town-of-somersetreport-2024-04-01_12b.pdf
Trash and Recycling Contract Recommended for GCI Residential Inc.
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Description
The Town of Somerset is recommended to award a new five-year trash and recycling collection contract to GCI Residential, Inc., continuing a long-term vendor relationship. The contract begins July 1, 2024, with annual cost increases below prior projections.
Contract Details
Contract Amount
2025: $14,166/month; 2026: $14,521/month; 2027: $14,884/month; 2028: $15,257/month; 2029: $15,640/month (5 years)
Vendor
GCI RESIDENTIAL INC
Agency
Town of Somerset, IL
Contract Type
FOOD_SERVICES
Document Date
April 1, 2024
Contract Term
July 1, 2024 – June 30, 2029
Renewal Date
2029-06-30
Renewal Info
New five-year contract to succeed expiring five-year agreement. Subject to approval at June 3 Council meeting. Renewal terms based on sole proposal received.
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