CONTRACTDISCUSSED

Board Discusses Building Loan and Lease Options

Next Generation Academy
Disclosed value
$5-6 million
From minutes
Document date
Jul 16, 2026
Term
10-year lease with a 5-year renewal

The 30-second brief

What it covers

The board discussed a potential $5-6 million loan and lease arrangement for its building project. Dr. Misher said NGA is meeting with four companies and may pursue a long-term lease with a purchase option.

Who holds it

LENDER holds this financial services contract with Next Generation Academy. Its other public contracts on record include work for County of Simcoe and City of Asbury.

What happens next

Term as filed: 10-year lease with a 5-year renewal.

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Contract details

Contract type
Financial Services
Amount
$5-6 million
Document date
July 16, 2026
Term
10-year lease with a 5-year renewal
Vendor
LENDER
Source document
Next Generation Academy Minutes Board of Directors Meeting 2026-07-16 (Minutes)

More Next Generation Academy contracts

Questions about this contract

Who was awarded the financial services contract by Next Generation Academy?

LENDER was awarded this financial services contract by Next Generation Academy, as recorded on July 16, 2026. The contract value is $5-6 million.

How much is the LENDER contract with Next Generation Academy worth?

The LENDER contract with Next Generation Academy is valued at $5-6 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 Next Generation Academy Minutes Board of Directors Meeting 2026-07-16 (Minutes), dated July 16, 2026 from Next Generation Academy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does LENDER hold?

LENDER 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 Next Generation Academy currently buying?

Explore Next Generation Academy's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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