Sodexo Food Service Contract Renewed for 2026-27
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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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