OTHERONGOING

Village Continues Annual Funding for Business Association

The Village of Schaumburg continues its longstanding financial partnership with the Schaumburg Business Association, directing approximately $50,000 in annual business license surcharge revenues to the organization. The SBA invoices the village for sponsored programs and activities, which staff process administratively.

Status
ONGOING
Document date
February 1, 2026
Contract type
OTHER
Vendor
Schaumburg Business Association
Agency
Town of Schaumburg · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
approximately $50,000 annually
Contract type
OTHER
Contract term
Ongoing annual surcharge revenue beginning in 2012
Renewal
Support appears to renew automatically each year through the ongoing $10 business license surcharge implemented in 2012; no discrete end date or formal renewal cycle is stated.
Document type
Report
Source document
Village of Schaumburg Economic Development Monthly Report February 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Schaumburg?

Schaumburg Business Association was awarded this government contract by Town of Schaumburg, as recorded on February 1, 2026. The contract value is approximately $50,000 annually.

How much is the Schaumburg Business Association contract with Town of Schaumburg worth?

The Schaumburg Business Association contract with Town of Schaumburg is valued at approximately $50,000 annually.

What type of contract is this?

This is a government contract, documented as a report record.

Where was this contract approved?

This contract appears in Village of Schaumburg Economic Development Monthly Report February 2026 (Report), dated February 1, 2026 from Town of Schaumburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Schaumburg Business Association hold?

Schaumburg Business Association may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Schaumburg Business Association's profile

What is Town of Schaumburg currently buying?

Explore Town of Schaumburg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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