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Lease-Leaseback

The Lease-Leaseback method for educational facility construction involves a school district leasing property to a developer, who builds a school and then leases it back. This allows the district to spread construction costs through lease payments over time. Legal complexities have increased over the years, prompting legislative amendments requiring a competitive solicitation process based on best value. Contractors must be prequalified, and proposals are evaluated through a sealed bid process. The method aims to reduce risks for school districts, with the builder accountable for meeting a guaranteed maximum price. However, potential drawbacks include legal challenges, higher contract prices, and limitations on skilled workforce availability.

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We provide a comprehensive benefits package. Employees are provided with a variety of medical and dental plans to choose from with 100% employer paid employee coverage and employer supported dependent coverage. We offer Vision, Chiropractic, Life, and an Employee Assistance program as well. Time off benefits include vacation, sick days, holidays, and even your birthday off. We have a traditional 401(k) plan with profit sharing options. Plus more!

Lease-Leaseback

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