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Arkansas Northeastern College·Arkansas

ANC2015-1 Bookstore Proposal

Closes 3/31/2015$300k – $950kRequest for Proposal
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Description

Arkansas Northeastern College is seeking a qualified, independent bookstore‑management company to operate its campus bookstore on an exclusive, profit‑making basis, replacing the incumbent vendor. The contractor will purchase all existing inventory from Follett, manage all day‑to‑day bookstore functions, maintain staffing, handle textbook and supply procurement, provide facilities upkeep, and integrate technology as needed. The contract is a fixed‑price, five‑year term with optional twelve‑month renewals and requires a $250,000 performance bond and specific insurance coverage.

Attached files

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

Contact

Pacey Bowens(Interim Vice President for Finance)

[email protected]

(870) 762-1020

Key dates

Opened
1/23/2015
Questions due
2/27/2015
Closes
3/31/2015
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Retail Services
NAICS
453310
Solicitation №
ANC 2015-1

Budget estimate

$300,000 – $950,000

Based on the college’s historical annual sales (approximately $625‑$955 k) and typical profit margins for campus bookstores (10‑20 % after accounting for the minimum guarantee and operating costs), the contractor could expect net earnings of roughly $60‑$190 k per year. Over the base five‑year term, this translates to an estimated total budget range of $300 k to $950 k, depending on sales performance, the negotiated guarantee, and efficiency of operations.

AI estimate from the solicitation

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