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  5. ›RFP WSU Dining Services - 2024

Awarded contract·Wayne State University·Michigan

RFP WSU Dining Services - 2024

Won by SodexoMagic$35MAwarded 3/1/2025Single Award
Contract source

Awarded vendors

  • SodexoMagic

Description

This contract awards Wayne State University a five‑year campus‑wide dining‑services operation, beginning July 1 2025 and ending June 30 2030, with optional two‑year extensions. The vendor will manage residential hall dining, student‑center food courts, four fixed retail locations, and catering for the McGregor Conference Center, while assuming responsibility for existing un‑amortized balances, technology integration, sustainability targets, and compliance with university policies. • Scope includes full‑service food‑service management, catering, POS integration, and student‑employment initiatives. • Vendor must meet union labor requirements, provide insurance per Schedule B, and support sustainability (≥10 % local sourcing). • Financial expectations involve $7 M+ annual meal‑plan revenue, $1.9 M catering revenue, and repayment of a $1.8 M un‑amortized balance.

Attached files

Key dates

Bids closed
12/16/2024
Intent to award
3/1/2025
Awarded
3/1/2025
Contract modified
12/9/2024
Starts
7/1/2025
Ends
6/30/2030Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Food and Beverage Services
NAICS
722310

Contract value

$35,000,000

The RFP discloses projected meal‑plan revenue of $7.0 M for FY 2024‑25 and catering revenue of $1.9 M, plus an un‑amortized balance of $1.8 M that the vendor must repay. Assuming similar revenue streams each year over the five‑year base term, annual operating revenue is roughly $9–10 M. Adding capital‑project costs (e.g., $150 k Starbucks refreshes, $100 k Panda Express, equipment upgrades) and a modest profit margin (≈10 % of revenue) yields an estimated contract value of roughly $35–40 M over the base term. Therefore a conservative ballpark figure is $35 M.

AI estimate from the award documents

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