Film License for "Astronaut"

The Virginia Agency Mandatory Contract CTR013337 is an Indefinite Delivery Vehicle (IDV) focused on facilitating a specific film royalty arrangement for the "Astronaut" movie. The primary product or service under this contract involves estimated royalty payments, specifically set at 30% of box office receipts. The IDV is designed to provide a structured mechanism for royalty compensation between the film producer and the Science Museum of Virginia, with a clear scope of transferring financial returns from the film's theatrical performance.

The master IDV is awarded to MacGillivray Freeman Films Inc and is administered by the Science Museum of Virginia. The contract is classified as an Agency Mandatory Contract within the Commonwealth of Virginia, with a defined performance period from July 1, 2025, to July 31, 2026. The contract type suggests a mandatory requirement for participating agencies, with a specific focus on this particular film royalty arrangement. While the geographic coverage is limited to Virginia, the contract provides a structured approach to managing film-related financial transactions.

Under this IDV, a single contract award (PO05062758) has been made to MacGillivray Freeman Films Inc. The award has a cumulative value of $5,000.00, representing the annual royalty arrangement for the "Astronaut" film. The contract includes one line item with a unit price of $5,000, to be delivered to Courtney Moyer. The award's performance period aligns precisely with the master IDV, running from July 1, 2025, through July 31, 2026, and captures the royalty payment structure based on box office receipts.