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Board authorizes up to $1.41 million contract for external financial assessment and implementation support
Summary
The board approved a contract with Alvarez & Marsal for a districtwide financial assessment and implementation support, authorizing up to $1,410,000 and allowing early termination by the superintendent if contract goals are met.
The Savannah-Chatham County Board of Education on Nov. 5 approved contracting Alvarez & Marsal Public Sector Services LLC to conduct a comprehensive financial assessment and to provide implementation and project-management support. The board amended the staff'recommended funding and authorized the superintendent to enter a contract for up to $1,410,000.
District staff said the engagement will strengthen financial leadership, develop…
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