Per contract with Bright Horizons, ODU is responsible to pay a management fee of $162,750… and 1 more item

Old Dominion University has awarded a childcare services contract to Bright Horizons Children's Centers LLC under Purchase Order PO05438175-V2, effective September 17, 2026. The contract encompasses the operation and management of two childcare centers located at Old Dominion University facilities in Virginia, with services to be delivered to Shannon Hurt and Wendell Cruz. The cumulative contract value is $375,030.63, covering fiscal year 2027 operations.

The contract consists of two primary components: a management fee of $162,750 payable in twelve monthly installments of $5,373.33 each, and monthly operating costs totaling $315,924 based on fiscal year 2026 pro forma actuals plus a five percent increase. Both the management fee and operational costs are invoiced separately for each of the two childcare centers. The contract structure establishes Bright Horizons Children's Centers LLC as the prime contractor responsible for all childcare center operations and management services throughout the fiscal year 2027 performance period.