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Awarded contract·Iowa Department of Natural Resources·Iowa

Lamps, Ballasts, and Other Recyclables

Won by Electronic Asset Security LLC +1 more$250kMultiple Award
Contract source

Awarded vendors

  • Electronic Asset Security LLC
  • LOGISTICS RECYCLING INC

Description

The Iowa Department of Natural Resources is seeking a single bidder to provide lamps, ballasts, and other recyclables. The contract will commence on August 31, 2025, and end on August 30, 2026, with the option to renew for up to five annual extensions. The contract requires the vendor to provide recycling services for various types of lamps and ballasts, including fluorescent lamps, compact fluorescent lamps, and high-intensity discharge lamps. The vendor must also provide a detailed quarterly report of all sales made under the contract and pay a 1% administrative fee on all sales. The contract is not an exclusive contract, and the Iowa Department of Natural Resources may choose to dispose of products through other programs at no charge or reduced price. The evaluation criteria for this contract include the vendor's ability to provide the required services, their experience and qualifications, and their pricing. • The contract requires the vendor to provide recycling services for various types of lamps and ballasts. • The vendor must provide a detailed quarterly report of all sales made under the contract. • The vendor must pay a 1% administrative fee on all sales. • The contract is not an exclusive contract, and the Iowa Department of Natural Resources may choose to dispose of products through other programs at no charge or reduced price. • The evaluation criteria for this contract include the vendor's ability to provide the required services, their experience and qualifications, and their pricing.

Attached files

Key dates

Starts
8/31/2025
Ends
8/30/2026Renews
Duration
1 year

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Environmental Services
NAICS
562920
Solicitation №
005-RFB-1759-2025

Contract value

$250,000

The value of this contract can be estimated based on the prices provided by the vendors in the evaluation table. Electronic Asset Security LLC's total bid is $73.15, while LOGISTICS RECYCLING INC's total bid is $570.15. However, these prices are likely to be per unit prices, and the total value of the contract will depend on the quantity of lamps and ballasts recycled over the contract period. Assuming an average price of $0.50 per unit, and an estimated 10,000 units recycled per year, the total value of the contract could be estimated to be around $50,000 per year, or $250,000 over the five-year contract period.

AI estimate from the award documents

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