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Contract amendment: $60K grant increase for Penny Foundation services

Consent Budget & Finance
$120,000 , Yellow tier ($50,000 to $250,000)

Would increase total grant funding under the existing Penny Foundation agreement to $120,000 to support Innovation Milestones Deliverables. The Foundation would receive up to $12,000 (10%) in administrative fees for managing these grant funds.

Counterparty: The Penny Foundation Funding source: State Grant Action type: Contract amendment

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