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University of Arkansas at Monticello·Arkansas

Request for Proposal - UAM Bookstore

Closes 5/8/2026$100k – $250kRequest for Proposal
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Description

The University of Arkansas at Monticello is seeking a single qualified contractor to operate its campus bookstore on a fixed‑price, single‑award basis. The contractor will be responsible for all aspects of bookstore management—including staffing, inventory acquisition, POS integration with Workday, facility upkeep, marketing, and compliance with university and state regulations—and may optionally extend services to two satellite campuses. The contract is initially for one year with the possibility of up to six one‑year renewals, and the vendor must propose a royalty or commission structure tied to projected $875 k annual sales. • Full‑service retail operation (textbooks, digital, soft goods, memorabilia) for the main campus (optional satellite sites). • Minimum staffing of three employees, including a university‑approved manager, and ownership of all fixtures, equipment, and inventory. • Required integration of a compatible POS system with UAM’s Workday financial‑aid platform and submission of regular financial reports. • Contractor must purchase existing inventory from current vendor (Follett) and may propose interior‑design renovations subject to approval. • Payment model based on a guaranteed royalty plus commission; contract start July 1 2026, with monthly or quarterly invoicing.

Attached files

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

Contact

Thomas Lafever(Department Buyer)

[email protected]

(870) 460-1722

Key dates

Opened
3/31/2026
Questions due
4/13/2026
Closes
5/8/2026
Projected award
6/1/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Retail Services
NAICS
453920
Solicitation №
UAMRFP-Bookstore2026

Budget estimate

$100,000 – $250,000

The RFP cites FY 2024‑25 gross sales of roughly $875,000. Assuming the contractor negotiates a guaranteed royalty of 5‑10% of gross sales plus a 2‑5% commission on revenue exceeding a threshold, annual revenue to the contractor could range from $44,000 to $110,000. Adding projected profit from inventory markup, service fees, and ancillary sales (e‑books, merchandise), a realistic earnings band for the first year is approximately $100,000‑$250,000. Longer contract terms and successful campus expansions could push the high end higher.

AI estimate from the solicitation

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