CONTRACTAMENDED

District 86 Extends Bookstore Agreement With MBS Direct

Hinsdale Twp HSD 86 logoHinsdale Twp HSD 86
Disclosed value
Commission allowances: 12% on net print course material sales up to $1,200,000.00 and 13% on net print course material sales over $1,200,000.00; 2% on net digital course material sales; $5,000.00 annual book scholarships; $5,000 annual stipend for teacher materials; 5% commission on buyback under Easy-Drop Buyback Program
From contract
Document date
Jan 20, 2021

The 30-second brief

What it covers

Hinsdale Township High School District 86 and MBS Direct LLC executed a 2021 addendum extending their virtual bookstore services agreement through December 31, 2021. The amendment updates commission structures on print and digital course materials and provides annual book scholarships and teacher materials stipends, along with buyback and marketing support. The agreement retains prior terms while allowing future extensions by written consent.

Who holds it

Mbs Direct LLC holds this contract with Hinsdale Twp HSD 86. Its other public contracts on record include work for University Of New Mexico-Los Alamos Campus and Coast Community College District Office.

What happens next

Term as filed: Extension commencing upon signing (January 20, 2021) and concluding on December 31, 2021, with potential further extensions by written agreement.

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Contract details

Amount
Commission allowances: 12% on net print course material sales up to $1,200,000.00 and 13% on net print course material sales over $1,200,000.00; 2% on net digital course material sales; $5,000.00 annual book scholarships; $5,000 annual stipend for teacher materials; 5% commission on buyback under Easy-Drop Buyback Program
Document date
January 20, 2021
Term
Extension commencing upon signing (January 20, 2021) and concluding on December 31, 2021, with potential further extensions by written agreement
Source document
hinsdale-twp-hsd-86-contract-2021-01-20_ef5.pdf (Contract)

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Questions about this contract

Who was awarded the government contract by Hinsdale Twp HSD 86?

Mbs Direct LLC was awarded this government contract by Hinsdale Twp HSD 86, as recorded on January 20, 2021. The contract value is Commission allowances: 12% on net print course material sales up to $1,200,000.00 and 13% on net print course material sales over $1,200,000.00; 2% on net digital course material sales; $5,000.00 annual book scholarships; $5,000 annual stipend for teacher materials; 5% commission on buyback under Easy-Drop Buyback Program.

How much is the Mbs Direct LLC contract with Hinsdale Twp HSD 86 worth?

The Mbs Direct LLC contract with Hinsdale Twp HSD 86 is valued at Commission allowances: 12% on net print course material sales up to $1,200,000.00 and 13% on net print course material sales over $1,200,000.00; 2% on net digital course material sales; $5,000.00 annual book scholarships; $5,000 annual stipend for teacher materials; 5% commission on buyback under Easy-Drop Buyback Program.

What type of contract is this?

This is a government contract, documented as a contract record.

Where was this contract approved?

This contract appears in hinsdale-twp-hsd-86-contract-2021-01-20_ef5.pdf (Contract), dated January 20, 2021 from Hinsdale Twp HSD 86. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mbs Direct LLC hold?

Mbs Direct LLC 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 Hinsdale Twp HSD 86 currently buying?

Explore Hinsdale Twp HSD 86's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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