SBE: Sole Source - The College Board (FY27)

This contract awards a sole‑source agreement to The College Board to provide Advanced Placement (AP) exams at a reduced, reimbursable rate for qualifying low‑income students for the Spring‑2027 testing window. The State Board of Education will reimburse the College Board for each reduced‑rate exam actually administered, with a maximum contract value of $2.5 million. The agreement runs from November 1 2026 through June 30 2027, after which no renewal options are provided. Key points: • Scope: AP exam fee reimbursement for low‑income students (maximum $20 per exam, minimum $33 reimbursement to College Board). • Funding: State‑appropriated funds only; no federal or other sources. • Sole‑source justification: The College Board holds the exclusive AP trademark and is the only entity capable of delivering the exams.