City of Boston Awards $12,855,000 Financial Services Contract to Bloomberg Philanthropies (August 2026)

Scope & details

The full contract record, as filed.

Contract amount

$12,855,000.00

Contract type

FINANCIAL_SERVICES

Contract term

FY26 Cycle (2025-2026)

Renewal date

2026-12-31

Renewal

Grant is tied to the FY26 cycle (2025-2026) for the Skilled Trades Initiative, with no explicit renewal language noted in the minutes.

Document type

Minutes

Source document

City of Boston City Council Meeting Minutes 2026-08-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Boston?

Bloomberg Philanthropies was awarded this financial services contract by City of Boston, as recorded on August 26, 2026. The contract value is $12,855,000.00.

How much is the Bloomberg Philanthropies contract with City of Boston worth?

The Bloomberg Philanthropies contract with City of Boston is valued at $12,855,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Boston City Council Meeting Minutes 2026-08-26 (Minutes), dated August 26, 2026 from City of Boston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bloomberg Philanthropies hold?

Bloomberg Philanthropies 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 City of Boston currently buying?

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