Downingtown Area SD Board Meeting Agenda May 13 2026
GASB 75 Valuation Services Renewal with Pennsylvania Trust
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Description
The board will renew its agreement with Pennsylvania Trust to provide two GASB 75 OPEB valuations through December 31, 2028, at estimated costs of $8,000 and $8,450. These valuations support the district’s audited financial statements and compliance reporting.
Contract Details
Contract Amount
Estimated cost of 1st valuation $8,000; estimated cost of 2nd valuation $8,450
Vendor
PENNSYLVANIA TRUST
Agency
Downingtown Area SD, PA
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Contract Term
Two required valuations through 12/31/2028
Renewal Date
2028-12-31
Renewal Info
Renewal covers two actuarial valuations of OPEB liabilities through 12/31/2028; future renewals would be required for valuations beyond that date.
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