FACILITIESONGOING

Taos Academy Continues Lease-Purchase of Campus Facilities

Taos Academy continues to occupy its Taos campus under an ongoing lease-purchase contract, with a reported remaining balance of $2,010,888 as of June 30. The agreement covers two primary school buildings and surrounding acreage, funded through PSFA lease assistance and state operational funds.

Document date · March 18, 2022

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Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$2,010,888
Contract type
FACILITIES
Renewal
Lease-purchase payments are supported by PSFA Lease Assistance and State Equalization Guarantee; no explicit maturity date is provided, but the plan anticipates continued payments through at least 2023-2024 as part of the five-year facility master plan.
Document type
Report
Source document
New Mexico Public Education Commission 2023 Charter School Renewal Application Part E Facilities March 2022

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by New Mexico Public Education Department?

Taos Academy was awarded this facilities contract by New Mexico Public Education Department, as recorded on March 18, 2022. The contract value is $2,010,888.

How much is the Taos Academy contract with New Mexico Public Education Department worth?

The Taos Academy contract with New Mexico Public Education Department is valued at $2,010,888, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a report record.

Where was this contract approved?

This contract appears in New Mexico Public Education Commission 2023 Charter School Renewal Application Part E Facilities March 2022 (Report), dated March 18, 2022 from New Mexico Public Education Department. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Taos Academy hold?

Taos Academy 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 New Mexico Public Education Department currently buying?

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