Caldwell Transportation Contract - SY24-28

This five‑year agreement provides comprehensive student transportation services for Mountain Home School District #193. Caldwell Transportation Company, Inc. supplies and operates school buses, staff, and equipment, charging mileage‑based rates with CPI adjustments and an alternative payment schedule for school closures. The contract includes strict compliance with Idaho transportation, safety, and background‑check regulations, detailed record‑keeping, and termination provisions for fiscal necessity or cause. • Mileage rates: $5.87 per mile (home‑to‑school) and $2.58 per mile (extra‑curricular); CPI adjustments for years 2‑5. • Monthly invoicing: invoices due by the 8th, payment by the 5th of the following month. • Termination: 30‑day notice with hearing for cause; 10‑day cessation for fiscal necessity. • Renewal: one optional term up to five additional years, subject to board approval.