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University of Arkansas at Little Rock·Arkansas

Multimedia Rights Partnership

Closes 12/2/2024$2M – $8MRequest for Proposal
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Description

The University of Arkansas at Little Rock is seeking a partner for a multimedia rights partnership to generate sponsorship revenue through various media channels, including corporate hospitality events, television, radio, arena and stadium signage, social media, and internet. The selected firm will be responsible for developing and implementing a comprehensive long-term strategic business development plan, including an effective partnership marketing plan with sponsor activation strategies. The partnership will have a term of four years, with the option to renew for up to three additional one-year terms. The university is looking for a firm that can provide excellent customer service, deliver high-quality media content, and meet specific key performance indicators. • Generate sponsorship revenue through various media channels • Develop and implement a comprehensive long-term strategic business development plan • Provide excellent customer service to the athletic department and partners • Deliver high-quality media content, including radio and television broadcasts, digital signage, and social media content • Meet specific key performance indicators, including revenue growth, sponsorship fulfillment, and timely content delivery

Attached files

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

Contact

Noel Johnson(Buyer)

[email protected]

(501) 916-3144

Key dates

Opened
9/19/2024
Questions due
10/11/2024
Pre-bid meeting
10/7/2024
Closes
12/2/2024
Duration
4 years

Last updated

Details

Type
Request for Proposal
Industry
Broadcasting and Media
NAICS
515100
Solicitation №
FB-25-012 RFP

Budget estimate

$2,000,000 – $8,000,000

The budget for this contract is expected to be substantial, given the scope of the multimedia rights partnership. The university is looking for a firm that can generate significant sponsorship revenue, and the selected firm will be responsible for developing and implementing a comprehensive long-term strategic business development plan. Based on industry standards, a reasonable estimate for the budget could be between $500,000 and $2 million per year, depending on the firm's performance and the revenue generated. The total budget for the four-year term could be between $2 million and $8 million.

AI estimate from the solicitation

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