Attachment_3_Financial_Offer_form.xlsx
XLSX spreadsheet 12 KB Posted
- Attached to
- Beverage and Snack Vending Services
- Solicitation number
- ITN 2026-02
- Issued by
- Florida
About this file
This is a Financial Offer Form for Invitation to Negotiate (ITN) #2026-02 issued by the District Board of Trustees of Valencia College in Florida for Beverage and Snack Vending Services. The College seeks proposals to provide beverage and snack vending services across its campuses with the objective of enhancing operational performance and service levels while maximizing financial returns to the institution. The contract term extends for ten years, with Years 1-5 as the initial contract period and Years 6-10 available as renewal options contingent upon contract extension.
Bidders must submit financial offers using this standardized form, which requires specification of two compensation components: Commission as a Percent of Gross Sales (calculated on gross receipts less state sales tax paid by the vendor) and a Minimum Annual Guarantee. Contractors must provide both metrics for each contract year, with the College receiving whichever amount is greater in any given year. The form requires the authorized representative of the bidding company to sign and date the submission, certifying the accuracy of the financial proposal. Bidders must indicate their percentage commission rates and guaranteed annual payments for all ten potential contract years to be considered for award.
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Text version
Sheet1 ATTACHMENT 3-Financial Offer Form
| ITN #2026-02 ADA Beverage & Snack Vending Services | |
| Indicate the guaranteed amount to be paid to the College each contract year for Beverage and Snack Vending Services. (Note: The Contractor shall pay the College the greater of the Minimum Annual Guarantee or the Commission as a Percent of Gross Receipts). | |
| 1. COMMISSION AS A PERCENT OF GROSS RECEIPTS: less the sales tax paid to the State by the Vendor on the sale of the products to the consumers | |
| Year 1 – 5 Percent of Gross Sales | % per year |
| Year 6* Percent of Gross Sales | % per year |
| Year 7* Percent of Gross Sales | % per year |
| Year 8* Percent of Gross Sales | % per year |
| Year 9* Percent of Gross Sales | % per year |
| Year 10* Percent of Gross Sales | % per year |
| * Applicable if contract is renewed |
| 2. MINIMUM ANNUAL GUARANTEE: | |
| Year 1 – 5 ($ Per Contract Year) | $ per year |
| Year 6* ($ Per Contract Year) | $ per year |
| Year 7* ($ Per Contract Year) | $ per year |
| Year 8* ($ Per Contract Year) | $ per year |
| Year 9* ($ Per Contract Year) | $ per year |
| Year 10* ($ Per Contract Year) | $ per year |
| * Applicable if contract is renewed |
| Signature |
| Authorized Representative: __________________________ |
| Title: _____________________________________________ |
| Company: __________________________________________ |
| Date: _____________________ |
File details come from the government source that posted it. Updated .