FACILITIESAPPROVED

Carmel Clay Schools Awards Facilities Contract to Carmel Clay School Building Corporation (October 2026)

Carmel Clay Schools entered into a 22-year lease with Carmel Clay School Building Corporation for Clay Middle School property and related renovations and improvements. Annual rental payments are capped at $10 million and will support bond-financed acquisition and construction costs.

Document date · October 10, 2026

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
Annual rental amount not to exceed $10,000,000
Contract type
FACILITIES
Contract term
Twenty-two (22) years, beginning on the date all or any portion of the Premises are acquired by the Lessor; terminates earlier upon purchase by the Lessee or payment/defeasance of all secured obligations
Renewal
Lessee may renew the lease for a further like or lesser term under the same or similar conditions by providing written notice before expiration. Lease may also terminate early upon purchase of the Premises or payment or defeasance of all secured obligations.
Document type
Contract
Source document
Carmel Clay Schools Contract Lease Agreement 2026-11-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Carmel Clay Schools?

Carmel Clay School Building Corporation was awarded this facilities contract by Carmel Clay Schools, as recorded on October 10, 2026. The contract value is Annual rental amount not to exceed $10,000,000.

How much is the Carmel Clay School Building Corporation contract with Carmel Clay Schools worth?

The Carmel Clay School Building Corporation contract with Carmel Clay Schools is valued at Annual rental amount not to exceed $10,000,000, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Carmel Clay Schools Contract Lease Agreement 2026-11-04 (Contract), dated October 10, 2026 from Carmel Clay Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Carmel Clay School Building Corporation hold?

Carmel Clay 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.

View Carmel Clay School Building Corporation's profile

What is Carmel Clay Schools currently buying?

Explore Carmel Clay Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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