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Awarded contract·Radford University·Virginia

Bookstore Management & Operation Services

Won by A Book Company, LLC dba eCampus.com$1.5MAwarded 2/28/2025Single Award
Contract source

Awarded vendors

  • A Book Company, LLC dba eCampus.com

Description

Radford University awarded a five‑year contract to eCampus.com for comprehensive management and operation of its campus bookstore, covering both physical and online channels, textbook adoption, rentals, buy‑backs, apparel, and athletics merchandising, with multiple renewal options and a series of performance‑based payments. • Scope includes full‑service bookstore operations, inclusive‑access program administration, and IT integration with the university’s learning platforms. • Financial terms feature a $150,000 minimum annual guarantee, quarterly commission payments, annual marketing, sponsorship, and IT investment budgets, plus a $5,000 signing bonus. • The contract allows up to five one‑year renewals, provides capital‑improvement support, and mandates compliance with HEOA, ADA, PCI‑DSS, and Section 508 standards.

Attached files

Key dates

Bids closed
11/20/2024
Intent to award
2/28/2025
Awarded
2/28/2025
Starts
6/1/2025
Ends
5/31/2035Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Retail Services
NAICS
541618
Solicitation №
RU25011

Contract value

$1,500,000

The contract includes a $150,000 minimum annual guarantee for the first year, quarterly commissions (which typically range from 5‑10 % of sales), a $5,000 signing bonus, annual marketing ($7,500), sponsorship ($7,500), IT investment ($10,000), and a capital‑improvement pool up to $200,000 over the term. Assuming average annual sales of $1–1.5 million for a mid‑size university bookstore, total commissions could average $80,000‑$120,000 per year. Adding the guaranteed minimum, annual budgets, and one‑time capital allocations yields an approximate annual spend of $250,000‑$300,000. Over the initial five‑year term this equals roughly $1.3‑$1.5 million, with the optional renewals potentially adding another $500,000‑$600,000. Therefore a reasonable ball‑park estimate for the total contract value is about **$1.5 million**.

AI estimate from the award documents

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