NKU To Extend and Amend Academic Partnerships Contract Through 2031
- Disclosed value
- AP provides NKU $100,000 annually; Net new revenue 2024–2028 of $38 million to $40 million; Revenue share terms (see notes)
- From meeting minutes
- Document date
- Oct 30, 2023
- Renews
- Free account
The 30-second brief
NKU plans to amend and extend its contract with Academic Partnerships, reducing AP's revenue share and introducing program growth targets, $100,000 annual funding for processing improvements, and a shared debt reconciliation initiative. The new agreement will run from January 2024 through 2031, pending Board approval. This partnership is projected to net NKU $38-$40 million in new revenue from 2024 to 2028.
Academic Partnerships holds this consulting contract with Northern Kentucky University. 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 Northern Kentucky University contract.
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Contract details
- Contract type
- Consulting
- Amount
- AP provides NKU $100,000 annually; Net new revenue 2024–2028 of $38 million to $40 million; Revenue share terms (see notes)
- Document date
- October 30, 2023
- Term
- January 1, 2024 – December 31, 2031 (extended five years from original end date)
- Renews
- Free account
- Vendor
- Academic Partnerships
- Source document
- northern-kentucky-university-meeting-minutes-2023-10-30_697.pdf (Meeting Minutes)
Academic Partnerships's other public contracts
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Questions about this contract
Who was awarded the consulting contract by Northern Kentucky University?
Academic Partnerships was awarded this consulting contract by Northern Kentucky University, as recorded on October 30, 2023. The contract value is AP provides NKU $100,000 annually; Net new revenue 2024–2028 of $38 million to $40 million; Revenue share terms (see notes).
How much is the Academic Partnerships contract with Northern Kentucky University worth?
The Academic Partnerships contract with Northern Kentucky University is valued at AP provides NKU $100,000 annually; Net new revenue 2024–2028 of $38 million to $40 million; Revenue share terms (see notes), covering consulting work.
What type of contract is this?
This is a Consulting contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in northern-kentucky-university-meeting-minutes-2023-10-30_697.pdf (Meeting Minutes), dated October 30, 2023 from Northern Kentucky University. 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 Northern Kentucky University currently buying?
Explore Northern Kentucky University's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.