CONTRACTAPPROVED

South Beach Psychiatric Center Awards Financial Services Contract to Walgreens Eastern Co Inc (July 2026)

South Beach Psychiatric Center
Disclosed value
up to $14,000,000 in NMTC authority
From agendapacket
Approved
Jul 8, 2026

The 30-second brief

What it covers

Empire State New Market Corporation is considering a sub-allocation of up to $14 million in New Markets Tax Credits to Walgreens Eastern Co. Inc. to fund equipment, inventory, and working capital at three rural Walgreens stores in Johnstown, Liberty, and Norwich. The transaction will be structured through an ESNMC Subsidiary CDE providing QLICI loans to support continued operations and local jobs.

Who holds it

Walgreens Eastern Co Inc holds this financial services contract with South Beach Psychiatric Center. Its other public contracts on record include work for NY-State-Empire State Development and NYC-Convention Center Development Corporation.

What happens next

Term as filed: Seven-year NMTC compliance period (standard NMTC structure).

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Contract details

Contract type
Financial Services
Amount
up to $14,000,000 in NMTC authority
Document date
July 8, 2026
Term
Seven-year NMTC compliance period (standard NMTC structure)
Source document
Empire State New Market Corporation Agenda Packet 2026-07-08 (AgendaPacket)

Walgreens Eastern Co Inc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by South Beach Psychiatric Center?

Walgreens Eastern Co Inc was awarded this financial services contract by South Beach Psychiatric Center, as recorded on July 8, 2026. The contract value is up to $14,000,000 in NMTC authority.

How much is the Walgreens Eastern Co Inc contract with South Beach Psychiatric Center worth?

The Walgreens Eastern Co Inc contract with South Beach Psychiatric Center is valued at up to $14,000,000 in NMTC authority, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Empire State New Market Corporation Agenda Packet 2026-07-08 (AgendaPacket), dated July 8, 2026 from South Beach Psychiatric Center. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Walgreens Eastern Co Inc hold?

Walgreens Eastern Co Inc 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 South Beach Psychiatric Center currently buying?

Explore South Beach Psychiatric Center's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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