CVCC Adjusts Follet Bookstore Commission Overpayments
Central Virginia Community CollegeHigher Ed · Lynchburg, VA- Disclosed value
- $898/month over 16 months (total $16,000)
- From minutes
- Document date
- Jan 27, 2021
The 30-second brief
Central Virginia Community College reported that, under its bookstore agreement with Follet Bookstore, the college was overpaid commissions in FY2019 and FY2020. Pursuant to a VCCS-arranged resolution, Follet will deduct $898 per month over 16 months to recoup $16,000, representing half of the FY2020 overpayment, while the remaining overpaid amounts are forgiven.
Follet Bookstore holds this contract with Central Virginia Community College. Its other public contracts on record include work for Atlantic Cape Community College and Silver City Consolidated Schools.
Term as filed: 16 months (deductions beginning fiscal year 2020).
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Contract details
- Amount
- $898/month over 16 months (total $16,000)
- Document date
- January 27, 2021
- Term
- 16 months (deductions beginning fiscal year 2020)
- Vendor
- Follet Bookstore
- Source document
- central-virginia-community-college-board-meeting-minutes-jan-27-2021_bd0.md (Minutes)
Follet Bookstore's other public contracts
More Central Virginia Community College contracts
Questions about this contract
Who was awarded the government contract by Central Virginia Community College?
Follet Bookstore was awarded this government contract by Central Virginia Community College, as recorded on January 27, 2021. The contract value is $898/month over 16 months (total $16,000).
How much is the Follet Bookstore contract with Central Virginia Community College worth?
The Follet Bookstore contract with Central Virginia Community College is valued at $898/month over 16 months (total $16,000).
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in central-virginia-community-college-board-meeting-minutes-jan-27-2021_bd0.md (Minutes), dated January 27, 2021 from Central Virginia Community College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Follet Bookstore hold?
Follet Bookstore may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Central Virginia Community College currently buying?
Explore Central Virginia Community College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.