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  5. ›T16-181-01

Awarded contract·City of Tempe·Arizona

T16-181-01

Won by Boat Rentals of America, Inc$174kSingle Award
Contract source

Awarded vendors

  • Boat Rentals of America, Inc

Description

The City of Tempe has awarded a contract to Boat Rentals of America, Inc for park concession services at Kiwanis Park. The contract includes the provision of boat rentals, food concessions, and other services. The vendor is required to pay a monthly rental fee of $350 plus $1 per rental. The contract has a term of 10 years, with options for renewal. The City of Tempe is responsible for managing the contract and ensuring that the vendor meets the contract requirements. The contract includes provisions for payment, pricing, and performance, as well as requirements for insurance, bonding, and compliance with city ordinances and regulations. Key aspects of the contract include: • The contract term is 10 years, with options for renewal. • The vendor is required to pay a monthly rental fee of $350 plus $1 per rental. • The contract includes provisions for payment, pricing, and performance. • The vendor is required to comply with city ordinances and regulations, including those related to health, safety, and environmental protection. • The contract includes requirements for insurance, bonding, and other forms of security.

Attached files

Key dates

Starts
6/27/2016
Ends
6/28/2026Renews
Duration
10 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Hospitality and Tourism
NAICS
713990
Solicitation №
RFP# 16-181, ContractID: 154277

Contract value

$174,000

Based on the contract details, the estimated value of the contract is difficult to determine. However, the vendor is required to pay a monthly rental fee of $350 plus $1 per rental. Assuming an average of 100 rentals per month, the annual revenue from rentals would be $14,400 (100 rentals/month x $1/rental x 12 months). Adding the monthly rental fee, the total annual revenue would be $17,400 ($350/month x 12 months + $14,400). Over the 10-year term of the contract, the total revenue would be approximately $174,000. However, this is a rough estimate and the actual value of the contract may be higher or lower, depending on various factors such as the number of rentals, the price of concessions, and other expenses.

AI estimate from the award documents

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