Big Sky Economic Development Agenda Packet 2026-06-03
Big Sky EDC and EDA Approve 2-Year Management Services Agreement
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Description
The Big Sky Economic Development Corporation Board approved a two-year professional management agreement with Big Sky Economic Development Authority. Under this contract, EDA will provide staffing, management, and administrative support to EDC's lending and membership programs, compensated via monthly reimbursements for actual costs, within SBA guidelines.
Contract Details
Contract Amount
Not to exceed 65 to 75 percent of Big Sky EDC’s income; actual reimbursed expenses (hourly rates to be set)
Vendor
BIG SKY ECONOMIC DEVELOPMENT AUTHORITY
Agency
Big Sky Economic Authority, MT
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 3, 2026
Contract Term
July 1, 2026 to June 30, 2028, with one 2-year renewal option
Renewal Date
2028-06-30
Renewal Info
One 2-year renewal option at the end of the initial term, on the same terms and conditions. Agreement is subject to annual SBA review and pre-approval.
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