Board Reviews Boston University PILOT Agreement Model
Town of WellesleyCity · Wellesley, MA- Disclosed value
- Approximately $100 million over five years
- From minutes
- Document date
- Jul 22, 2026
- Term
- Five years
The 30-second brief
The Board discussed Boston University's new PILOT agreement with the City of Boston as a possible model for future payment-in-lieu-of-taxes discussions. The agreement was reported at approximately $100 million over five years and includes tuition-related benefits for city residents.
Boston University holds this contract with Town of Wellesley. Its other public contracts on record include work for San Ramon Valley Unified and Brookline School District.
Term as filed: Five years.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Amount
- Approximately $100 million over five years
- Document date
- July 22, 2026
- Term
- Five years
- Vendor
- Boston University
- Agency
- Town of Wellesley
- Source document
- Wellesley Select Board Minutes Select Board Retreat 2026-07-22 (Minutes)
Boston University's other public contracts
More Town of Wellesley contracts
Questions about this contract
Who was awarded the government contract by Town of Wellesley?
Boston University was awarded this government contract by Town of Wellesley, as recorded on July 22, 2026. The contract value is Approximately $100 million over five years.
How much is the Boston University contract with Town of Wellesley worth?
The Boston University contract with Town of Wellesley is valued at Approximately $100 million over five years.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Wellesley Select Board Minutes Select Board Retreat 2026-07-22 (Minutes), dated July 22, 2026 from Town of Wellesley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Boston University hold?
Boston University 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 Town of Wellesley currently buying?
Explore Town of Wellesley's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.