UMS Amends Online Program Management Contract with Academic Partnerships
University Of Southern MaineHigher Ed · Portland, ME- Disclosed value
- 50% revenue share (just under $4 million in past year)
- From meeting minutes
- Document date
- Apr 12, 2023
- Renews
- Free account
The 30-second brief
The University of Maine System is amending its 10-year contract with Academic Partnerships, its online program manager, from a 50% revenue share model (nearly $4M last year) to a fee-for-service structure. This change aims to deliver per-campus savings between $700,000 and $900,000 starting in FY2024. Three UMS campuses are included under this contract.
Academic Partnerships holds this professional services contract with University Of Southern Maine. Its other public contracts on record include work for University Of Maine-System Central Office and Texas State University.
The renewal date is on record. A free account shows it, with the renewals for every University Of Southern Maine contract.
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Contract details
- Contract type
- Professional Services
- Amount
- 50% revenue share (just under $4 million in past year)
- Document date
- April 12, 2023
- Term
- 10 years (agreement signed September 2018)
- Renews
- Free account
- Vendor
- Academic Partnerships
- Source document
- university-of-southern-mainemeeting-minutes2023-04-12_7fd.pdf (Meeting Minutes)
Academic Partnerships's other public contracts
More University Of Southern Maine contracts
Questions about this contract
Who was awarded the professional services contract by University Of Southern Maine?
Academic Partnerships was awarded this professional services contract by University Of Southern Maine, as recorded on April 12, 2023. The contract value is 50% revenue share (just under $4 million in past year).
How much is the Academic Partnerships contract with University Of Southern Maine worth?
The Academic Partnerships contract with University Of Southern Maine is valued at 50% revenue share (just under $4 million in past year), covering professional services work.
What type of contract is this?
This is a Professional Services contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in university-of-southern-mainemeeting-minutes2023-04-12_7fd.pdf (Meeting Minutes), dated April 12, 2023 from University Of Southern Maine. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Academic Partnerships hold?
Academic Partnerships 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 University Of Southern Maine currently buying?
Explore University Of Southern Maine's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.