FINANCIAL_SERVICESAWARDED

old_mission_peninsula_school_charter_contract.pdf

Charter School Contract Issued with 3% Administrative Fee

3% of the state school aid payments received by the Academy (annual fee)Old Mission Peninsula SchoolGRAND VALLEY STATE UNIVERSITY BOARD OF TRUSTEESJuly 1, 2025

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Description

Grand Valley State University Board of Trustees awarded a charter contract to Old Mission Peninsula School, establishing it as a public school academy. The university will receive 3% of the school's annual state aid payments for ongoing oversight and authorization. The contract was effective July 1, 2025.

Contract Details

Contract Amount

3% of the state school aid payments received by the Academy (annual fee)

Vendor

GRAND VALLEY STATE UNIVERSITY BOARD OF TRUSTEES

Agency

Old Mission Peninsula School, MI

Contract Type

FINANCIAL_SERVICES

Document Date

July 1, 2025

Contract Term

July 1, 2025 – June 30, 2030 (inferred 5-year standard term; explicit term to be confirmed in Section 12.14, not included due to truncation)

Renewal Info

Contract term ends without further action; reauthorization, renewal, or issuance of new contract possible at fixed-term expiration subject to university review process and standards.

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