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Lamar Transit LLC 3/7/2025
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Lamar Transit LLC 3/7/2025
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Last modified
3/24/2025 1:17:24 PM
Creation date
3/24/2025 1:16:10 PM
Metadata
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Template:
Contracts
Contractor's Name
Lamar Transit LLC
Approval Date
3/7/2025
End Date
12/31/2029
Department
Finance
Department Project Manager
Jenny Chang
Subject / Project Title
Public Transit Advertising Services
Tracking Number
0004734
Total Compensation
$75,000.00
Contract Type
Agreement
Contract Subtype
Other Procurement Agreements
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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<br /> <br />2.17 INCOME HISTORY <br />The following table shows the advertising revenue received in recent contract months on Everett Transit <br />buses: <br />Contract Period Gross Space Sales Prepaid Guarantee 55% Revenue Share <br />July 2023 $23,760.00 $5,937.50 $13,068.00 <br />August 2023 $27,375.00 $5,937.50 $15,056.25 <br />September 2023 $21,730.00 $5,937.50 $11,951.50 <br />October 2023 $25,285.00 $5,937.50 $13,906.75 <br />November 2023 $17,320.00 $5,937.50 $9,526.00 <br />December 2023 $10,290.00 $5,937.50 $5,659.50 <br />January 2024 $9,964.00 $5,937.50 $5,480.20 <br />February 2024 $6,204.00 $5,937.50 $3,412.20 <br />March 2024 $10,994.00 $5,937.50 $6,046.70 <br />April 2024 $13,794.00 $5,937.50 $7,586.70 <br />May 2024 $16,565.00 $5,937.50 $9,110.75 <br />June 2024 $20,405.00 $5,937.50 $11,222.75 <br /> <br />2.18 CONTRACT TRANSITION <br />In the event of a follow-on contract award to another Supplier, the Supplier must ensure a cooperative <br />and smooth transition to a new contract provider and will provide all records, status reports, and contract <br />files as agreed with the provided notice of termination. <br /> <br /> <br />Exhibit C to Services Agreement
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