Londonderry Supports Town Build-Lease Office Agreement
- Disclosed value
- $3.9 million total; $2.5 million from the Town, to be repaid through $250,000 lease payments over 10 years; $1.4 million from the District's June 30 fund balance
- From minutes
- Document date
- Jan 15, 2026
The 30-second brief
The Londonderry School Board supported a proposed build/lease agreement with the Town of Londonderry for new School District office space. The $3.9 million project would use $2.5 million in Town funding repaid through $250,000 annual lease payments over 10 years, plus $1.4 million from the District's fund balance, subject to voter approval.
Town of Londonderry holds this facilities contract with Londonderry School District. Its other public contracts on record include work for Town of Litchfield and Town of Weston.
Term as filed: 10-year lease repayment period; long-term build/lease agreement.
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Contract details
- Contract type
- Facilities
- Amount
- $3.9 million total; $2.5 million from the Town, to be repaid through $250,000 lease payments over 10 years; $1.4 million from the District's June 30 fund balance
- Document date
- January 15, 2026
- Term
- 10-year lease repayment period; long-term build/lease agreement
- Vendor
- Town of Londonderry
- Source document
- Londonderry School Board Minutes School Board Meeting and Public Hearing on Operating Budget 2026-01-15 (Minutes)
Town of Londonderry's other public contracts
More Londonderry School District contracts
Questions about this contract
Who was awarded the facilities contract by Londonderry School District?
Town of Londonderry was awarded this facilities contract by Londonderry School District, as recorded on January 15, 2026. The contract value is $3.9 million total; $2.5 million from the Town, to be repaid through $250,000 lease payments over 10 years; $1.4 million from the District's June 30 fund balance.
How much is the Town of Londonderry contract with Londonderry School District worth?
The Town of Londonderry contract with Londonderry School District is valued at $3.9 million total; $2.5 million from the Town, to be repaid through $250,000 lease payments over 10 years; $1.4 million from the District's June 30 fund balance, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Londonderry School Board Minutes School Board Meeting and Public Hearing on Operating Budget 2026-01-15 (Minutes), dated January 15, 2026 from Londonderry School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Town of Londonderry hold?
Town of Londonderry may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Londonderry School District currently buying?
Explore Londonderry School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.