Board Reviews CIBC Financial Advisory Proposal | Alma del Mar Charter School (District) | CIBC (CANADIAN IMPERIAL BANK OF COMMERCE USA PRIVATE WEALTH)

Board Reviews CIBC Financial Advisory Proposal

The Alma del Mar Board reviewed a proposal from CIBC (Canadian Imperial Bank of Commerce USA Private Wealth) for a one-year, $26,250 annual financial advisory contract for the Alma del Mar Foundation and Board. Trustees discussed concerns about cost, service quality, selection process, and contract terms, and decided to seek more information before acting.

Document date · October 22, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$26,250 annually

Contract type

FINANCIAL_SERVICES

Contract term

Proposed one-year financial advisory contract with quarterly reviews

Renewal

Proposed contract would be for one year with quarterly performance reviews and a requested termination clause; action was deferred and no approval was granted at this meeting.

Document type

Minutes

Source document

Alma del Mar Board of Trustees Minutes October 2025 Meeting 2025-10-22

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Alma del Mar Charter School (District)?

Cibc (canadian Imperial Bank of Commerce Usa Private Wealth) was awarded this financial services contract by Alma del Mar Charter School (District), as recorded on October 22, 2025. The contract value is $26,250 annually.

How much is the Cibc (canadian Imperial Bank of Commerce Usa Private Wealth) contract with Alma del Mar Charter School (District) worth?

The Cibc (canadian Imperial Bank of Commerce Usa Private Wealth) contract with Alma del Mar Charter School (District) is valued at $26,250 annually, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Alma del Mar Board of Trustees Minutes October 2025 Meeting 2025-10-22 (Minutes), dated October 22, 2025 from Alma del Mar Charter School (District). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cibc (canadian Imperial Bank of Commerce Usa Private Wealth) hold?

Cibc (canadian Imperial Bank of Commerce Usa Private Wealth) 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 Cibc (canadian Imperial Bank of Commerce Usa Private Wealth)'s profile

What is Alma del Mar Charter School (District) currently buying?

Explore Alma del Mar Charter School (District)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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