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Awarded contract·Longwood University·Virginia

Strategic Partnership for Marketing the MBA Program

Won by Risepoint, LLC$12MSingle Award
Contract source

Awarded vendors

  • Risepoint, LLC

Description

Longwood University contracted a private consulting firm to serve as a full‑service marketing and enrollment partner for its online MBA program. The vendor will conduct market research, create and execute a multi‑channel marketing plan, manage the recruitment funnel from lead to enrollment, integrate with the university’s Banner SIS and Canvas LMS (via TargetX/Axiom), and provide ongoing student‑support and retention services. Compensation is a 50 % share of gross tuition and fees collected from students the vendor enrolls, with no upfront fees, and the agreement includes up to ten years of service plus an automatic five‑year renewal. The contract also mandates a Small‑Business Subcontracting Plan and compliance with FERPA, E‑Verify, and other federal regulations. • Scope: market research, brand‑aligned advertising, recruitment process management, technology integration, student support, reporting. • Term: July 1 2019 – Dec 31 2031 (10‑year base term, auto‑renew 5 years). • Compensation: 50 % of gross tuition/fees; revenue‑share model with performance‑based incentives. • Requirements: eVA registration, SWaM subcontracting plan, data‑privacy safeguards, no hard‑sell tactics.

Attached files

Key dates

Questions due
6/20/2018
Pre-bid meeting
6/14/2018
Bids closed
7/6/2018
Contract modified
8/10/2025
Starts
7/1/2019
Ends
12/31/2031Renews
Duration
12 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Solicitation
Request for Proposal
Industry
Marketing and Advertising
NAICS
541618
Solicitation №
LU214-18-019

Contract value

$12,000,000

The contract uses a 50 % revenue‑share of gross tuition/fees for all online MBA students the vendor enrolls. Longwood’s prior enrollment goal (Addendum 1) targets 800 students by year 5. Assuming an average annual tuition of $30,000 per MBA student (typical for comparable online programs), projected gross tuition over five years would be 800 × $30,000 = $24 million. Half of that (the vendor’s share) equals $12 million. Adding ancillary services (technology integration, student‑support, reporting) and the potential for additional programs (e.g., ABSN, MSIT) could raise the total value by a few million dollars. Therefore a reasonable ball‑park estimate for the overall contract value over its 10‑year base term is roughly $12 million to $15 million.

AI estimate from the award documents

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