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Awarded contract·City of Hialeah·Florida

City of Hialeah Educational Academy COHEA

Won by City of Hialeah Educational Academy, Inc.$1.9MSingle Award
Contract source

Awarded vendors

  • City of Hialeah Educational Academy, Inc.

Description

The City of Hialeah Educational Academy User Agreement is a contract between the City of Hialeah and City of Hialeah Educational Academy, Inc. for the use of City-owned properties, including the Police Substation and Carl F Slade Park Recreation Center, for educational purposes. The agreement outlines the terms and conditions of the use, including the payment of a monthly usage fee, staffing, and employee background screening. The contract also includes provisions for insurance, liability, and indemnification. The key aspects of the contract include: • The City of Hialeah grants the City of Hialeah Educational Academy, Inc. the right to use and occupy the designated premises for educational purposes. • The City of Hialeah Educational Academy, Inc. shall pay a monthly usage fee and staffing fees for the use of the premises. • The City of Hialeah shall maintain the premises and provide utilities, while the City of Hialeah Educational Academy, Inc. shall maintain the interior and perform basic maintenance. • The contract includes provisions for liability, indemnification, and insurance, with the City of Hialeah Educational Academy, Inc. required to maintain liability insurance and indemnify the City of Hialeah against any claims or damages.

Attached files

Key dates

Starts
7/1/2024
Ends
6/30/2025Renews
Duration
1 year

Last updated

Details

Award type
Single Award
Industry
Education
NAICS
611110

Contract value

$1,931,910

The contract value can be estimated based on the monthly usage fee and staffing fees. The monthly usage fee is $1,550 per student, and the staffing fees are not specified. However, the contract also mentions an annual fee of $71,910 for the use of athletic facilities and fields. Assuming an average of 100 students, the total annual revenue from the monthly usage fee would be $1,550 * 100 * 12 = $1,860,000. Adding the annual fee for athletic facilities, the total contract value would be approximately $1,931,910.

AI estimate from the award documents

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