Oklahoma State Contract With ClassWallet For Emergency Education Grant Programs.pdf

FULLY-EXECUTED-Enterprise-ClassWallet-OEQA-executed-CW-OMES.pdf
Preview of Oklahoma State Contract with ClassWallet for Emergency Education Grant Programs
🔗 Source: oklahoma-council.files.svdcdn.com
📊 Size: 621 KB
👤 Author: Lauren Kelliher
⬇️ Downloads: 113

Summary

This contract outlines an agreement between the State of Oklahoma and Kleo, Inc. d/b/a ClassWallet for the administration and distribution of emergency education relief funds during a national health crisis. The primary objectives are:

1. Establishment of Grant Programs: Create two grant programs totaling $17,350,000.
- Stay in School Program: $9,716,000 for private school tuition up to $6,500 per applicant.
- Bridge the Gap Program: $7,634,000 for educational supplies, materials, and technology with increments of $1,500 per qualified family.

2. Timeline and Payment: Due to the urgent need, the Supplier (ClassWallet) must begin work upon full contract execution, with payment contingent on invoice submission to the Office of Educational Quality and Accountability (OEQA). Invoices are due by 5:00 p.m. CST on December 30, 2020, for awarded grants; unawarded amounts will be refunded by January 30, 2021.

3. Contract Terms and Confidentiality:
- The contract documents attached include general terms, IT terms, and a statement of work.
- Except for confidential information, all contract terms are disclosable without further approval.
- OEQA is the business owner of ClassWallet's solution, and any issues not pertaining to application should be directed to them.

4. Contract Duration and Renewal: The initial contract term ends on December 30, 2020, but may be extended by mutual written agreement for up to 90 days beyond the final renewal term at the existing compensation rate.

5. Responsibilities: The State of Oklahoma (through OMES) is responsible for payment obligations, while OEQA manages grant distribution and ensures application interpretation/enforcement.

Description

The State of Oklahoma contracts with ClassWallet, a company specializing in student-directed grant programs, to aid schools and personnel during the COVID-19 health crisis, ensuring students' educational success through effective program development and administration. The contract, effective August 6, 2020, addresses urgent revenue issues and health threats. It is set to expire on December 30, 2020, with potential extension by mutual agreement.

Technical Information

  • File Format: PDF
  • File Size: 621 KB
  • Pages: 50
  • Language: EN
  • Author: Lauren Kelliher
  • Total Downloads: 113
  • Last Updated: 1 month ago

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