; and (2) provide a copy of the report to each family and educator involved. (b) Investigation The Office of School Security shall complete an investigation of the report not later than 15 days after receiving such report to determine whether the report has merit. (c) Parental notice The school shall inform the parents of the student on whose behalf the report was submitted— (1) whether the investigation has determined a school safety issue exists at the school; and (2) in a case in which the investigation determines that such a safety issue exists, that the parents have an opportunity to enroll in a child safety account. 4. Duties of the Office of the State Superintendent of Education of the District of Columbia The Office of the State Superintendent of Education of the District of Columbia shall— (1) carry out random quarterly audits of child safety accounts to check for fraud; and (2) seek to enter into a contract with a private entity that shall administer the child safety account program under this Act, including— (A) registering vendors that provide the services eligible to be purchased using child safety accounts, including the registering of private schools eligible to participate; and (B) providing verification of purchases by setting up an online platform with registered vendors allowing for instant authorization of such purchases. 5. Administration of program (a) CSA account creation and funding Upon a parent signing an agreement on the proper usage and responsibilities of a child safety account, the private entity that has entered into a contract under section 4(2) shall— (1) create a child safety account for the student of the parent— (A) which the student— (i) is eligible to automatically renew each year until the date on which the student— (I) graduates from a secondary school; (II) is no longer a qualified student; or (III) has turned 18 years of age; and (ii) in a case in which funds remain in the child safety account after the period described in clause (i), may use for postsecondary education