SMEC Reserve Policy Amended to Allow New Facility Acquisition
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Description
The Rochester School Committee approved an amendment to the SMEC Capital Reserve Account policy to increase the maximum reserve to $2 million and allow the acquisition of new facilities or vehicles.
Contract Details
Vendor
SOUTHEASTERN MASSACHUSETTS EDUCATIONAL COLLABORATIVE
Agency
Old Rochester School District, MA
Contract Type
OTHER
Document Date
November 6, 2025
Contract Term
Capital Reserve Account; maximum balance up to $2,000,000; ongoing
Renewal Info
Account terms amended in 2025; ongoing collaborative participation with future amendments subject to vote.
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