Suncoast Preparatory Academy Awards Financial Services Contract to New Gs LLC (August 2026)
Suncoast Preparatory AcademySchool · Newport Beach, CA- Disclosed value
- Not to exceed the lesser of (i) $28,000,000.00 of gross receivables value and (ii) $23,800,000.00 of initial purchase (face value)
- From resolution
- Approved
- Aug 17, 2026
The 30-second brief
Suncoast Preparatory Academy approved the sale of receivables to New GS, LLC. The transaction is capped at the lesser of $28,000,000 in gross receivables value or $23,800,000 in initial purchase face value and will occur through one or more purchase agreements.
New Gs LLC holds this financial services contract with Suncoast Preparatory Academy. Its other public contracts on record include work for Sierra Academy Of Expeditionary Learning and Valley Life Charter District.
Term as filed: From time to time; one or more Receivables Purchase Agreements and related Terms Letters.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed the lesser of (i) $28,000,000.00 of gross receivables value and (ii) $23,800,000.00 of initial purchase (face value)
- Document date
- August 17, 2026
- Term
- From time to time; one or more Receivables Purchase Agreements and related Terms Letters
- Vendor
- New Gs LLC
- Source document
- Suncoast Preparatory Academy Resolution Sale of Receivables 2026-08-17 (Resolution)
New Gs LLC's other public contracts
More Suncoast Preparatory Academy contracts
Questions about this contract
Who was awarded the financial services contract by Suncoast Preparatory Academy?
New Gs LLC was awarded this financial services contract by Suncoast Preparatory Academy, as recorded on August 17, 2026. The contract value is Not to exceed the lesser of (i) $28,000,000.00 of gross receivables value and (ii) $23,800,000.00 of initial purchase (face value).
How much is the New Gs LLC contract with Suncoast Preparatory Academy worth?
The New Gs LLC contract with Suncoast Preparatory Academy is valued at Not to exceed the lesser of (i) $28,000,000.00 of gross receivables value and (ii) $23,800,000.00 of initial purchase (face value), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Suncoast Preparatory Academy Resolution Sale of Receivables 2026-08-17 (Resolution), dated August 17, 2026 from Suncoast Preparatory Academy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does New Gs LLC hold?
New Gs 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 Suncoast Preparatory Academy currently buying?
Explore Suncoast Preparatory Academy's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.