PROFESSIONAL_SERVICESONGOING

Prospect Schools Charter Management Agreement Ongoing

Brooklyn Prospect Charter School maintains a multi-year charter management agreement with Prospect Schools, Inc., paying $5.98 million in management fees for FY 2022 and $4.30 million for FY 2021. The agreement was amended effective July 1, 2022 to increase the fee rate to 14 percent of designated revenues.

Document date · June 30, 2022

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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
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
$5,981,672 management fee for FY 2022; $4,295,198 for FY 2021
Contract type
PROFESSIONAL_SERVICES
Contract term
Initial five-year agreement effective July 1, 2018; first amendment effective July 1, 2022 increasing fee percentage
Renewal date
2023-06-30
Renewal
Original agreement runs five years from July 1, 2018; a first amendment effective July 1, 2022 increases the fee percentage, implying continuation beyond the initial term.
Document type
Report
Source document
brooklyn-prospect-charter-school-financial-statements-and-uniform-guidance-schedules_fc5.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by Brooklyn Prospect Charter School - Csd 15.2?

Prospect Schools Inc was awarded this professional services contract by Brooklyn Prospect Charter School - Csd 15.2, as recorded on June 30, 2022. The contract value is $5,981,672 management fee for FY 2022; $4,295,198 for FY 2021.

How much is the Prospect Schools Inc contract with Brooklyn Prospect Charter School - Csd 15.2 worth?

The Prospect Schools Inc contract with Brooklyn Prospect Charter School - Csd 15.2 is valued at $5,981,672 management fee for FY 2022; $4,295,198 for FY 2021, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a report record.

Where was this contract approved?

This contract appears in brooklyn-prospect-charter-school-financial-statements-and-uniform-guidance-schedules_fc5.pdf (Report), dated June 30, 2022 from Brooklyn Prospect Charter School - Csd 15.2. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Prospect Schools Inc hold?

Prospect Schools Inc 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 Prospect Schools Inc's profile

What is Brooklyn Prospect Charter School - Csd 15.2 currently buying?

Explore Brooklyn Prospect Charter School - Csd 15.2's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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