New York City Awards Trademark License for Merchandise to Daron Worldwide Trading
NYC Tourism + Conventions, Inc., on behalf of the New York City Department of Small Business Services ( SBS ) has awarded a Sole Source License Agreement ( License ), pursuant to Section 1-16 of the Concession Rules of the City of New York, to Daron Worldwide Trading, LLC ( Licensee ) whose address is 24 Stewart Place,…
Source ID: US-NYC-NYCCO-2023-007
Estimated value
As published by the source; may be updated by the buyer.
Scope overview
NYC Tourism + Conventions, Inc., on behalf of the New York City Department of Small Business Services ( SBS ) has awarded a Sole Source License Agreement ( License ), pursuant to Section 1-16 of the Concession Rules of the City of New York, to Daron Worldwide Trading, LLC ( Licensee ) whose address is 24 Stewart Place, Unit 4, Fairfield, NJ 07004, for the non-exclusive use of City-owned trademarks on merchandise.
The Agreement shall commence January 1, 2024, and continue through December 31, 2026, unless sooner terminated pursuant to the terms and conditions of the License. During each year of the term, Licensee shall pay to New York City Tourism+ Conventions the greater of: A royalty rate equal to ten percent (10%) of net sales of licensed products, OR, a guaranteed minimum of sixty-five thousand dollars ($65,000).
The parties have the option of renewing the license agreement on the same mutually agreed [1] upon terms and conditions for a period of two (2) years, through December 31, 2028.
Agency: Small Business Services Vendor: Daron Worldwide Trading, LLC (24 Stewart Place) PIN: NYCCO-2023-007 Request ID: 20260218002 Selection method: Other Notice type: Award Award amount: $195,000.00 Start date: 2026-02-25T00:00:00.000 End date: 2026-02-25T00:00:00.000
Buyer & contacts
Awardees
Tags & Signals
Similar tenders
New York City Awards Trademark License for Merchandise to Torkia International
NYC Tourism + Conventions, on behalf of the Department of Small Business Services, has awarded a sole source license agreement to Torkia International, Inc. for the non-exclusive use of city-owned trademarks on merchandise. The license term runs from January 1, 2025, through December 31, 2027, with an option to renew for an additional two years. The licensee will pay royalties based on a percentage of net sales or an annual guaranteed minimum.
New York City Awards Trademark License for Merchandise to Torkia International
NYC Tourism + Conventions has awarded a sole source license agreement to Torkia International for the non-exclusive use of city-owned trademarks on merchandise. The license term runs from January 2025 through December 2027 with an option to renew for two additional years. The agreement requires annual payments based on a percentage of net sales or a guaranteed minimum of $300,000.
New York City Awards Trademark License for Merchandise to GreenLight Collectibles
NYC Tourism + Conventions, on behalf of the Department of Small Business Services, has awarded a sole source license agreement to GreenLight Collectibles LLC for the non-exclusive use of city-owned trademarks on merchandise. The license term begins on January 1, 2025 and continues through December 31, 2027, with an option to renew for an additional two years. The agreement includes a minimum guarantee payment structure with royalty rates based on sales models.
Keep reading for free. Pay only when you need workspace actions.
This record stays public. Upgrade only when you want alerts, exports, OCR packs, and autopilot workflows inside the private workspace.
Disclaimer: IndexBox Tenders does not issue, announce, or publish this tender. This information is aggregated from publicly available sources and is provided for informational purposes only. IndexBox Tenders is not affiliated with, endorsed by, or acting on behalf of the tender issuer. Users should verify all information directly with the official tender source before making any decisions or taking any action.