For each car, Community Car will request that 50% of the annual Carsharing Service Fee be paid in the first month to cover the up-front car placement expenses (car purchase, insurance, etc). The table below outlines the annual cost breakdown into monthly payments for Years 1-5.
Cost Option 2-Annual Cost Breakdown by monthly payments per car
Year 1 Month 1-$13,000.00 and Months 2 to 12-$1,000.00 per month
Year 2 Month 1-$6,500.00 and Months 2 to 12-$500.00 per month
Year 3 Month 1-$3,250.00 and Months 2 to12-$250.00
Year 4-$0.00 Annual Cost
Year 5-$0.00 Annual Cost
Mandatory Specifications
SPECIFICATION DESCRIPTION
Provide a minimum of one car for each East and West campus location.
Fully administer all car sharing services to employee and students.
Provide maintenance to all vehicles provided .
Provide 24-hour a day, seven days a week reservation system and help line.
Handle all billing of University employees and students for time/mileage used.
Provide usage reports. The usage reports shall include but need not be limited to the number of hours and miles each car is used each day. | 
