Prometheus 6

Cutting a School Contract Down to Size
By Colbert I. King
Saturday, June 9, 2007; A17

The story of EdBuild, a Washington nonprofit start-up organization that was awarded a $57.6 million sole-source contract by the soon-to-be-out-of-business D.C. Board of Education, continues this week.

To recap: EdBuild was put together 20 months ago by a group of well-wired civic leaders and was funded generously with venture capital, for the purpose of forming a partnership with the superintendent to transform District public schools.

The speed with which EdBuild got off the ground and lined up at the D.C. treasury's door is breathtaking.