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FOOD_SERVICESRENEWED

Lumberton Township Board of Education Agenda Reappointment & Regular Session Meeting 2026-05-14

Sodexo Food Service Contract Renewed for 2026-27

Total cost of contract $637,909.30; Management Fee $60,512.74 per year payable in ten installments of $6,051.27; Guarantee Return/Loss ($29,612)Lumberton Township Board of EducationSODEXO MANAGEMENT INCMay 14, 2026

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Description

The Board will renew its food service management contract with Sodexo Management, Inc. for the 2026-27 school year at a total cost of $637,909.30, including a $60,512.74 annual management fee and a guaranteed loss of $29,612. The agreement is structured as a cost reimbursable contract.

Contract Details

Contract Amount

Total cost of contract $637,909.30; Management Fee $60,512.74 per year payable in ten installments of $6,051.27; Guarantee Return/Loss ($29,612)

Vendor

SODEXO MANAGEMENT INC

Agency

Lumberton Township Board of Education, NJ

Contract Type

FOOD_SERVICES

Document Date

May 14, 2026

Contract Term

2026-2027 school year

Renewal Date

2027-06-30

Renewal Info

FSMC renewal for the 2026-27 base year; future renewal options and USDA/NJDOE requirements likely govern subsequent years.

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