University of South Carolina 4400015915

Dining Services for USC Columbia Campus

The University of South Carolina, under the State of South Carolina's Division of Procurement Services, awarded a dining services contract for the USC Columbia campus to ARAMARK EDUCATIONAL SERVICES LLC, located at 1255 Crescent Green Drive, Suite 210, Cary, NC. The contract has a maximum period from July 1, 2017, through June 30, 2032, with a total potential value of approximately $243.75 million. Key financial elements include guaranteed commissions totaling over $92 million with tiered commission rates based on gross revenues, required purchases of services from the University totaling over $35 million, and a depreciation reserve fund exceeding $27 million. Facility improvements are planned with a total investment of $79 million, including major renovations and additions to Campus Village Dining Commons, Convenience Store, Starbucks, and Russell House Dining. The contract also includes equipment and smallwares depreciation funds and profit sharing. Certificates of insurance coverage must be furnished prior to commencement of services. The contract requires adherence to all original solicitation terms, amendments, and negotiated offers. Protests related to the award must be submitted in writing to the Chief Procurement Officer at the Materials Management Office in Columbia, SC.

Description

Contract for dining services at USC Columbia Campus awarded to ARAMARK EDUCATIONAL SERVICES LLC. The contract duration is from July 1, 2017, to June 30, 2032, with a total target value of approximately $243,753,922.00. The vendor is located in Conway, SC. Contact persons include Tiru Chabba, Larry Lee, Clete Myers, and Libby Sullivan.

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