Branded Smoothie Concept

Texas Tech University (TTU) is seeking proposals for a national, regional, or locally branded smoothie concept to be located in multiple locations throughout their campus. The desired concept should feature fresh juices, smoothies, or other fruit- or vegetable-based beverages, with a focus on health-conscious options and pre-/post-workout recovery smoothies. The intent is to provide a purchase-and-go environment without dedicated seating space. The RFP provides details on the scope of services, proposal requirements, evaluation criteria, and contract terms. Proposals are due by July 31, 2024, and an optional site visit is scheduled for July 9, 2024. The contract term is anticipated to begin upon award and expire four years later, with the possibility of up to four one-year renewal terms. TTU will evaluate proposals based on criteria such as financial value, the proposer's ability to fulfill requirements, value-added options, and quality assurance measures, with the goal of selecting the best value proposition for the university.

This procurement has established HUB (Historically Underutilized Business) goals, and all proposers must submit a HUB Subcontracting Plan. The RFP does not specify an incumbent vendor or budget range, but it outlines pricing terms, including royalty fees based on net sales and the potential for a revenue-sharing scholarship program. TTU requires the selected vendor to use the university's primary food distributor for at least 80% of the products brought on campus.