Follett Higher Education Group, LLC at Governors State University

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This contract establishes an agreement between Virginia State University and Follett Higher Education Group, LLC, for the management and operation of the university bookstore. The services include providing textbooks, course materials, general merchandise, marketing, and various support programs like scholarships and event sponsorships. The contract is effective from March 26, 2024, to March 31, 2029, with options for renewal. Financial terms involve a sign-on bonus, guaranteed minimum commissions, and annual program contributions from Follett.

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This Seventh Amendment, effective April 1, 2025, between Montclair State University and Follett Higher Education Group, LLC, extends the termination date of the Bookstore Operating Agreement (RFP 1083W) from June 30, 2025, to June 30, 2026. All other terms of the original agreement and prior amendments remain in effect, with a specified order of precedence for resolving any conflicts.

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This contract details the agreement for Follett Higher Education Group, LLC to exclusively manage the Chico State Campus Store, 'Wildcat Store,' for Associated Students of California State University, Chico. The agreement, starting July 1, 2025, has an initial term of five years with an automatic five-year renewal option. Follett will operate the bookstore, including course materials, general merchandise, and e-commerce, and is responsible for staffing, technology, and compliance. Financial terms include commissions on various sales categories, a renovation investment, one-time contributions, and annual scholarship commitments, alongside specific utility and service reimbursements.

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This document is Amendment #12 to the Bookstore Operating Agreement between California State University East Bay, Foundation Inc. and Follett Higher Education Group, LLC. The amendment extends the agreement for one year, from July 1, 2025, until June 30, 2026. Key changes include a modification to utility expenses, capping Follett's yearly responsibility at $82,000, the deletion of a fixed management fee, and an adjustment to the commission structure for sales (3% up to $2,000,000 and 6% for sales over $2,000,000).