CONTRACTAPPROVED

Foundation to Process College Corps Stipends

Monterey Peninsula College logoMonterey Peninsula College
Disclosed value
7% of the total stipend payments processed
From agreement
Approved
Aug 4, 2026
Term
August 9, 2026 through July 31, 2029
Renews
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The 30-second brief

What it covers

Monterey Peninsula College District entered into an MOU with the Monterey Peninsula College Foundation to process and distribute College Corps student stipend payments. The Foundation will be reimbursed for stipend disbursements plus a 7% administrative fee under the agreement, which runs from August 9, 2026 through July 31, 2029.

Who holds it

Monterey Peninsula College Foundation holds this contract with Monterey Peninsula College. Its other public contracts on record include work for City of Seaside.

What happens next

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Contract details

Amount
7% of the total stipend payments processed
Document date
August 4, 2026
Term
August 9, 2026 through July 31, 2029
Renews
On record
Source document
Monterey Peninsula College District Agreement College Corps Student Stipend Processing 2026-08-04 (Agreement)

Monterey Peninsula College Foundation's other public contracts

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Questions about this contract

Who was awarded the government contract by Monterey Peninsula College?

Monterey Peninsula College Foundation was awarded this government contract by Monterey Peninsula College, as recorded on August 4, 2026. The contract value is 7% of the total stipend payments processed.

How much is the Monterey Peninsula College Foundation contract with Monterey Peninsula College worth?

The Monterey Peninsula College Foundation contract with Monterey Peninsula College is valued at 7% of the total stipend payments processed.

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 Monterey Peninsula College District Agreement College Corps Student Stipend Processing 2026-08-04 (Agreement), dated August 4, 2026 from Monterey Peninsula College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Monterey Peninsula College Foundation hold?

Monterey Peninsula College Foundation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Monterey Peninsula College currently buying?

Explore Monterey Peninsula College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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