Section 668-2-9 - CHARTER CONTRACT1. Contract requirementOnce an application is approved, the Commission will negotiate a contract with the applicant. The contract must be finalized and signed by authorized representatives of the applicant and the Commission not less than 60 days prior to the opening of the public charter school.
2. Contract contentsThe contract must set forth the rights and responsibilities of the applicant and the Commission, including but not limited to the following elements:
A. The charter school's commitment to comply with applicable federal and state laws and rules;B. The rights of the commission with regard to monitoring and oversight of the charter school, including but not limited to the ability to conduct site visits and inspect records, and any limitations on oversight that may interfere with the independence of the charter school;C. The percentage of per-pupil allocations that the Commission will charge for oversight of the charter school;D. The Commission'sschool-specific expectations for academic and operational performance, based on the performance framework set forth in rule, the RFP and the application;E. The obligation of the Commission to provide prompt notice to the charter school of any perceived deficiencies in performance, operations or legal compliance of the charter school, and a reasonable opportunity for the charter school to contest and/or correct any such deficiencies;F. The standards and processes under which the Commission may pursue revocation of the charter contract;G. Requirements for the Charter School to notify the Commission of specific events including school closures, student or staff injury, financial crises and other significant events that affect the ability of the charter school to comply with laws, rules or the contract; andH. If the applicant is proposing a virtual charter school, the contract provisions required in Title 20-A, section 2408(2).90- 668 C.M.R. ch. 2, § 9