Award

Coastal Carolina University 5400024963

Trademark licensing management services - SG

Recipient

Collegiate Licensing Company, LLC

Award Amount

$1,000,000.00

Ceiling

$1,000,000.00

Awarded

June 26, 2023

Identifier

5400024963

The government buyer is Coastal Carolina University, a state agency in South Carolina. The awarded vendor is Collegiate Licensing Company, LLC, located at 1075 Peachtree Street, Suite 3300, Atlanta, GA 30309. The contract is for Trademark Licensing Management Services, including management of trademark licensing, royalty collection, and administration. The award includes two line items related to gross royalties: 80% gross royalties up to $200,000, and 80% gross royalties over $200,000. The total potential contract value is $1,000,000.00. The maximum contract period spans from July 1, 2023, through June 30, 2028. The contract is managed by the South Carolina State Fiscal Accountability Authority, Division of Procurement Services, located at 1201 Main Street, Suite 600, Columbia, SC 29201. Notable contract requirements include that the contractor should not perform work or incur costs prior to the effective contract date and receipt of a purchase order. Protest procedures are outlined with specific timelines and contact information for the Chief Procurement Officer at the Materials Management Office in Columbia, SC.

Description

Award for trademark licensing management services conducted by the State of South Carolina Division of Procurement Services on behalf of Coastal Carolina University. The contract is awarded to Collegiate Licensing Company, LLC with a total potential value of $1,000,000.00 for the period July 01, 2023 through June 30, 2028. The award includes 80% gross royalties up to $200,000 and 80% gross royalties over $200,000.

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