UMaine System Amends Online Program Contract With Academic Partnerships
University Of Maine-System Central OfficeHigher Ed · Orono, ME- Disclosed value
- $4 million (last year revenue share); anticipated campus savings of $700,000 to $900,000 each under new model
- From meeting minutes
- Document date
- Apr 12, 2023
- Term
- 10 years (beginning September 2018)
- Renews
- Free account
The 30-second brief
The University of Maine System amended its 10-year contract with Academic Partnerships, transitioning from a revenue-sharing model to a fee-for-service arrangement for online program management. The new arrangement is expected to save each participating campus $700,000 to $900,000, with the contract originally having generated nearly $4 million in annual revenue share costs.
Academic Partnerships holds this professional services contract with University Of Maine-System Central Office. Its other public contracts on record include work for Texas State University and Murray State University.
The renewal date is on record. A free account shows it, with the renewals for every University Of Maine-System Central Office contract.
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Contract details
- Contract type
- Professional Services
- Amount
- $4 million (last year revenue share); anticipated campus savings of $700,000 to $900,000 each under new model
- Document date
- April 12, 2023
- Term
- 10 years (beginning September 2018)
- Renews
- Free account
- Vendor
- Academic Partnerships
- Source document
- university-of-maine-system-central-office-meeting-minutes-2023-04-12_56c.pdf (Meeting Minutes)
Academic Partnerships's other public contracts
More University Of Maine-System Central Office contracts
Questions about this contract
Who was awarded the professional services contract by University Of Maine-System Central Office?
Academic Partnerships was awarded this professional services contract by University Of Maine-System Central Office, as recorded on April 12, 2023. The contract value is $4 million (last year revenue share); anticipated campus savings of $700,000 to $900,000 each under new model.
How much is the Academic Partnerships contract with University Of Maine-System Central Office worth?
The Academic Partnerships contract with University Of Maine-System Central Office is valued at $4 million (last year revenue share); anticipated campus savings of $700,000 to $900,000 each under new model, 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-maine-system-central-office-meeting-minutes-2023-04-12_56c.pdf (Meeting Minutes), dated April 12, 2023 from University Of Maine-System Central Office. 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 Maine-System Central Office currently buying?
Explore University Of Maine-System Central Office's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.