Renew Vendor Agreement as required per FS 287, DOE 6A-1.012 and School Board Policy

a. MFB Financial, Inc DBA The Bailey Group Addendum #1: Contract Period is May 30, 2021 through May 30, 2022. The contract period is for 1 year and is the first renewal option for Vendor Agreement.

The District requires Contractor to provide third party administrative services to ensure our staff receives products and services that meet their needs.

The Contractor was Board approved 3/1/2018 and has been used successfully during the past term to provide quality services to the district.

Upon approval by the Board; we expect the Contractor to continue providing quality services at the same terms and conditions of the Vendor Agreement. In addition to the ongoing services, effective June 1, 2021, the Contractor will assume the recurring monthly costs associated with the School Board's benefit administration system (Benefit Focus). Furthermore, the Contractor will continue to sponsor and support the School Board's "Tools 4 Clay Schools Store" in its new permanent location, as well as any related events. Upon approval by the Board; we expect the Contractor to continue providing quality services at the same terms and conditions of the Vendor Agreement. In addition to the ongoing services, effective June 1, 2021, the Contractor will assume the recurring monthly costs associated with the School Board's benefit administration system (Benefit Focus). Furthermore, the Contractor will continue to sponsor and support the School Board's "Tools 4 Clay Schools Store" in its new permanent location, as well as any related events.

Goal 2; Strategy 2.4; Ensure effective and efficient use of resources for fiscal stability.

Extend Agreement as follows:

a. MFB Financial, Inc DBA The Bailey Group Addendum # 1:

• MFB Financial, Inc DBA The Bailey Group, 1200 Plantation Isl Dr S, Ste 210, St. Augustine, FL 32080