Award of Contract 8521Q – Supply and Delivery of PVC Pipe & PVC Fittings

Given past market volatility for PVC pipe products, pricing will be fixed for the initial one-year term only. Estimated cost escalation will be based on 2% each year to account for annual Consumer Price Index (CPI) and material cost increases. Contingency is based on 5% of yearly costs to allow for pricing adjustments to cover unplanned work (e.g. watermain breaks). Table 2 is a summary of estimated aggregate costs over the maximum five-year term. Table 2: Contract Year Total Estimated Contract Value Year 1 -(March 2026 - February 2027) $ 881,588.00 Year 2 -(March 2027 - February 2028) $ 899,219.76 Year 3 - (March 2028 - February 2029) $ 917,204.16 Year 4-(March 2029 - Februmy 2030) $ 935,548.24 Year 5 - (March 2030 - February 2031) $ 954,259.20 Subtotal $ 4,587,819.36 Contingency (5%) $ 229,390.97 Total Contract Value (5 Years) $ 4,817,210.32 The initial one-year term is $925,667, with 5% contingency added to the Year 1 contract value amount shown in Table 2.

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