Compilation of Rules and Regulations of the State of Georgia
Department 691 - RULES OF STATE CHARTER SCHOOLS COMMISSION OF GEORGIA
Chapter 691-2 - PRACTICE AND PROCEDURE
Rule 691-2-.07 - Multi-Year Contracts Beyond Charter Term
Universal Citation: GA Rules and Regs r 691-2-.07
Current through Rules and Regulations filed through March 20, 2024
(1) Required Provisions. State charter schools shall not enter into multi-year contracts that extend beyond the length of their current charter term for the acquisition of goods, materials, services, or supplies unless such contracts contain the following provisions:
(a) The contract shall terminate absolutely
and without further obligation on the part of the charter school at the close
of the fiscal year in which the charter term concludes and at the close of each
succeeding charter term for which the contract may be renewed;
(b) The contract may be renewed only by a
positive action taken by the charter school; and
(c) The contract shall state the total
payment obligation of the charter school for the original contract term and
each renewal shall state the total payment obligation that may be incurred in
subsequent each charter term, if renewed.
(2) Exclusion. This rule shall not apply to multi-year contracts to lease or purchase facilities, vehicles, or capital equipment.
O.C.G.A. §§ 20-2-2083; 2091.
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