educational_services_agreement_teachers_first_and.pdf
Chatfield School Contracts With Teachers First for Services
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Description
The Chatfield School entered into an Educational Services Agreement with TEACHERS FIRST, Inc. effective March 1, 2025 to provide HR, business/finance, and pupil accounting services. Compensation includes a 2.9% fee on gross payroll plus fixed monthly fees of $5,000 for business services and $1,500 for pupil accounting through June 30, 2028.
Contract Details
Contract Amount
Initial fee waived; 2.9% of gross payroll for ESP/HR Solution; $5,000 monthly for Business, Finance and Accounting Solution; $1,500 monthly for Pupil Accounting/Compliance/Reporting Solution; 3% late charge on late payments
Vendor
TEACHERS FIRST INC
Agency
Chatfield School, MI
Contract Type
PROFESSIONAL_SERVICES
Document Date
March 1, 2025
Contract Term
March 1, 2025 through June 30, 2028, subject to continued Academy contract and funding
Renewal Date
2028-06-30
Renewal Info
Base term runs through June 30, 2028, contingent on continued Academy Board contract and state per pupil funding, and subject to termination provisions for default or other specified events. No automatic renewal terms are specified in the provided text.
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