Due to lack of capacity within the team at present, there is an option to extend the pilot arrangements for a period of 24 months. This will allow for time to complete a full procurement exercise before the end of the agreements in 24 months.
The vending machines currently provide provisions to our members wishing to purchase a light bite or drink at the leisure centres. By going into this agreement for rental, it uplifts the royalty percentage TDC will take from the sales of products. There is an option to break agreement by paying an uplift fee of £195 per machine. If the agreement is terminated after the rental period a three-month notice must be given in writing.
The Goods for Resale agreement will allow TDC to offer customers high quality products consistently and increase the revenue on product sales. The agreement continues in force until terminated by 3 months written notice by either party to the other party.