This bill will provide for the rehabilitation of schools failing to meet certain standards. Any schools that have been performing in the either of the two lowest categories for five years will be turned into a turnaround academy. Specific rules will be required to be set by the State Board of Education for the school. The school could be also operated by a specific management team that would have to provide a performance bond in an amount that the board would determine. The performance bond may be terminated if the goals for the school have been met after three years under the special management team.
Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.
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Lance Surety Bond Associates, Inc. is a surety bond agency based out of southeastern Pennsylvania that is able to write all surety bond types in all 50 states. We are dedicated to servicing all of our customers' surety bonding needs throughout the country and guarantee competitive rates, timely responses, and unparalleled customer service.