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  5. ›Notice of Intent to Sole Source for Clemson University…

Awarded contract·Clemson University·South Carolina

Notice of Intent to Sole Source for Clemson University Intellectual Property Licensing to CAPCO

Won by Clemson Athletic Properties Company (CAPCO)$12MSingle Award
Contract source

Awarded vendors

  • Clemson Athletic Properties Company (CAPCO)

Description

This sole‑source procurement by Clemson University awards a contract to Clemson Athletic Properties Company (CAPCO) for the licensing and assignment of university intellectual property rights. The agreement is justified on the basis that CAPCO is a charitable organization wholly dedicated to supporting Clemson, and no other for‑profit entity can provide the same benefit of returning all profits back to the university. The anticipated revenue from the contract is $12 million annually, making it a significant financial arrangement for the institution. • Vendor: CAPCO – a Clemson‑affiliated charitable entity tasked with managing IP licensing. • Scope: Licensing and assignment of university intellectual property rights; revenue generation and profit return to Clemson. • Value: $12 million per year, sole‑source due to unique charitable status and profit‑return structure. • Justification: No comparable for‑profit providers; CAPCO’s exclusive affiliation ensures profits benefit the university directly.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Education
NAICS
541618

Contract value

$12,000,000

The notice explicitly states an anticipated annual revenue of $12,000,000 from the contract. Since the document does not specify a contract term, the most straightforward estimate is a one‑year term valued at $12 million. If the agreement extends beyond a single year, the total value would be a multiple of this figure, but without further term details the best estimate remains $12 million.

AI estimate from the award documents

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