Award
Francis Marion University 4400029706
Dining Services Contract 4400029706
Recipient
ARAMARK EDUCATIONAL SERVICES LLC
Award Amount
$21,000,000.00
Ceiling
$21,000,000.00
Awarded
August 17, 2022
Identifier
4400029706
The government buyer is Frances Marion University, a state agency in South Carolina. The awarded vendor is ARAMARK EDUCATIONAL SERVICES LLC, located at 2400 Market Street, Philadelphia, PA 19103. The contract is for dining services, including meal plans, declining balance, retail sales (cash/credit), internal catering, external catering, and camps/summer conferences. The contract includes revenue commissions to Frances Marion University ranging from 10% to 17% depending on the revenue stream. The contract also requires a capital investment of $600,000 and an annual maintenance and repair fund of $25,000. The maximum contract period is from August 17, 2022, through August 16, 2029. The contract is managed by the South Carolina Division of Procurement Services located in Columbia, SC.
Description
Contract for 7-year dining services at Francis Marion University awarded to ARAMARK EDUCATIONAL SERVICES LLC. Contract period from August 17, 2022 to August 16, 2029 with a target value of $21,000,000.00. Includes revenue commissions to FMU by various revenue streams and capital investment of $600,000.