CN-480000-IA804-Amend 1.pdf

This document is Amendment No. 1 to Agreement No. IA-803 between the Florida Department of Education and the Florida Education Fund (FEF), a not-for-profit statutory corporation. The agreement involves the Florida Department of Education, located in Tallahassee, Florida, with the FEF's principal office situated at 201 East Kennedy Boulevard, Suite 1525, Tampa, FL 33602.

The amendment focuses on adding Return on Investment (ROI) reporting requirements to the existing agreement. Project recipients are now required to provide quarterly reports to the Executive Office of the Governor and Office of Policy and Budget, detailing the positive returns on investment. These reports must articulate project results, be consistent with expected outcomes, and be submitted within 30 days after each quarter's end. The agreement was originally entered into on September 9, 2016, with an expiration date of June 30, 2019, and allows for potential one-year renewals. All reports are to be submitted to a designated project manager, with the amendment's effective date being the date of signing by both parties.