Coastal Carolina University CCU-9300105

Bookstore management and operations services - DH

The government buyer is Coastal Carolina University, specifically its Procurement Services office located in Conway, SC. The awarded vendor is Barnes & Noble College, located in Gaithersburg, MD. The contract is for bookstore management and operations services. The contract period is from June 16, 2016 through June 15, 2021, with an initial contract period from June 16, 2016 through June 15, 2017. The total potential value is estimated at $24,459,000 based on projected sales. Commission rates are tiered: 15.5% on gross sales up to $5,000,000; 16.5% on sales from $5,000,000 to $5,500,000; and 17.5% on sales over $5,500,000. A Certificate of Insurance must be furnished prior to commencement of services. The contract includes a protest process as per South Carolina Code of Laws section 11-35-4210. The place of performance is Coastal Carolina University in Conway, South Carolina.

Description

Coastal Carolina University seeks a source to provide bookstore management and operations services in accordance with the specifications provided in the solicitation document. The contract was awarded to Barnes & Noble College Booksellers, LLC for the period June 16, 2016 through June 15, 2021 with an estimated total sales value of $24,459,000. Commissions are structured as 15.5% of all gross sales up to $5,000,000, 16.5% of all gross sales from $5,000,000 to $5,500,000, and 17.5% of all gross sales over $5,500,000.

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