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Awarded contract·The Interlocal Purchasing System (TIPS)·Texas

Books and Library and Educational Materials

Won by Scholastic Inc.$2.3MSingle Award
Contract source

Awarded vendors

  • Scholastic Inc.

Description

This contract is for the provision of books, library, and educational materials to public entities and qualifying non-profits through The Interlocal Purchasing System (TIPS). The contract has a term of three years, with an option for renewal. The vendor, Scholastic Inc., has agreed to provide these materials at a discounted rate to TIPS members. The contract includes terms and conditions for the sale of these materials, including pricing, payment, and delivery. The vendor is also required to report all sales to TIPS and pay a TIPS administration fee.

Attached files

Key dates

Starts
11/29/2023
Ends
11/29/2026Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Education
NAICS
511130
Solicitation №
TIPS230904

Contract value

$2,250,000

The value of this contract can be estimated based on the type of products and services being provided. The contract is for books, library, and educational materials, which can be a significant expense for public entities and qualifying non-profits. However, the exact value of the contract is not provided in the document. To estimate the value, we can consider the term of the contract (three years) and the fact that the vendor is providing discounted rates to TIPS members. Assuming an average annual expenditure of $100,000 to $500,000 per TIPS member, the total value of the contract could be in the range of $300,000 to $1,500,000 per year, depending on the number of TIPS members participating in the contract. Over the three-year term, the total value could be $900,000 to $4,500,000.

AI estimate from the award documents

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