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Salem State University Awards Financial Services Contract to Massachusetts State College Building Authority (May 2025)

Salem State University
Disclosed value
$27,300,000 (BOLD capital project bond issuance; total project cost)
From budget
Approved
May 21, 2025
Renews
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Renewal date on recordLocked

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THE 30-SECOND BRIEF

What it covers

Salem State University authorized Massachusetts State College Building Authority to issue $27.3 million in bonds for the BOLD campus modernization project, with repayment over 30 years.

Who holds it

Massachusetts State College Building Authority holds this financial services contract with Salem State University. Its other public contracts on record include work for Westfield State University and Town of Ashland.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Salem State University contract.

Contract details

Contract type
Financial Services
Amount
$27,300,000 (BOLD capital project bond issuance; total project cost)
Document date
May 21, 2025
Term
30 years (Anticipated bond issuance October 2025 – February 2026, repayment through 2055)
Renews
Free account
Vendor
Massachusetts State College Building Authority
Agency
Salem State University
Source document
fy26_all_funds_budget.pdf (Budget)

Massachusetts State College Building Authority's other public contracts

Westfield State University, MassachusettsMSCBA bond approved for residence hall IT upgrades · May 12, 2026Town of Ashland, MassachusettsStormwater Permit Approved for Warren Conference Center Upgrades · Sep 29, 2025UndisclosedSalem State University, MassachusettsMSCBA issues $27.3M bonds for SSU BOLD project · May 21, 2025$27.3MMassachusetts Department of Higher Education, MassachusettsBHE Approves MSCBA-Financed Westfield Apartments Renovation · May 20, 2025Massachusetts Department of Higher Education, MassachusettsWestfield State housing renovation project approved · May 20, 2025All Massachusetts State College Building Authority contractsVendor profile

More Salem State University contracts

WITHUMSalem State Discusses FY2026 Audit With Withum · May 20, 2026UndisclosedNational Institute for Student Success (Niss)Salem State Continues Student Success Work With NISS · May 20, 2026UndisclosedCambridge TrustCambridge Trust Reviews Salem State Investment Performance · May 20, 2026UndisclosedWITHUMSalem State Approves Withum Auditing Services Through FY2028 · Apr 8, 2026Massachusetts State College Building Authority (Mscba)Salem State Authorizes MSCBA BOLD Project Bond Issuance · Apr 8, 2026All Salem State University activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Salem State University?

Massachusetts State College Building Authority was awarded this financial services contract by Salem State University, as recorded on May 21, 2025. The contract value is $27,300,000 (BOLD capital project bond issuance; total project cost).

How much is the Massachusetts State College Building Authority contract with Salem State University worth?

The Massachusetts State College Building Authority contract with Salem State University is valued at $27,300,000 (BOLD capital project bond issuance; total project cost), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a budget record.

Where was this contract approved?

This contract appears in fy26_all_funds_budget.pdf (Budget), dated May 21, 2025 from Salem State University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Massachusetts State College Building Authority hold?

Massachusetts State College Building Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Salem State University currently buying?

Explore Salem State University's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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