The contract is for Collegiate Licensing Agency Services, where the university is seeking a qualified vendor to provide licensing and retail services. The contract was awarded to IMG College, who demonstrated strong experience, personnel, and resources. The contract includes services such as data-based reporting, administrative tools, and strategic marketing. Key points to consider for similar contracts include the importance of experience, personnel, and resources in the evaluation process, as well as the need for robust administrative tools and strategic marketing capabilities.
• Experience and qualifications of the vendor
• Personnel and staff of the vendor
• Administration, resources, services, technology, and program incentives
• Strategic marketing and retail capabilities
• Cost evaluation and lowest cost solution