University of South Carolina Supplier systems #270046-01

Exclusive agent for USC Columbia campus class ring program

The University of South Carolina is seeking an exclusive agent to operate its Columbia campus official class ring program. - Government buyer: University of South Carolina, through the USC Alumni Association. - Opportunity: One exclusive agent to promote, market, and sell official University class rings and optional pendants for the Columbia campus. No OEM, manufacturer, or vendor is named in the solicitation. - Products: Traditional men’s and women’s rings in the current official designs and required ring weights. Rings must be offered in 10K, 14K, and 18K gold and white gold; design changes require written University approval. Pendants may also be offered. - Services: The agent is responsible for marketing, sales, ordering, advertising, postage, events, and ceremonies. The agent must support ring-week events and ceremonies twice each academic year, with schedules and public-facing materials subject to University approval. - Commercial requirements: Minimum commission is $310 per ring in the first year, with a $525,000 annual minimum guarantee regardless of sales. Both amounts increase by 3% annually. The agent must provide monthly commission reports, quarterly accounting, and payments within 30 days after each quarter, and pay the stated 14% licensing royalty. - Fulfillment: Rings must be delivered within at least ten weeks after the manufacturer receives an order. The agent must have sufficient inventory available, ship FOB destination, and require a delivery signature. - Term: The scope describes an initial five-year term with up to two one-year renewals; a separate clause describes an initial three-year term with one-year renewals. The solicitation therefore has inconsistent term language, and the final award will govern.

Description

The University of South Carolina, through the USC Alumni Association, seeks an exclusive agent to promote and market and sell the official class ring program for the University’s Columbia campus. The program may offer men’s and women’s traditional-style gold rings and pendants. All rings offered must be available in 10k and 14k gold and white gold. The solicitation is a revenue-generating contract.

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