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Board rejects $649,000 rapid financial review contract; asks superintendent to return with alternatives
Summary
The Prince George's County Board of Education voted down a proposed $649,000 contract with Alvarez & Marsal for a rapid financial assessment and instead directed the superintendent to return with alternative vendors, cost options and comparative analyses.
The Prince George's County Board of Education on May 8 rejected a proposed $649,000 contract with Alvarez & Marsal for a "rapid financial assessment and improvement support engagement," and asked Superintendent House to return with alternative vendors, clearer deliverables and comparative cost analyses.
Board members debated whether spending for an external financial review was appropriate while schools face cuts. "This is a contract in the amount of $649,000," Board Member Dr. Moss said. "I think this work makes a lot of sense in terms of what we need to do with finances. I don't…
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