This contract is for merchandising services for the BMX Racing World Championship 2024. The contract was awarded to TB Products, a company based in Cincinnati, Ohio. The contract period is from January 1, 2023, to June 30, 2024. The scope of work includes identifying and providing a strategy for the development of the UCI BMX World Championship brand through merchandise products, designing and producing merchandise items, showcasing the merchandise items on an online platform, and operating and managing merchandise outlets at the World Championship competition venues. The contract also includes provisions for payment, insurance, and termination.
Some key points of this contract include:
* The contractor is responsible for providing all equipment and materials required to perform the services.
* The contractor must provide a daily report on the number of merchandise items sold during the World Championship.
* The contractor will pay the City a percentage of the sales as a license fee.
* The City has the authority to approve all merchandise products and prices.
* The contractor must comply with all applicable federal, state, and local laws and regulations.
* The contract can be terminated by either party with written notice.