CONTRACTAPPROVED

Orleans Parish School District Awards Financial Services Contract to Advocates for Academic Excellence in Education (August 2024)

Orleans Parish School District
Disclosed value
Up to $3,767,184.30
From agreement
Approved
Aug 13, 2024

The 30-second brief

What it covers

The Orleans Parish School Board has entered into a revolving loan fund agreement with Advocates for Academic Excellence in Education to provide up to $3,767,184.30 in zero-interest financing for emergency repairs and planned capital improvements at the Katherine C. Johnson Campus. The loan will be repaid from Facility Funds credited to the School Facility Account above the required minimum balance and is secured by that account.

Who holds it

Advocates for Academic Excellence in Education holds this financial services contract with Orleans Parish School District.

What happens next

Term as filed: August 13, 2024 (Closing Date); repayment from Facility Funds until loan fully repaid.

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Contract details

Contract type
Financial Services
Amount
Up to $3,767,184.30
Document date
August 13, 2024
Term
August 13, 2024 (Closing Date); repayment from Facility Funds until loan fully repaid
Source document
Orleans Parish School Board Revolving Loan Fund Agreement 2024-08-13 (Agreement)

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Questions about this contract

Who was awarded the financial services contract by Orleans Parish School District?

Advocates for Academic Excellence in Education was awarded this financial services contract by Orleans Parish School District, as recorded on August 13, 2024. The contract value is Up to $3,767,184.30.

How much is the Advocates for Academic Excellence in Education contract with Orleans Parish School District worth?

The Advocates for Academic Excellence in Education contract with Orleans Parish School District is valued at Up to $3,767,184.30, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Orleans Parish School Board Revolving Loan Fund Agreement 2024-08-13 (Agreement), dated August 13, 2024 from Orleans Parish School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Advocates for Academic Excellence in Education hold?

Advocates for Academic Excellence in Education 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 Orleans Parish School District currently buying?

Explore Orleans Parish School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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