Committee backs $121,750 bonus payment to SREDA
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Description
The Standing Policy Committee on Finance is recommending Council approve a $121,750 bonus payment to SREDA for 2025/2026 performance, along with its 2026 KPIs and targets. The payment supports Saskatoon’s regional economic development initiatives for the 2026 year.
Contract Details
Contract Amount
$121,750
Vendor
SREDA
Agency
City of Saskatoon, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 8, 2026
Contract Term
2026
Renewal Date
2026-12-31
Renewal Info
One-time bonus payment tied to 2025/2026 report and 2026 KPIs; future incentives would require new approvals.
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