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  5. ›Traffic Sign Blanks, Signposts, Fasteners and Related Tools

Awarded contract·Henrico County·Virginia

Traffic Sign Blanks, Signposts, Fasteners and Related Tools

Won by Korman Signs, Inc.$375kAwarded 5/19/2025Single Award
Contract source

Awarded vendors

  • Korman Signs, Inc.

Description

This contract concerns the procurement of traffic‑sign blanks, signposts, fasteners, and related installation tools for Henrico County, Virginia. The county’s purchasing division intends to award the sole‑source contract to Korman Signs, Inc. under IFB No. 25‑2821‑3BJM. The award is a “Notice of Intent to Award” dated May 19 2025; no price, contract length, or renewal terms are disclosed. • Scope: Supply of various traffic‑sign blanks (rectangular, square, triangular), signposts, mounting hardware, and associated tools. • Agency: Henrico County (Department of Finance, Purchasing Division) – local government procurement. • Vendor: Korman Signs, Inc., the intended sole‑source awardee. • Status: Intent to award only; formal award documentation and contract value remain undisclosed.

Attached files

Key dates

Intent to award
5/19/2025
Awarded
5/19/2025

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Manufacturing
NAICS
423830
Solicitation №
25-2821-3BJM

Contract value

$375,000

No explicit dollar amount is provided in the available documents. To estimate, we consider typical municipal spend on traffic‑sign hardware. A mid‑size county like Henrico may order several thousand sign blanks and posts annually. Assuming an average unit cost of $150 for blanks, $200 for posts, $20 for fasteners, and $50 for tools, a modest quantity of 1,000 blanks, 500 posts, 5,000 fasteners, and 200 tool kits would yield: (1,000 × $150) + (500 × $200) + (5,000 × $20) + (200 × $50) = $150,000 + $100,000 + $100,000 + $10,000 ≈ $360,000. Factoring in contingency, taxes, and potential price variations, a reasonable ball‑park estimate for the contract value is roughly **$350,000‑$400,000**.

AI estimate from the award documents

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