Munster School Town Awards Financial Services Contract to Indiana Nonprofit School Building Corporations (September 2026)
Munster School TownSchool · Munster, IN- Disclosed value
- Not to exceed $62,000,000
- From resolution
- Approved
- Sep 14, 2026
- Renews
- Free account
The 30-second brief
The School Town of Munster adopted a resolution to pursue financing for its district-wide facility improvement and bus, vehicle, and equipment acquisition project. The plan calls for bonds and/or leases with Indiana nonprofit school building corporations, with total principal capped at $62 million.
Indiana Nonprofit School Building Corporations holds this financial services contract with Munster School Town.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $62,000,000
- Document date
- September 14, 2026
- Term
- Maximum term not to exceed 30 years for each lease; bonds not to exceed 20 years from issuance
- Renews
- On record
- Vendor
- Indiana Nonprofit School Building Corporations
- Agency
- Munster School Town
- Source document
- School Town of Munster Resolution Resolution No. 897 2027 Fifteen Year STM District-Wide Facility Improvement and Bus/Vehicle/Equipment Acquisition Project 2026-09-14 (Resolution)
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Questions about this contract
Who was awarded the financial services contract by Munster School Town?
Indiana Nonprofit School Building Corporations was awarded this financial services contract by Munster School Town, as recorded on September 14, 2026. The contract value is Not to exceed $62,000,000.
How much is the Indiana Nonprofit School Building Corporations contract with Munster School Town worth?
The Indiana Nonprofit School Building Corporations contract with Munster School Town is valued at Not to exceed $62,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in School Town of Munster Resolution Resolution No. 897 2027 Fifteen Year STM District-Wide Facility Improvement and Bus/Vehicle/Equipment Acquisition Project 2026-09-14 (Resolution), dated September 14, 2026 from Munster School Town. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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