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  5. ›RFP #92153 - Advertising Media Buying Services

University of Maryland Global Campus·Maryland

RFP #92153 - Advertising Media Buying Services

Closes 12/4/2024$5M – $20MRequest for Proposal
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Description

University of Maryland Global Campus is seeking a qualified firm to provide full‑service advertising media‑buying for its marketing program. The solicitation is structured in four phases, beginning with a portfolio submission that proves the firm’s ability to manage large‑scale media purchases (minimum $5 M per client for the past three years). Shortlisted firms will receive the full scope of work, submit technical proposals, possibly give oral presentations, and finally submit pricing. The contract will run for six years with an optional five‑year renewal, and the contractor will be responsible for media planning, purchasing, daily data feeds, reporting, and compliance with UMGC’s billing, data‑privacy, and living‑wage requirements. • Must have at least one client with ≥ $5 M media spend in each of the last three calendar years. • Deliver media‑planning, buying, daily data export, reporting, and view‑only platform access across all channels (TV, digital, social, OTT, etc.). • Contract term of 6 years (possible 5‑year extension), with a maximum aggregate spend of $450 million (service fees + media costs). • Required MBE participation of 8 % of service‑fee value; strict reporting and record‑keeping obligations. • Portfolio due Dec 4 2024; technical proposal due Jan 13 2025; price proposal due Feb 6 2025; award expected Feb 14 2025.

Attached files

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

Contact

Alicia Klein(Director)

[email protected]

Key dates

Opened
11/11/2024
Questions due
12/16/2024
Closes
12/4/2024
Projected award
2/14/2025
Duration
6 years

Last updated

Details

Type
Request for Proposal
Industry
Marketing and Advertising
NAICS
541810
Solicitation №
RFP #92153

Budget estimate

$5,000,000 – $20,000,000

The solicitation caps total aggregate spend at $450 million, but that figure includes the actual media purchases (pass‑through costs). Contractor service fees are typically a percentage of media spend (often 5‑10 %). Assuming UMGC runs roughly $300 million in media over the six‑year term, a 5‑10 % fee would yield $15‑30 million in contractor revenue. Adding potential fixed‑fee components and performance incentives, a realistic earnings range for the prime could be between $5 million (conservative, lower media volume) and $20 million (higher fee % and additional services) over the contract life.

AI estimate from the solicitation

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