FINANCIAL_SERVICESAPPROVED

Merit Academy Awards Financial Services Contract to ERBOCES (July 2026)

Merit Academy approved a $3 million short-term bridge loan with ERBOCES. The loan has 1% simple interest, becomes available August 1, 2026, and must be repaid by June 15, 2027.

Document date · July 30, 2026

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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
SafeTouch logo
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Scope & details

The full contract record, as filed.

Contract amount
$3 million
Contract type
FINANCIAL_SERVICES
Contract term
Funds available August 1, 2026; to be repaid in full no later than June 15, 2027
Renewal date
2027-06-15
Renewal
One-time short term bridge loan; repayment due in full no later than June 15, 2027. No renewal or extension terms mentioned.
Document type
Minutes
Source document
Merit Academy Board Meeting Minutes 2026-07-30

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Merit Academy?

ERBOCES was awarded this financial services contract by Merit Academy, as recorded on July 30, 2026. The contract value is $3 million.

How much is the ERBOCES contract with Merit Academy worth?

The ERBOCES contract with Merit Academy is valued at $3 million, 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 Merit Academy Board Meeting Minutes 2026-07-30 (Minutes), dated July 30, 2026 from Merit Academy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ERBOCES hold?

ERBOCES 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 ERBOCES's profile

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