Contract Information
Contracts, IRS 1099's and Contract Modification Information
Kent ISD Guidelines for Competitive Bids
Each year the State of Michigan Department of Education defines what expenditures for remodeling, procurement of supplies, materials, and equipment must be competitively bid by school districts. Sections 623a, 1267, and 1274 of the Revised School Code establish a base above which competitive bids must be obtained and provide for an increase in the base that corresponds with increases in the Consumer Price Index. For the 2010-11 fiscal year, all expenditures covered by Section 1267 that exceeded $21,308 and all expenditures covered under Sections 623a and 1274 that exceeded $21,308 were required to be competitively bid.
The Kent ISD policy for purchases under the limits set by the State of Michigan Department of Education is as follows:
For purchases expected to cost less than $3,000, Kent ISD staff exercised diligence in attempting to locate the best available value. For purchases likely to fall between $3,000 and the amount requiring a bid, quotations were obtained from at least two vendors, and usually three, in accordance with Board Policy #6320. Whenever possible, local vendors were given an opportunity to provide a price quotation.
There is sometimes a need to modfiy a contract to handle unforseen circumstances, especially in new construction or remodeling.
IRS 1099 Contracts With Experts
Kent ISD brings a wide range of expertise to its operations and the staff who are teaching our children by contracting with individuals who are at the cutting edge of innovation within their field of knowledge. For 2010, the following special projects and services were completed under contracts that exceeded $25,000. These individuals were each issued an IRS 1099 to report the contract reveue.
