Follett Higher Education Group Inc. at Renton Technical College

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This Bookstore Operating Agreement is between Renton Technical College (School) and Follett Higher Education Group, LLC. (Follett). It defines the terms for Follett to operate a bookstore for the School, effective from November 1, 2023, to October 31, 2026, with provisions for automatic renewal. Key aspects include Follett's investment in capital equipment, operational responsibilities, exclusive sales rights for traditional bookstore merchandise (with specific exceptions), pricing policies, and a commission structure payable by Follett to the School based on gross revenue. The agreement also details early termination conditions, rights upon termination, insurance requirements, and indemnification.

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This is an Award Notice for a contract granted to Follett Higher Education Group, Inc. by the State of Delaware, Delaware Technical and Community College. The vendor is responsible for managing and operating college-wide bookstore operations across four campuses, providing a comprehensive range of course materials, supplies, merchandise, and related services. The contract is effective from September 9, 2025, through June 30, 2030.

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This Bookstore Operating Agreement outlines the terms between Blackhawk Technical College and Follett Higher Education Group, LLC for the operation of a campus store. The agreement is effective from July 1, 2023, until June 30, 2028, with provisions for two successive one-year renewals. Follett will operate the store with exclusive rights to sell traditional college bookstore merchandise and services. Key financial terms include Follett paying commissions to the School based on various sales categories, a one-time payment of $25,000 from Follett to the School, annual textbook scholarships of $2,500, and Follett committing up to $20,000 for store improvements. The contract also details early termination clauses, rights upon termination, responsibilities of both parties, sales policies, rental program details, insurance, indemnification, and confidentiality terms.

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This Third Amendment extends the Bookstore Operating Agreement between Heartland Community College and Follett Higher Education Group Inc. for five years, from June 1, 2021, to May 31, 2026. It also amends a financial provision, requiring Follett to provide $10,000 annually to the College's foundation.