District receives 10-year renewable energy scholarship donation

Homer Central School District entered into an MOU with ACE Development Company, LLC to establish a Renewable Energy Scholarship Program. ACE, through AES, will donate $20,000 over ten years to fund annual $2,000 scholarships for graduating seniors pursuing renewable energy-related post-secondary education.

Scope & details

The full contract record, as filed.

Contract amount

$20,000 (annual $2,000 scholarship over 10 years)

Contract type

OTHER

Contract term

Ten years, from 2026 through 2035; MOU effective from date of last signature until project completion and reporting

Renewal date

2035-12-31

Renewal

The duration of the scholarship is specified as ten years, with 2026 as the first year and 2035 as the last year; any amendments to the MOU must be in writing and executed by both parties. No automatic renewal is stated beyond this 10-year period.

Document type

Agreement

Source document

Homer Central School District Agreement Renewable Energy Scholarship Program 2026-07-23

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APPROVED

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Homer Central School District?

Ace Development Company Llc was awarded this government contract by Homer Central School District, as recorded on July 23, 2026. The contract value is $20,000 (annual $2,000 scholarship over 10 years).

How much is the Ace Development Company Llc contract with Homer Central School District worth?

The Ace Development Company Llc contract with Homer Central School District is valued at $20,000 (annual $2,000 scholarship over 10 years).

What type of contract is this?

This is a government contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Homer Central School District Agreement Renewable Energy Scholarship Program 2026-07-23 (Agreement), dated July 23, 2026 from Homer Central School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ace Development Company Llc hold?

Ace Development Company Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Homer Central School District currently buying?

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