FINANCIAL_SERVICESAMENDED

Promissory Note with Friends of Excel Amended for Real Estate

Excel Academy Rhode Island Board approved amending a promissory note with Friends of Excel to facilitate a $250,000 deposit and $250,000 for due diligence costs, with the loan maturity date extended to June 30, 2024, to support real estate acquisition efforts for the 1 Baker Street property.

Status
AMENDED
Document date
September 14, 2023
Contract type
FINANCIAL_SERVICES
Vendor
Friends of Excel
Agency
Excel Academy Charter (District) · MA

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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
0% interest, amount up to $250,000 for due diligence plus $250,000 deposit (refundable by schedule)
Contract type
FINANCIAL_SERVICES
Contract term
Promissory Note maturity date extended to June 30, 2024
Renewal date
2024-06-30
Renewal
Extended maturity from original Dec. 31, 2023 to June 30, 2024. Board authorized Treasurer or Chair to execute the amendment as needed.
Document type
Meeting Minutes
Source document
excel-academy-charter-district-meeting-minutes-2023-09-14_e30.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 (District)?

Friends of Excel was awarded this financial services contract by Excel Academy Charter (District), as recorded on September 14, 2023. The contract value is 0% interest, amount up to $250,000 for due diligence plus $250,000 deposit (refundable by schedule).

How much is the Friends of Excel contract with Excel Academy Charter (District) worth?

The Friends of Excel contract with Excel Academy Charter (District) is valued at 0% interest, amount up to $250,000 for due diligence plus $250,000 deposit (refundable by schedule), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in excel-academy-charter-district-meeting-minutes-2023-09-14_e30.pdf (Meeting Minutes), dated September 14, 2023 from Excel Academy Charter (District). 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 (District) currently buying?

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

View Excel Academy Charter (District)'s profile

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