Civic Builders Leads Development of Bold Charter Facility
NYC-Build NYC Resource CorporationCity · New York, NY- Disclosed value
- Developer equity contribution $8,000,000; Civic Developer Fee $3,533,750
- From minutes
- Document date
- Mar 25, 2025
The 30-second brief
Civic Builders, Inc. is serving as the turnkey developer for the Bold Charter School facility financed through the Civic Bronx LLC bond issue, contributing $8 million in equity and earning a developer fee of about $3.5 million. The nonprofit will oversee acquisition, demolition, and construction of the new Bronx school.
Civic Builders Inc holds this construction contract with NYC-Build NYC Resource Corporation. Its other public contracts on record include work for Montgomery County Public Schools and Harlem Children's Zone Promise Academy Charter School.
Term as filed: Turnkey development engagement for duration of project and NMTC compliance period.
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Contract details
- Contract type
- Construction
- Amount
- Developer equity contribution $8,000,000; Civic Developer Fee $3,533,750
- Document date
- March 25, 2025
- Term
- Turnkey development engagement for duration of project and NMTC compliance period
- Vendor
- Civic Builders Inc
- Source document
- Build NYC Resource Corporation Minutes of the Board of Directors Meeting 2025-03-25 (Minutes)
Civic Builders Inc's other public contracts
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Questions about this contract
Who was awarded the construction contract by NYC-Build NYC Resource Corporation?
Civic Builders Inc was awarded this construction contract by NYC-Build NYC Resource Corporation, as recorded on March 25, 2025. The contract value is Developer equity contribution $8,000,000; Civic Developer Fee $3,533,750.
How much is the Civic Builders Inc contract with NYC-Build NYC Resource Corporation worth?
The Civic Builders Inc contract with NYC-Build NYC Resource Corporation is valued at Developer equity contribution $8,000,000; Civic Developer Fee $3,533,750, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Build NYC Resource Corporation Minutes of the Board of Directors Meeting 2025-03-25 (Minutes), dated March 25, 2025 from NYC-Build NYC Resource Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Civic Builders Inc hold?
Civic Builders 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.
What is NYC-Build NYC Resource Corporation currently buying?
Explore NYC-Build NYC Resource Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.