FINANCIAL_SERVICESONGOING

District Uses SCAGO Spring Program for Short-Term Debt

Spartanburg School District One utilizes the 2025A SCAGO Spring Debt Program to finance Installment Purchase Revenue Bond principal and interest obligations, issuing $1,024,000 at 5.00% interest maturing March 1, 2026. This short-term borrowing is incorporated into the district’s FY 2025-2026 debt service budget.

Status
ONGOING
Document date
June 9, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Scago Spring Debt Program
Agency
Spartanburg School District 1 · SC

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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
$1,024,000 (principal) plus $40,818 interest
Contract type
FINANCIAL_SERVICES
Contract term
Issued as 2025A SCAGO Spring Debt Program, maturity 3/1/2026
Renewal date
2026-03-01
Document type
Budget
Source document
spartanburg-school-district-1-budget-2025-06-09_723.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Spartanburg School District 1?

Scago Spring Debt Program was awarded this financial services contract by Spartanburg School District 1, as recorded on June 9, 2025. The contract value is $1,024,000 (principal) plus $40,818 interest.

How much is the Scago Spring Debt Program contract with Spartanburg School District 1 worth?

The Scago Spring Debt Program contract with Spartanburg School District 1 is valued at $1,024,000 (principal) plus $40,818 interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a budget record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in spartanburg-school-district-1-budget-2025-06-09_723.pdf (Budget), dated June 9, 2025 from Spartanburg School District 1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Scago Spring Debt Program hold?

Scago Spring Debt Program 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 Scago Spring Debt Program's profile

What is Spartanburg School District 1 currently buying?

Explore Spartanburg School District 1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Spartanburg School District 1's profile

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