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Awarded contract·Department of University Procurement at Eastern Kentucky University·Kentucky

Trade Services - Welding Services

Won by Precision Mechanical, Inc. +2 more$400kMultiple Award
Contract source

Awarded vendors

  • Precision Mechanical, Inc.
  • Lagco Inc.
  • Ivan Ware and Son, Inc.

Description

The contract is for welding services to be provided to Eastern Kentucky University on an as-needed basis. The university reserves the right to award the bid in part or in whole and to award multiple vendors. The contract term is for two years, with the option to renew for up to three consecutive one-year periods. The successful bidder will be required to provide all labor, materials, equipment, and services necessary to perform the work. • The contract is for welding services, including labor, materials, equipment, and services. • The contract term is for two years, with the option to renew for up to three consecutive one-year periods. • The university reserves the right to award the bid in part or in whole and to award multiple vendors. • The successful bidder will be required to provide all labor, materials, equipment, and services necessary to perform the work. • The contract includes requirements for pricing, invoicing, and payment terms.

Attached files

Key dates

Ends
11/30/2024Renews
Duration
2 years

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Education
NAICS
332999
Solicitation №
ITB-271-2023

Contract value

$400,000

The contract value is not explicitly stated in the document, but based on the hourly rates provided for laborers, we can estimate the value. For example, the hourly rate for a weekday laborer ranges from $69 to $148.75. Assuming an average hourly rate of $100 and an average of 2,000 hours worked per year (which is a rough estimate), the annual contract value would be approximately $200,000. For a two-year contract term, the total value would be around $400,000. However, this is a very rough estimate and the actual contract value could be significantly different.

AI estimate from the award documents

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