ITEM QTY PRICE AMOUNT Midi Sock - JMU Design 10 $0.00 $0.00 Setup Cost - 1 $0.00 $0.00 Shipping 1… and 1 more item

TK Promotions Inc was awarded a contract by James Madison University in Virginia on June 17, 2026, with a cumulative contract value of $5,096.20. The primary deliverable consists of 600 midi socks featuring a James Madison University design, priced at $7.25 per unit for a subtotal of $4,350.00. The contract also includes associated costs for setup fees ($50.00), a Virginia Sales and Use Tax Cup (VASCUPP) assessment calculated at 12 percent, and a Collegiate Licensing Company (CLC) royalty fee of $528.00, reflecting intellectual property licensing obligations.

The contract encompasses shipping and logistics services totaling $168.20 for delivery to the identified recipient, Chloe Thompson. The cumulative value of $5,096.20 reflects the aggregate of product costs, licensing fees, setup charges, and freight expenses. The line items indicate this is a merchandise procurement contract for promotional or retail goods bearing university branding, with all associated fees and royalties incorporated into the total contract value.