FINANCIAL_SERVICESAPPROVED

Orange County Department of Education Awards Financial Services Contract to Hj Sims (February 2026)

Explore Academy’s board approved $750,000 in revenue bonds through HJ Sims in May 2024, with proceeds used partly to repay existing loans and a first $100,000 principal payment due May 25, 2026. The financing carries a 10% interest rate, increasing to 12% upon default.

Status
APPROVED
Document date
February 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Hj Sims
Agency
Orange County Department of Education · CA

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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
$750,000 in revenue bonds; first principal payment $100,000; interest 10% increasing to 12% upon default
Contract type
FINANCIAL_SERVICES
Contract term
First principal payment due May 25, 2026; promissory note terms ongoing until bonds repaid
Renewal date
2026-05-25
Document type
Agenda
Source document
Orange County Board of Education Regular Meeting Agenda February 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Orange County Department of Education?

Hj Sims was awarded this financial services contract by Orange County Department of Education, as recorded on February 2, 2026. The contract value is $750,000 in revenue bonds; first principal payment $100,000; interest 10% increasing to 12% upon default.

How much is the Hj Sims contract with Orange County Department of Education worth?

The Hj Sims contract with Orange County Department of Education is valued at $750,000 in revenue bonds; first principal payment $100,000; interest 10% increasing to 12% upon default, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Orange County Board of Education Regular Meeting Agenda February 2026 (Agenda), dated February 2, 2026 from Orange County Department of Education. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hj Sims hold?

Hj Sims 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 Hj Sims's profile

What is Orange County Department of Education currently buying?

Explore Orange County Department of Education's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Orange County Department of Education's profile

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