District proposes $5.65M security contract to Walden
- Disclosed value
- $5,653,764.48 (annual breakdown: $1,074,819.20 initial year; $1,101,959.04 optional year 1; $1,130,118.08 optional year 2; $1,158,539.20 optional year 3; $1,188,328.96 optional year 4)
- From contract
- Document date
- Apr 29, 2025
- Renews
- Free account
The 30-second brief
Richland School District One administration recommends awarding a five-year, multi-term contract worth $5.65 million to Walden Security for 24/7 campus monitoring and security services districtwide beginning in FY 2025-2026. The agreement includes four optional one-year renewals extending through FY 2029-2030 under RFP 2025-015.
Walden Security holds this professional services contract with Richland School District 1. Its other public contracts on record include work for City of Chattanooga and Lexington-Fayette urban county.
The renewal date is on record. A free account shows it, with the renewals for every Richland School District 1 contract.
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Contract details
- Contract type
- Professional Services
- Amount
- $5,653,764.48 (annual breakdown: $1,074,819.20 initial year; $1,101,959.04 optional year 1; $1,130,118.08 optional year 2; $1,158,539.20 optional year 3; $1,188,328.96 optional year 4)
- Document date
- April 29, 2025
- Term
- Initial term FY 2025-2026 with options to extend up to four one-year renewals, not to exceed FY 2029-2030
- Renews
- Free account
- Vendor
- Walden Security
- Source document
- richland-school-district-1contract2025-04-29_510.pdf (Contract)
Walden Security's other public contracts
More Richland School District 1 contracts
Questions about this contract
Who was awarded the professional services contract by Richland School District 1?
Walden Security was awarded this professional services contract by Richland School District 1, as recorded on April 29, 2025. The contract value is $5,653,764.48 (annual breakdown: $1,074,819.20 initial year; $1,101,959.04 optional year 1; $1,130,118.08 optional year 2; $1,158,539.20 optional year 3; $1,188,328.96 optional year 4).
How much is the Walden Security contract with Richland School District 1 worth?
The Walden Security contract with Richland School District 1 is valued at $5,653,764.48 (annual breakdown: $1,074,819.20 initial year; $1,101,959.04 optional year 1; $1,130,118.08 optional year 2; $1,158,539.20 optional year 3; $1,188,328.96 optional year 4), covering professional services work.
What type of contract is this?
This is a Professional Services contract, documented as a contract record.
Where was this contract approved?
This contract appears in richland-school-district-1contract2025-04-29_510.pdf (Contract), dated April 29, 2025 from Richland School District 1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Walden Security hold?
Walden Security 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 Richland School District 1 currently buying?
Explore Richland School District 1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.