Bloomfield School District Awards Facilities Contract to Bloomfield School Building Corporation (September 2026)

Scope & details

The full contract record, as filed.

Contract amount

Up to $350,000 per payment during renovation, payable semiannually beginning June 30, 2027; thereafter $700,000 per year, payable in semiannual installments of $350,000; annual rent may be reduced after bond sale to debt service plus $6,000 semiannually

Contract type

FACILITIES

Contract term

22 years, beginning on the date the Lessor acquires fee simple title to the real estate and ending the day before the 22-year anniversary of that date

Renewal

Lessee may renew the lease for a further like or lesser term under the same or similar conditions by written notice on a rental payment date before expiration. Lessee also has an option to purchase the leased premises on any rental payment date with 60 days' written notice.

Document type

Contract

Source document

Bloomfield School District Contract Lease Agreement 2026-09-24

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Bloomfield School District Resolution Resolution Determining Need for Project 2026-09-24

PENDING

Bloomfield School District, IndianaSep 24, 2026

Bloomfield School District Resolution Approving Form of Lease 2026-08-27

PENDING

Bloomfield School District, IndianaAug 27, 2026

Bloomfield School District Resolution Reapproving Building Corporation 2026-08-27

APPROVED

Bloomfield School District, IndianaApproximately $5,395,000Aug 27, 2026

bloomfield-r-xiv-school-districtcontract2024-09-26_1a5.pdf

APPROVED

Bloomfield School District, IndianaUp to $325,000 per payment during renovation; $750,000 per year during lease term; semiannual installments of $375,000 after first installment; plus taxes, assessments, and arbitrage-related paymentsSep 26, 2024

bloomfield-r-xiv-school-district-meeting-minutes-2024-08-29_88f.pdf

APPROVED

Bloomfield School District, IndianaApproximately $3,135,000 (aggregate principal amount of Bonds)Aug 29, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Bloomfield School District?

Bloomfield School Building Corporation was awarded this facilities contract by Bloomfield School District, as recorded on September 24, 2026. The contract value is Up to $350,000 per payment during renovation, payable semiannually beginning June 30, 2027; thereafter $700,000 per year, payable in semiannual installments of $350,000; annual rent may be reduced after bond sale to debt service plus $6,000 semiannually.

How much is the Bloomfield School Building Corporation contract with Bloomfield School District worth?

The Bloomfield School Building Corporation contract with Bloomfield School District is valued at Up to $350,000 per payment during renovation, payable semiannually beginning June 30, 2027; thereafter $700,000 per year, payable in semiannual installments of $350,000; annual rent may be reduced after bond sale to debt service plus $6,000 semiannually, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a contract record.

Where was this contract approved?

This contract appears in Bloomfield School District Contract Lease Agreement 2026-09-24 (Contract), dated September 24, 2026 from Bloomfield School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bloomfield School Building Corporation hold?

Bloomfield School Building Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Bloomfield School District currently buying?

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