Addendum No. 1_PS-20-2395 Bookstore Services UW-Stout.pdf
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- Solicitation number
- PS-20-2395
- Issued by
- Wisconsin
About this file
This is an addendum to Request for Bid No. PS-20-2395 issued by the University of Wisconsin System Office of Procurement for Bookstore Services at the University of Wisconsin-Stout. The original bid was issued on January 27, 2020, with a due date of February 20, 2020. Bidders who had previously submitted proposals and wished to amend them were instructed to mark their envelopes "Amendment to Request for Proposal No. PS-20-2395," while those with no changes would have their original proposals retained and opened on the due date.
Addendum No. 1 made two critical revisions to the compensation structure. The first revision modified Section 7.1.1 regarding UW-Stout Commission to establish that the contractor shall pay the University either a period commission calculated as a percentage of all bookstore net cash and charge sales, or a maximum annual guarantee of $130,000 per year, whichever is greater. The second revision updated Appendix 1, No. 5 to reflect that the current percentage commission is 16% and the annual guarantee is $115,000. All other terms of the original Request for Proposal remained unchanged. These revisions clarified the financial obligations and guaranteed minimum compensation to the University for bookstore operations at the campus.
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Other files
| File | Type | Posted |
|---|---|---|
| PS-20-2395 Bookstore Services UW-Stout_RFB_Final_1-14-2020.pdf |
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Text version
STATE OF WISCONSIN A D D E N D U M # 1
UNIVERSITY OF WISCONSIN SYSTEM
OFFICE OF PROCUREMENT REQUEST FOR BID NO. PS-20-2395
780 REGENT STREET
MADISON, WI 53708 DUE DATE: February 20, 2020
PRESENT DATE: January 27, 2020
COMMODITY OR SERVICE: Bookstore Services
REVISIONS:
Revision No. 1: This Revision deletes the language in Item 7.1.1 UW-Stout: Commission and replaces it with the following language to confirm the maximum annual guarantee of one hundred thirty thousand dollars ($130,000) per year whichever is greater:
7.1.1 UW-Stout: Commission
The contractor shall agree to pay the University a period commission of percent ( %) for all Bookstore net cash and charge sales, or a maximum annual guarantee of one hundred thirty thousand dollars ($ 130,000) per year whichever is greater.
Revision No. 1: This Revision deletes the language in Appendix 1, No. 5 and replaces it with the following language:
5. The current percentage commission is twelve point one percent (16.%) and the annual guarantee is one hundred fifteen thousand dollars ($115,000).
All other parts of this Request for Proposal remain unchanged.
If you have submitted a proposal and wish to amend it or change it, please mark the envelope clearly "Amendment to Request for Proposal No. PS-20-2395". If you have submitted a proposal and have no changes, we will retain it in the file and open it on the due date.
File details come from the government source that posted it. Updated .