Per contract with Bright Horizons, ODU is responsible to pay a management fee of $155,000… and 1 more item

Old Dominion University in Virginia has awarded contract PO05438177-V2 to Bright Horizons Children's Centers LLC for the provision of childcare services across two operational centers. The contract, effective September 17, 2026, carries a cumulative value of $333,064.00 and covers fiscal year 2027 operations. Services will be delivered to Shannon Hurt and Wendell Cruz at Building 2 locations. The contract encompasses two primary cost components: a fixed management fee of $155,000 to be paid in twelve monthly installments of $8,060 each, and variable monthly operating costs projected at $244,404 annually based on fiscal year 2026 invoicing with a five percent cost escalation factor applied.

The operational structure reflects a split billing arrangement between the two childcare centers, with invoices submitted monthly to Old Dominion University for both management fees and operating expenses. The management fee component provides Bright Horizons Children's Centers LLC with predictable monthly compensation, while the operating costs line item covers variable expenditures associated with childcare facility operations during the contract period. Together, these service components establish a comprehensive childcare support arrangement designed to serve Old Dominion University's institutional needs for employee and community childcare services.