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$100,000 – $250,000

The budget for this opportunity can be estimated based on the proposed quantity of 1197 units and the Guaranteed Minimum quantity of 119. Assuming an average cost per unit, the total budget for the initial order would be around $10,000 to $50,000. However, considering the estimated number of orders per year (12) and the contract term (one year or until the aggregate total of orders reaches $250,000), the total budget for the contract could range from $100,000 to $250,000. The actual budget may vary depending on the pricing and the number of orders placed during the contract term.