CONTRACTAPPROVED

The University Of Texas Permian Basin Awards License Contract to Collegiate Licensing Company LLC (December 2019)

The University Of Texas Permian Basin logoThe University Of Texas Permian Basin
Disclosed value
Approximately $8 million per year in royalties
From minutes
Approved
Dec 9, 2019
Term
July 1, 2019 through June 30, 2032
Renews
Free account

The 30-second brief

What it covers

The Board of Regents approved a Trademark License Agreement under which Collegiate Licensing Company LLC will serve as U. T. Austin’s exclusive product licensing agent. The agreement runs from July 1, 2019 to June 30, 2032 and is expected to generate about $8 million per year in royalties.

Who holds it

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.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every The University Of Texas Permian Basin contract.

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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
university_of_texas_system_board_of_regents_minute.pdf (Minutes)

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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 minutes record.

Where was this contract approved?

This contract appears in university_of_texas_system_board_of_regents_minute.pdf (Minutes), dated December 9, 2019 from The University Of Texas Permian Basin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

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