PROFESSIONAL_SERVICESAPPROVED

Bronx Preparatory Charter School Awards Professional Services Contract to Charter Impact Llc (May 2026)

Democracy Prep at the Agassi Campus enters into an Independent Consultant Services Agreement with Charter Impact, LLC to provide comprehensive business management, accounting, payroll, HR, and compliance support. Compensation is based on 1.25% of revenue per reporting unit plus per-employee payroll fees, with additional hourly services and capped reimbursable expenses over a base term from May 1, 2026 through June 30, 2029 and automatic one-year renewals thereafter.

Status
APPROVED
Document date
May 1, 2026
Contract type
PROFESSIONAL_SERVICES
Vendor
Charter Impact Llc
Agency
Bronx Preparatory Charter School · NY

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
1.25% of revenue per reporting unit; $79 per employee per month; expedited check fee $75 per check; monthly expenses capped at $500 without prior written approval; one-time $5,000 implementation fee waived; additional services billed at hourly rates ($100–$250/hour)
Contract type
PROFESSIONAL_SERVICES
Contract term
Beginning May 1, 2026 and ending June 30, 2029; automatically renewed for successive one-year terms unless either party gives at least 60 days’ notice before expiration of any term
Renewal date
2029-06-30
Renewal
Initial term runs May 1, 2026 through June 30, 2029 and renews automatically for successive one-year terms unless either party provides at least 60 days’ written notice of intent not to renew before the expiration of any term. Pricing may be increased upon renewal and CI may pass through third-party cost increases during the term.
Document type
Contract
Source document
Bronx Preparatory Charter School Charter Impact, LLC Agreement May 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by Bronx Preparatory Charter School?

Charter Impact Llc was awarded this professional services contract by Bronx Preparatory Charter School, as recorded on May 1, 2026. The contract value is 1.25% of revenue per reporting unit; $79 per employee per month; expedited check fee $75 per check; monthly expenses capped at $500 without prior written approval; one-time $5,000 implementation fee waived; additional services billed at hourly rates ($100–$250/hour).

How much is the Charter Impact Llc contract with Bronx Preparatory Charter School worth?

The Charter Impact Llc contract with Bronx Preparatory Charter School is valued at 1.25% of revenue per reporting unit; $79 per employee per month; expedited check fee $75 per check; monthly expenses capped at $500 without prior written approval; one-time $5,000 implementation fee waived; additional services billed at hourly rates ($100–$250/hour), covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a contract record.

Where was this contract approved?

This contract appears in Bronx Preparatory Charter School Charter Impact, LLC Agreement May 2026 (Contract), dated May 1, 2026 from Bronx Preparatory Charter School. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Charter Impact Llc hold?

Charter Impact Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Charter Impact Llc's profile

What is Bronx Preparatory Charter School currently buying?

Explore Bronx Preparatory Charter School's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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