BOCES Property Transfers Structured As Option Credits
Jefferson-Lewis-Hamilton-Herkimer-Oneida BocesSpecial District · Watertown, NY- Disclosed value
- $4,100,000.00 purchase price for Premises 1 (EEC) with credits of $2,770,000.00 for Premises 2, $30,000.00 for Premises 3, and up to $1,300,000.00 in rent credits; $2,770,000.00 purchase price for Premises 2; $30,000.00 purchase price for Premises 3
- From agreement
- Document date
- Jul 1, 2026
The 30-second brief
Through a shared option agreement, BOCES commits to transfer the Boak Center and a nearby vacant parcel to Lewis County as credits toward BOCES’s $4.1 million acquisition of the EEC facility. The structured property swap balances a $1.3 million value difference with rent credits and a cash payment by BOCES.
Jefferson-lewis-hamilton-herkimer-oneida Board of Cooperative Educational Services (Boces) holds this facilities contract with Jefferson-Lewis-Hamilton-Herkimer-Oneida Boces. Its other public contracts on record include work for Indian River Central School District and Town of Tupper Lake.
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Contract details
- Contract type
- Facilities
- Amount
- $4,100,000.00 purchase price for Premises 1 (EEC) with credits of $2,770,000.00 for Premises 2, $30,000.00 for Premises 3, and up to $1,300,000.00 in rent credits; $2,770,000.00 purchase price for Premises 2; $30,000.00 purchase price for Premises 3
- Document date
- July 1, 2026
- Vendor
- Jefferson-lewis-hamilton-herkimer-oneida Board of Cooperative Educational Services (Boces)
- Source document
- Jefferson-Lewis-Hamilton-Herkimer-Oneida BOCES and County of Lewis Lease/Purchase Agreement 2026-07-01 (Agreement)
Jefferson-lewis-hamilton-herkimer-oneida Board of Cooperative Educational Services (Boces)'s other public contracts
More Jefferson-Lewis-Hamilton-Herkimer-Oneida Boces contracts
Questions about this contract
Who was awarded the facilities contract by Jefferson-Lewis-Hamilton-Herkimer-Oneida Boces?
Jefferson-lewis-hamilton-herkimer-oneida Board of Cooperative Educational Services (Boces) was awarded this facilities contract by Jefferson-Lewis-Hamilton-Herkimer-Oneida Boces, as recorded on July 1, 2026. The contract value is $4,100,000.00 purchase price for Premises 1 (EEC) with credits of $2,770,000.00 for Premises 2, $30,000.00 for Premises 3, and up to $1,300,000.00 in rent credits; $2,770,000.00 purchase price for Premises 2; $30,000.00 purchase price for Premises 3.
How much is the Jefferson-lewis-hamilton-herkimer-oneida Board of Cooperative Educational Services (Boces) contract with Jefferson-Lewis-Hamilton-Herkimer-Oneida Boces worth?
The Jefferson-lewis-hamilton-herkimer-oneida Board of Cooperative Educational Services (Boces) contract with Jefferson-Lewis-Hamilton-Herkimer-Oneida Boces is valued at $4,100,000.00 purchase price for Premises 1 (EEC) with credits of $2,770,000.00 for Premises 2, $30,000.00 for Premises 3, and up to $1,300,000.00 in rent credits; $2,770,000.00 purchase price for Premises 2; $30,000.00 purchase price for Premises 3, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Jefferson-Lewis-Hamilton-Herkimer-Oneida BOCES and County of Lewis Lease/Purchase Agreement 2026-07-01 (Agreement), dated July 1, 2026 from Jefferson-Lewis-Hamilton-Herkimer-Oneida Boces. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is Jefferson-Lewis-Hamilton-Herkimer-Oneida Boces currently buying?
Explore Jefferson-Lewis-Hamilton-Herkimer-Oneida Boces's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.