The University Of Texas Permian Basin Awards License Contract to Collegiate Licensing Company LLC (December 2019)
The University Of Texas Permian BasinHigher Ed · Odessa, TX- Disclosed value
- Approximately $8 million per year in royalties
- From agenda
- Approved
- Dec 9, 2019
- Term
- July 1, 2019 through June 30, 2032
- Renews
- Free account
The 30-second brief
The U. T. System Board of Regents approved a Trademark License Agreement between U. T. Austin and Collegiate Licensing Company, LLC, providing approximately $8 million per year in royalties. CLC will act as the university’s exclusive product licensing agent from July 1, 2019 through June 30, 2032, with a built-in renewal negotiation window.
Collegiate Licensing Company LLC holds this license contract with The University Of Texas Permian Basin. Its other public contracts on record include work for University Of Nebraska-Central Administration System Office and University Of Nebraska-Lincoln.
The renewal date is on record. A free account shows it, with the renewals for every The University Of Texas Permian Basin contract.
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
Contract details
- Contract type
- License
- Amount
- Approximately $8 million per year in royalties
- Document date
- December 9, 2019
- Term
- July 1, 2019 through June 30, 2032
- Renews
- Free account
- Source document
- ut_system_board_of_regents_special_called_meeting.pdf (Agenda)
Collegiate Licensing Company LLC's other public contracts
More The University Of Texas Permian Basin contracts
Questions about this contract
Who was awarded the license contract by The University Of Texas Permian Basin?
Collegiate Licensing Company LLC was awarded this license contract by The University Of Texas Permian Basin, as recorded on December 9, 2019. The contract value is Approximately $8 million per year in royalties.
How much is the Collegiate Licensing Company LLC contract with The University Of Texas Permian Basin worth?
The Collegiate Licensing Company LLC contract with The University Of Texas Permian Basin is valued at Approximately $8 million per year in royalties, covering license work.
What type of contract is this?
This is a License contract, documented as a agenda record.
Where was this contract approved?
This contract appears in ut_system_board_of_regents_special_called_meeting.pdf (Agenda), dated December 9, 2019 from The University Of Texas Permian Basin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Collegiate Licensing Company LLC hold?
Collegiate Licensing Company 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 The University Of Texas Permian Basin currently buying?
Explore The University Of Texas Permian Basin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.