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New York City Police Pension Fund·New York

Correction: Installation and maintenance of four vending machines

Closes 6/29/2026$30k – $135kRequest for Qualification
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Description

The New York City Police Pension Fund is seeking a qualified vendor to provide a revocable, no‑cost license to install, operate, and maintain four (4) vending machines (two beverage, two snack) on its leased premises at 233 Broadway, 25th Floor, New York, NY. The vendor must supply brand‑new machines, stock them with at least 40 % healthy product options, provide cashless payment capability, and handle all installation, weekly restocking, monthly cleaning, and maintenance. The Fund will not pay for equipment or services; the vendor retains all sales revenue and assumes all associated costs, with the license revocable at will.

Attached files

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Contact

Maria Jazmin Schiavone(Procurement Attorney)

[email protected]

(212) 693-5582

Key dates

Opened
5/21/2026
Questions due
6/8/2026
Pre-bid meeting
6/1/2026Mandatory
Site visit
6/1/2026Mandatory
Closes
6/29/2026
Duration
3 years

Last updated

Details

Type
Request for Qualification
Industry
Retail Services
NAICS
722330
Solicitation №
PIN#26REQ0286

Budget estimate

$30,000 – $135,000

No fixed contract price is disclosed because the arrangement is revenue‑sharing; the vendor keeps 100 % of vending sales. Based on typical office‑building vending volume in Manhattan, annual gross sales could range from $50 k for low‑traffic locations up to $150 k for high‑traffic sites. After accounting for equipment cost amortization, product purchasing, service, and insurance, the net profit might be roughly 20‑30 % of gross sales, yielding an estimated earnings range of $10 k–$45 k per year. Over the three‑year term, total earnings could therefore fall between $30 k and $135 k.

AI estimate from the solicitation

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