% ($4,725.00) = $99,225.00. 2nd renewal option $99,225.00 + 5% (44,961.25) = $104,186.25.
Estimated total amount of contract award = $486,911.25.