VIKING Life-Saving Equipment — Boats and Watercraft Solutions with Related Equipment and Services

Master Agreement 092525-VKN is an Indefinite Delivery Indefinite Quantity contract between Sourcewell, a Minnesota service cooperative, and VIKING Life-Saving Equipment (America) Inc. The agreement provides boats, watercraft solutions, and related equipment and services to governmental, educational, nonprofit, and tribal agencies across the United States and Canada. The contract has a base term of four years, with potential extensions allowing for a total duration of up to seven years. Under this agreement, participating agencies receive a 25 percent discount off the manufacturer's suggested retail price. The scope of work requires the delivery of turn-key, operational equipment that complies with industry safety and regulatory standards, including those from the IMO, SOLAS, and the U.S. Coast Guard. Award was based on a best-value trade-off evaluation focusing on pricing, the depth and breadth of solutions, delivery capabilities, and financial viability. While the master agreement establishes the overarching terms, specific delivery schedules, shipping terms, and inspection and acceptance criteria are negotiated on a transaction-by-transaction basis between the supplier and the participating entity. The contractor is required to maintain continuous compliance with various federal regulations, including the Buy American Act and prohibitions on terrorism financing.