Awarded vendors
- Barnes & Noble College Booksellers
Description
This contract awards the operation of Piedmont Technical College’s campus bookstore to Barnes & Noble College Booksellers for a five‑year term. The vendor will manage all aspects of the bookstore, including inventory, sales of textbooks and supplies, and related services, receiving payment as a percentage of gross sales. The ceiling value of the agreement is $3.5 million over the contract life.
• Scope: Full‑service college bookstore management (sales, inventory, customer service).
• Financial model: Revenue‑share – 12.1 % of sales up to $2 M, 13.1 % up to $3 M, 14.1 % above $4 M.
• Awarded to: Barnes & Noble College Booksellers, a national retailer with established campus‑bookstore expertise.
• Duration: 06/02/2020 – 06/01/2025 (5 years) with a maximum potential spend of $3.5 M.