Awarded vendors
- Coca Cola Southwest Beverages
Description
The University of Texas System’s Stephen F. Austin State University issued an open RFP for exclusive “pouring‑rights” to supply, install, and operate non‑alcoholic beverage vending and fountain equipment across its campus. Coca‑Cola Southwest Beverages was awarded the contract, which includes a five‑year exclusive term with a possible five‑year renewal. The vendor must provide a full suite of vending machines, maintain two‑weekly restocking cycles, handle on‑call service, and deliver a comprehensive sponsorship package that includes cash fees, in‑kind product donations, and marketing support. Financial terms are proposal‑based, requiring an annual exclusivity fee, pouring‑rights fee, royalty percentages on sales, and a minimum royalty guarantee, all subject to monthly reporting and audit. Compliance requirements include a HUB subcontracting plan (26 % target), performance bond, extensive insurance coverage, and adherence to numerous state and university certifications.
• Scope: exclusive non‑alcoholic beverage vending/fountain services campus‑wide.
• Term: 5‑year initial term with optional 5‑year renewal; alternative 7 + 3‑year option.
• Financial structure: royalty‑based pricing plus annual fees and sponsorship components.
• Compliance: HUB subcontracting, performance bond, insurance, extensive reporting.