Big Sky Economic Development AgendaPacket Joint Board Meeting 2026-06-11
BSED Authority Secures Two-Year Management Services Pact
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Description
The Big Sky Economic Development Corporation approved a two-year professional services agreement with Big Sky Economic Development Authority to provide staffing, fiscal management, and operational support for EDC’s lending and economic development programs. The agreement is effective July 1, 2026, with a potential two-year renewal and monthly reimbursement of direct costs. All terms comply with SBA’s CDC requirements.
Contract Details
Contract Amount
Approximately $45,000-$60,000 per month (estimated); not to exceed 65-75% of EDC’s income
Vendor
BIG SKY ECONOMIC DEVELOPMENT AUTHORITY
Agency
Big Sky Economic Authority, MT
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 11, 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 option for renewal at the expiration of the initial term on the same terms and conditions. Annual review by SBA required.
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