Local Hotel Contract Rates

The University of Iowa is soliciting contracted discount rates from qualified Hotels/Suppliers who can provide lodging for University of Iowa or Big Ten guests and affiliated business travelers. The intent of this bid is to execute agreements to establish contracted hotel room rates for travelers visiting the Iowa City area, which includes Coralville and North Liberty, for business associated with the University of Iowa. • The University spends approximately $2.6 million annually on direct payments for hotels/motel rooms and services. • The University expects that contracted rates will be applied consistently and according to specific requirements. • Hotels/Suppliers must agree to accept the University's preferred methods of payment. • The University reserves the right to terminate the agreement without penalty if funds are not forthcoming or insufficient. • The University prefers not to permit Hotels/Suppliers to transfer, transmit, maintain, or store University data or information outside the geographic borders of the United States of America.