FINANCIAL_SERVICESAPPROVED

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

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.

Status
APPROVED
Document date
September 14, 2023
Contract type
FINANCIAL_SERVICES
Vendor
Friends of Excel
Agency
Excel Academy Charter School · TX

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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
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
up to $250,000 due diligence budget plus $250,000 deposit (refundable as per schedule)
Contract type
FINANCIAL_SERVICES
Contract 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.
Renewal date
2024-03-01
Renewal
Promissory note is newly established for this specific transaction; renewal is subject to further Board action if the acquisition progresses.
Document type
Meeting Minutes
Source document
excel-academy-meeting-minutes-2023-09-14_9d0.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

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.

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.

View Friends of Excel's 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.

View Excel Academy Charter School's profile

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