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Awarded contract·Towson University·Maryland

Service Award Premiums and Program Administration

Won by MTM Recognition Corp$50kAwarded 8/16/2023Single Award
Contract source

Awarded vendors

  • MTM Recognition Corp

Description

Towson University entered into a contract to manage and administer service award premiums and related program functions. The work is awarded to MTM Recognition Corp, a private firm specializing in recognition and award services. The agreement likely covers the design, distribution, tracking, and reporting of award premiums, as well as ongoing program administration support for the university’s internal award initiatives. • Scope includes award‑premium processing, reporting, and program management. • Vendor provides expertise in recognition services and program administration. • Single‑vendor award with no publicly disclosed bid deadline or competitive process.

Attached files

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

Key dates

Intent to award
8/16/2023
Awarded
8/16/2023

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Consulting Services
NAICS
541618
Solicitation №
TU-2319

Contract value

$50,000

The contract description does not disclose a monetary amount. Service award premium administration for a mid‑size public university typically ranges from tens of thousands to low‑hundreds of thousands of dollars annually, depending on the scale of the award program. Assuming a modest university award program with a single vendor handling design, distribution, tracking, and ongoing administration, a reasonable ballpark is between $40,000 and $60,000 per year. I therefore estimate the contract value at roughly $50,000.

AI estimate from the award documents

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