CONTRACTAMENDED

Charter One Settlement and Note Default Detailed

Disclosed value: $200,000 initial payment plus $18,500 per month; From report
Document date: Jul 29, 2022

What it covers

American Classical Charter Academy entered into a July 12, 2021 Settlement Agreement with former management company Charter One, LLC, obligating the school to an initial $200,000 payment and ongoing monthly payments of $18,500 totaling $730,424.73. ACCA's failure to pay under the settlement and related promissory notes triggered default notices and litigation.

Who holds it

Charter One LLC holds this consulting contract with Osceola Technical College. Its other public contracts on record include work for American Leadership Academy and Osceola Public Schools.

What happens next

Term as filed: Settlement Agreement dated July 12, 2021, with monthly payments beginning November 1, 2021.

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Contract details

Contract type: Consulting
Amount: $200,000 initial payment plus $18,500 per month
Document date: July 29, 2022
Term: Settlement Agreement dated July 12, 2021, with monthly payments beginning November 1, 2021
Vendor: Charter One LLC
Agency: Osceola Technical College
Source document: division-of-administrative-hearings-final-order-july-29-2022_4e1.pdf (Report)

Charter One LLC's other public contracts

American Leadership Academy, UtahBylaws Recognize Charter One Services Agreement · Oct 21, 2026Undisclosed Osceola Public Schools, NebraskaCharter School Debt Financing From Charter One LLC · Feb 3, 2023 Concord Lake Steam Academy, North CarolinaBoard Approves Charter One Educational Support Engagement · Nov 18, 2022Undisclosed All Charter One LLC contractsVendor profile

More Osceola Technical College contracts

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Questions about this contract

Who was awarded the consulting contract by Osceola Technical College?

Charter One LLC was awarded this consulting contract by Osceola Technical College, as recorded on July 29, 2022. The contract value is $200,000 initial payment plus $18,500 per month.

How much is the Charter One LLC contract with Osceola Technical College worth?

The Charter One LLC contract with Osceola Technical College is valued at $200,000 initial payment plus $18,500 per month, covering consulting work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in division-of-administrative-hearings-final-order-july-29-2022_4e1.pdf (Report), dated July 29, 2022 from Osceola Technical College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Charter One LLC hold?

Charter One LLC 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 Osceola Technical College currently buying?

Explore Osceola Technical College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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