- All other merchandise shall be marked up to reflect a normal gross profit margin for the University bookstore industry or as pre-priced not to exceed suggested retail value.
- For physical books, Vendor will describe the used book program it plans for the University. A copy of this program will be included in the proposal. Vendors are notified that books not required for the following semester will be purchased from students at the highest possible wholesale price. The University expects that a minimum of 35% of textbook sales each year will be used books. If this ratio falls below 20%, the University may choose not to renew the contract.
- Vendor shall describe their textbook rental program, if any, to be provided to University students.
- The Vendor shall strive to carry a selection of works from local authors of interest as well as publications by KSU faculty.
- The Vendor will market and sell all new textbooks and all other merchandise at prices competitive in the local area. The University reserves and shall have the right to examine the Vendor's records to confirm the pricing comparison of selected items with nearby competitors at least once a year.
- The University reserves the right to prohibit sale of any item or items from the University Bookstore. The Vendor agrees to sell products by the University's preferred vendor.
- The Vendor will be allowed to sell and market only those items/ products that are approved in advance by the Director of Auxiliary Services/CFO and approved through the University's licensing partner.
- Vendor to provide discount available to all Faculty and Staff on non-textbook purchases. Any discount on sales for an individual or group, other than as provided in this RFP or as offered to all customers in the normal course of business, must be approved in advance by the Director of Auxiliary Services/CFO.
- The Vendor will purchase Bookstore inventory subject to the following conditions:
1. Course Materials Program Requirements
- a.The vendor shall provide comprehensive course materials services and shall work closely with the University to support all Academic Programs. Kentucky State University Faculty shall have academic freedom in their selection of course materials, and the contractor shall provide all adopted course materials on a timely basis.
- b.Vendor shall provide course materials, including all required, recommended, or suggested course materials and supplies, including textbooks, OER course materials,