The actual cost of the service from each company depends on ads sold. The estimated annual cost of production and installation services is $170,000. Actual total costs will vary depending on number and type of ads produced. The cost of the production and installation service is passed through to advertisers as part of the cost of advertising. The projected revenue for the in-house transit advertising program in 2013 is $435,000. Projected revenue for 2014 is $530,000. Projected revenue for 2015 is $645,000. Prices charged will depend on the service rendered and will follow prices in the bid documents that will be included in the contracts.
Authorizing the Mayor and the City Clerk to enter into agreements with Monarch Media Designs, LLC, SpeedPro Imaging of Madison, LLC and Tingalls Dzyn , LLC for transit advertising production and installation services. Monarch will be the primary vendor; SpeedPro will be a secondary vendor and Tingalls Dzyn will be used...Click here for full text