Bid Banana
PricingBid helpAPILog inStart free trial
Log inStart free trial

Learn more

  • Virginia guideVirginia Bids and Bidding Guide
  • Before you submitBid Response: 3 Common Mistakes When Submitting an RFP
More food and beverage services bids →Must-win bid? Bring in The Bid Lab →
Bid Banana
SearchPricingBid helpBrowse bidsAPISupportFAQPrivacy PolicyTerms of UseAI Use Policy

This website and its content is copyright of The Bid Lab © 2026. The Bid Lab is a trademark of Bid Lab, LLC. All rights reserved.

  1. Bid Banana
  2. ›Bids
  3. ›Virginia
  4. ›Closed bids
  5. ›Beverage Vending Machine Services

Awarded contract·Fauquier County·Virginia

Beverage Vending Machine Services

Won by Pepsi‑Cola Bottling Company of Central Virginia$2.3MAwarded 8/29/2022Single Award
Contract source

Awarded vendors

  • Pepsi‑Cola Bottling Company of Central Virginia

Description

This contract provides for the placement, stocking, maintenance, and revenue‑sharing of beverage vending machines at Fauquier County Parks & Recreation sites and county‑run public schools. Pepsi‑Cola supplies the equipment (machines and coolers), restocks them weekly, collects cash, and remits a percentage of gross sales to the County while also delivering “product‑only” beverage orders on a net‑45 basis. The agreement includes an annual charitable donation of at least $1,000 and allows the County to add or delete locations during the term. Key points include: • Up to five one‑year renewal options; currently in the fourth renewal (2026‑2027). • Vendor must provide new‑style, UL‑approved machines, respond to service calls within 24 hrs, and reset prices within 24 hrs of notification. • Monthly sales‑percentage remittance to the County and net‑45 invoicing for non‑machine product deliveries. • Mandatory insurance coverage with County listed as additional insured; COI required within five business days of award.

Attached files

Key dates

Bids closed
7/18/2022
Intent to award
8/29/2022
Awarded
8/29/2022
Contract modified
7/17/2026
Starts
9/1/2022
Ends
8/31/2027Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Food and Beverage Services
NAICS
722320
Solicitation №
20-23jcc

Contract value

$2,300,000

The contract does not state a fixed dollar amount because compensation is based on a percentage of gross vending‑machine sales. Historical County spend on product deliveries is about $4,200 per year, but the vendor’s primary revenue comes from sales. Assuming an average of 20 vending locations each generating roughly $2,000 in gross sales per month, annual gross sales would be about $480,000. If the County receives a modest 5 % revenue share, the County’s annual income would be ~$24,000, leaving the vendor with ~$456,000 in sales revenue plus the $4,200 product purchases, roughly $460,000 per year. Over the five‑year base term this equals about $2.3 million. This estimate is conservative; actual sales could be higher if more locations or higher traffic exist.

AI estimate from the award documents

Similar open opportunities

Matched by Bid Banana AI™

We’re still matching open opportunities to this contract — check back soon.