College of the Mainland Board of Trustees Agenda Packet 2026-05-18
College Seeks Increase to Weaver Endowment Services Contract
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Description
College of the Mainland is seeking Board approval to increase contract 25-01 with Weaver and Tidwell by $20,000 for a comprehensive endowment trust funds reconciliation and process analysis. The amendment would bring the total not-to-exceed value of the professional services engagement to $793,000 over an estimated six-week project timeline.
Contract Details
Contract Amount
$20,000 (increase; new not-to-exceed total $793,000)
Vendor
WEAVER & TIDWELL
Agency
College Of The Mainland, TX
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 18, 2026
Contract Term
Approximately 6 weeks for this scope, per 4/6/26 SOW timeline
Renewal Info
Amendment increases the existing consulting contract 25-01 by $20,000 to a new not-to-exceed total of $793,000; Foundation intends to request an additional increase in FY 27 for further services subject to budget approval.
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