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Ferris State University·Michigan

Licensing and Trademark Management Services

Closes 11/10/2026$40k – $150kRequest for ProposalLogin required
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Description

Ferris State University is seeking an exclusive, full‑service collegiate licensing partner to manage, protect, and grow revenue from its trademarks, designs, logos, and service marks. The vendor will collaborate with the university’s Marketing & Communications office to license products, collect and distribute royalties, enforce brand standards, and provide marketing support—especially for athletics‑related events. The contract is for an initial three‑year term with two optional one‑year extensions, covering approximately 130 existing licensees and projected annual sales exceeding $1 million. • Scope includes brand protection, trademark licensing, royalty collection/administration, quality control, reporting, and athletics marketing support. • Vendor must propose royalty structures, revenue‑growth models, and demonstrate at least three years of similar experience. • Required deliverables: licensing agreements, artwork review platform, compliance monitoring, royalty disbursement, and regular performance reporting. • Mandatory pre‑bid conference (date not provided); electronic submission via Public Purchase portal. • Evaluation based on service quality, cost, experience, staffing, and ability to meet timelines.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Ben Ackerman(Strategic Procurement Analyst)

[email protected]

(231) 591-3914

Key dates

Opened
10/27/2026
Closes
11/10/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
27-014

Budget estimate

$40,000 – $150,000

The university reports annual trademark‑related sales of over $1 million, with roughly 30 % internal use and 40 % sold through the campus bookstore. Assuming a typical royalty rate of 10‑15 % on commercial sales, total royalty revenue could be $70‑150 k per year. Vendors typically retain a portion of royalties (e.g., 15‑25 % of royalty revenue) as compensation for licensing administration and marketing services. Applying a 20 % share yields an estimated vendor earnings of $14‑30 k per year, or $42‑90 k over the base three‑year term. Adding potential bonuses for revenue growth, marketing campaigns, or athletics event spikes could raise the upper bound to roughly $150 k over three years. Therefore, a reasonable budget range is approximately $40 k to $150 k for the contract duration.

AI estimate from the solicitation

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