CONTRACTRECOMMENDED

Steel City Academy Recommended for $9.75 Million Remodeling Loan

Indiana Department of Education | State of Indiana logoIndiana Department of Education | State of Indiana
Disclosed value
$9,750,000.00
From report
Document date
Jul 1, 2024

The 30-second brief

What it covers

A $9.75 million construction loan is recommended for Steel City Academy to remodel the former Lincoln School in Gary, creating space for 650 students K-12. CDFI loan funds to supplement.

Who holds it

Steel City Academy holds this construction contract with Indiana Department of Education | State of Indiana. Its other public contracts on record include work for Gary Community School Corporation and Woodland Hills SD.

What happens next

Term as filed: Repayment schedule up to 5 years depending on loan size.

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Contract details

Contract type
Construction
Amount
$9,750,000.00
Document date
July 1, 2024
Term
Repayment schedule up to 5 years depending on loan size
Source document
Indiana Department of Education Report Common School Loan Advancements July 2024 (Report)

Steel City Academy's other public contracts

More Indiana Department of Education | State of Indiana contracts

Questions about this contract

Who was awarded the construction contract by Indiana Department of Education | State of Indiana?

Steel City Academy was awarded this construction contract by Indiana Department of Education | State of Indiana, as recorded on July 1, 2024. The contract value is $9,750,000.00.

How much is the Steel City Academy contract with Indiana Department of Education | State of Indiana worth?

The Steel City Academy contract with Indiana Department of Education | State of Indiana is valued at $9,750,000.00, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a report record.

Where was this contract approved?

This contract appears in Indiana Department of Education Report Common School Loan Advancements July 2024 (Report), dated July 1, 2024 from Indiana Department of Education | State of Indiana. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Steel City Academy hold?

Steel City Academy 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 Indiana Department of Education | State of Indiana currently buying?

Explore Indiana Department of Education | State of Indiana's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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