FINANCIAL_SERVICESONGOING

Projected Loan A Debt Service with Accel

The academy carries a Loan A with Accel, projected at a $867,002 beginning balance and $493,625 ending balance after $373,377 in principal retirement and $213,954 in interest expense. This operator financing is incorporated into the FY2026–FY2029 debt service forecast.

Status
ONGOING
Document date
February 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
ACCEL
Agency
Columbus Arts & Technology Academy · OH

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
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Scope & details

The full contract record, as filed.

Contract amount
Loan A: Beginning balance $867,002; principal retirement $(373,377); ending balance $493,625; interest expense $213,954
Contract type
FINANCIAL_SERVICES
Contract term
FY2026–FY2029 projected debt schedule (multi-year loan repayment)
Renewal
The loan follows a scheduled principal retirement and interest pattern through the forecast period; renewal or refinancing terms are not specified.
Document type
Budget
Source document
Columbus Arts & Technology Academy Budget Forecasted Income Statement 2026-02-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Columbus Arts & Technology Academy?

ACCEL was awarded this financial services contract by Columbus Arts & Technology Academy, as recorded on February 1, 2026. The contract value is Loan A: Beginning balance $867,002; principal retirement $(373,377); ending balance $493,625; interest expense $213,954.

How much is the ACCEL contract with Columbus Arts & Technology Academy worth?

The ACCEL contract with Columbus Arts & Technology Academy is valued at Loan A: Beginning balance $867,002; principal retirement $(373,377); ending balance $493,625; interest expense $213,954, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a budget record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Columbus Arts & Technology Academy Budget Forecasted Income Statement 2026-02-01 (Budget), dated February 1, 2026 from Columbus Arts & Technology Academy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ACCEL hold?

ACCEL may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Columbus Arts & Technology Academy currently buying?

Explore Columbus Arts & Technology Academy's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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