Southborough School District Awards $1,000,000 Financial Services Contract to Massachusetts Water Resources Authority (August 2026)

The Southborough Select Board approved the sale of a $1,000,000 water bond to the Massachusetts Water Resources Authority to fund looping of water mains on Presidential Drive and Fisher Road. The 0% interest loan will be repaid in ten annual $100,000 installments from 2027 through 2036 under a Loan and Financial Assistance Agreement.

Scope & details

The full contract record, as filed.

Contract amount

$1,000,000

Contract type

FINANCIAL_SERVICES

Contract term

Payable without interest August 15, 2027–August 15, 2036

Renewal date

2036-08-15

Renewal

Bond principal is repaid in ten equal installments of $100,000 each year from 2027 through 2036; no interest and no renewal options are indicated.

Document type

Agenda

Source document

Town of Southborough Select Board Agenda 2026-08-11

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Southborough School District?

Massachusetts Water Resources Authority was awarded this financial services contract by Southborough School District, as recorded on August 11, 2026. The contract value is $1,000,000.

How much is the Massachusetts Water Resources Authority contract with Southborough School District worth?

The Massachusetts Water Resources Authority contract with Southborough School District is valued at $1,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Southborough Select Board Agenda 2026-08-11 (Agenda), dated August 11, 2026 from Southborough School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Massachusetts Water Resources Authority hold?

Massachusetts Water Resources Authority 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 Massachusetts Water Resources Authority's profile

What is Southborough School District currently buying?

Explore Southborough School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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