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Awarded contract·County of Hernando, Procurement Department·Minnesota

Sourcewell Contracts

Won by ARI Phoenix Inc.$833kSingle Award
Contract source

Awarded vendors

  • ARI Phoenix Inc.

Description

This contract is between Sourcewell and ARI Phoenix Inc. for the provision of equipment, products, and services. The contract has a term of four years, with the option to renew for an additional one-year period. The vendor is required to provide a means to validate or authenticate its authorized distributors/dealers, and to maintain insurance policies with specific coverage and limits. The contract also includes provisions for pricing, payment, and delivery, as well as requirements for customer service, reporting, and compliance with laws and regulations. The key aspects of this contract include the provision of equipment, products, and services, the term and renewal options, and the requirements for vendor performance and compliance. • The contract includes a warranty provision, with the vendor warranting that all equipment, products, and services are free from defects in design, materials, and workmanship. • The vendor is required to maintain insurance policies with specific coverage and limits, including workers' compensation, commercial general liability, and commercial automobile liability. • The contract includes provisions for customer service, reporting, and compliance with laws and regulations, including the requirement for the vendor to assign an account representative to Sourcewell and to provide prompt notice of any changes. • The contract also includes provisions for pricing, payment, and delivery, including the requirement for the vendor to provide pricing quotes and to arrange for shipping and delivery.

Attached files

Key dates

Starts
4/20/2020
Ends
4/19/2024Renews
Duration
4 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Manufacturing
NAICS
333313
Solicitation №
21-P00029

Contract value

$833,250

The contract value is difficult to estimate, as the contract is for an indefinite quantity of sales. However, based on the pricing information provided, it appears that the vendor is offering discounts ranging from 15% to 20% off list price, with additional discounts for quantity purchases. The administrative fee paid to Sourcewell is 1% of sales. Assuming an average discount of 17.5% and an average sales price of $10,000, the total contract value could be estimated as follows: Total sales: $1,000,000 (assuming 100 units sold at $10,000 each) Discount: $175,000 (17.5% of $1,000,000) Net sales: $825,000 Administrative fee: $8,250 (1% of $825,000) Total contract value: $833,250 This is a rough estimate and the actual contract value may be higher or lower, depending on the actual sales and pricing.

AI estimate from the award documents

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