CONTRACTAPPROVED

Excel Academy Charter School Awards Financial Services Contract to Friends of Excel (September 2023)

Excel Academy Charter School
Disclosed value
up to $250,000 due diligence budget plus $250,000 deposit (refundable as per schedule)
From meeting minutes
Approved
Sep 14, 2023

The 30-second brief

What it covers

Excel Academy Board approved up to $250,000 for due diligence and a $250,000 refundable deposit, with funding to be made available through a new 0% interest promissory note from Friends of Excel for the potential acquisition of the 1 Baker Street property. The deposit becomes non-refundable in stages through March 2024.

Who holds it

Friends of Excel holds this financial services contract with Excel Academy Charter School. Its other public contracts on record include work for Excel Academy Charter (District) and Excel Academy.

What happens next

Term as filed: deposit schedule: Sept. 18, 2023 (initial), non-refundable portions increase on Dec. 1, 2023; Jan. 1, 2024; Feb. 1, 2024; March 1, 2024. Due diligence & deposit period through March 2024..

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Contract details

Contract type
Financial Services
Amount
up to $250,000 due diligence budget plus $250,000 deposit (refundable as per schedule)
Document date
September 14, 2023
Term
deposit schedule: Sept. 18, 2023 (initial), non-refundable portions increase on Dec. 1, 2023; Jan. 1, 2024; Feb. 1, 2024; March 1, 2024. Due diligence & deposit period through March 2024.
Source document
excel-academy-meeting-minutes-2023-09-14_9d0.pdf (Meeting Minutes)

Friends of Excel's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Excel Academy Charter School?

Friends of Excel was awarded this financial services contract by Excel Academy Charter School, as recorded on September 14, 2023. The contract value is up to $250,000 due diligence budget plus $250,000 deposit (refundable as per schedule).

How much is the Friends of Excel contract with Excel Academy Charter School worth?

The Friends of Excel contract with Excel Academy Charter School is valued at up to $250,000 due diligence budget plus $250,000 deposit (refundable as per schedule), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in excel-academy-meeting-minutes-2023-09-14_9d0.pdf (Meeting Minutes), dated September 14, 2023 from Excel Academy Charter School. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Friends of Excel hold?

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

What is Excel Academy Charter School currently buying?

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

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