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Awarded contract·Radford University·Virginia

Graduation Photography Services

Won by Iconic Group, Inc. dba GradImages Corporation$20kAwarded 10/9/2026Single Award
Contract source

Awarded vendors

  • Iconic Group, Inc. dba GradImages Corporation

Description

This contract awards Radford University graduation photography services and associated software tools to GradImages. The vendor must provide on‑site photography for all university commencement ceremonies, deliver digital images within five business days, supply two name‑reader cards, and maintain staffing regardless of weather or schedule changes. Included at no extra cost are the GradRoll and GradExpress software platforms, 20 % student coupons, and a money‑back guarantee on purchased products. Payments are made on a per‑graduate basis ($2.00 each) plus a $3,000 signing bonus, with net‑30 terms, and the agreement allows up to five one‑year renewal options subject to a CPI or 3 % cap. Key compliance obligations include PCI‑DSS, E‑Verify, record retention, and various anti‑discrimination and insurance requirements. • Scope: full‑service graduation photography plus software and student incentives. • Financial: $2 per graduate photographed, $3,000 signing bonus, renewable up to five one‑year extensions. • Compliance: PCI‑DSS, E‑Verify, record‑keeping, insurance, anti‑discrimination, and audit rights.

Attached files

Key dates

Bids closed
8/12/2026
Intent to award
10/9/2026
Awarded
10/9/2026
Starts
10/15/2026
Ends
10/14/2031Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Event Services
NAICS
541921
Solicitation №
RU26036

Contract value

$20,000

The contract’s value is driven by a per‑graduate rate of $2. Assuming an average graduating class of roughly 1,500 students per year (typical for a mid‑size public university), over five years the photo component would total about 7,500 graduates × $2 = $15,000. Adding the $3,000 signing bonus brings the baseline to $18,000. Considering the inclusion of free software, coupons, and potential administrative overhead, a modest cushion is reasonable, leading to an estimated total contract value in the range of $20,000‑$25,000. This estimate assumes no large fluctuations in class size and no additional optional services billed separately.

AI estimate from the award documents

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