Follett Bookstore secures $1M capital advances contract
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Description
Follett Bookstore has renegotiated its contract with BEI/UWF, securing $1 million in capital advances. This includes $300,000 cash upon renewal, $200,000 for EAP program implementation, $250,000 for the second five-year renewal, and $250,000 for bookstore renovation. Additionally, Follett will provide a $50,000 grant for AR collections.
Contract Details
Contract Amount
$1,000,000
Vendor
FOLLET BOOKSTORE
Agency
The University Of West Florida, FL
Contract Type
Bookstore Services
Document Date
December 5, 2024
Contract Term
10 years
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