Scope & details
The full contract record, as filed.
Related contracts
Other contracts from Pfasolve Inc.
Frequently asked questions
Common questions about this contract, answered from the record.
Who was awarded the license contract by New Jersey Institute of Technology?
Pfasolve Inc was awarded this license contract by New Jersey Institute of Technology, as recorded on July 16, 2026. The contract value is $10,000 up-front fee for year 1; $10,000 per contract year for years 2–4; $15,000 per contract year beginning in year 5; 3.5% royalty on net sales; matching 3.5% royalty on sublicensee net sales plus 7% of other sublicense consideration; payment of all patent costs.
How much is the Pfasolve Inc contract with New Jersey Institute of Technology worth?
The Pfasolve Inc contract with New Jersey Institute of Technology is valued at $10,000 up-front fee for year 1; $10,000 per contract year for years 2–4; $15,000 per contract year beginning in year 5; 3.5% royalty on net sales; matching 3.5% royalty on sublicensee net sales plus 7% of other sublicense consideration; payment of all patent costs, covering license work.
What type of contract is this?
This is a License contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in New Jersey Institute of Technology Board of Trustees Public Session Meeting Agenda Packet 2026-07-16 (AgendaPacket), dated July 16, 2026 from New Jersey Institute of Technology. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Pfasolve Inc hold?
Pfasolve Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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