Attachment B, Form B1, Vending Machine Services, Payment Proposal Schedule 2025 Revised.pdf

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Attached to
Snack and Beverage Vending Machine Services State and local contract opportunity
Solicitation number
1923387
Issued by
Florida

About this file

Attachment B, Form B1 is a Payment Proposal Schedule for a Vending Machine Services contract with a city government in Florida. The document outlines the requirements for a Minimum Monthly Guarantee (MMG) for vending machines installed in city facilities, with the selected bidder required to propose a monthly payment of at least $4,000. The payment is to be made by the tenth day of the following month, with an example provided for May 2025 payments due by June 10, 2025.

The payment terms include a guaranteed Minimum Monthly Guarantee, with the city reserving the right to negotiate final contract terms and conditions. The contract includes a three percent (3%) annual escalation of the proposed MMG on each contract anniversary. The city maintains flexibility in the final pricing and terms, emphasizing that the proposed amounts may be subject to negotiation to ensure the best interests of the city are met.

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Text version

Vending Machine Services (Payment Proposal Schedule)

ATTACHMENT B - FORM B1

Payment Proposal Schedule

Bidder shall provide payment proposal on this Form B-1 “Payment Proposal Schedule”

A. Minimum Monthly Guarantee (MMG)

The selected Bidder shall propose a MMG to the City for all vending machines installed in City facilities, which shall be no less than $4,000 per month.

The selected Bidder shall pay the City _________________________ dollars ($_______) per month.

(Insert written amount) (Insert number)

The MMG shall be received by the City from the selected Bidder no later than the tenth (10th) day of the month for the previous month serviced. For example, payments for the month of May 2025 are due no later than June 10, 2025.

Notes:

1) The MMG shall be guaranteed.

2) Notwithstanding any proposed prices, the City reserves the right to negotiate the final terms, conditions and pricing of the contract, as may be in the best interest of the City.

3) The City will apply a three percent (3%) annual escalation to the proposed MMG on each contract anniversary.

File details come from the government source that posted it. Updated .