Union Free School District Of The Tarrytowns Awards Financial Services Contract to Siemens Corporation (January 2025)

The Board of Education approved a tax certiorari settlement with Siemens Corporation involving assessment reductions for 2022–2024 and approximately $166,026.95 in school tax refunds. The agreement also commits to a $50,000,000 assessment level for the Siemens Parcel from 2025 through 2027, with refunds paid from the district’s Tax Certiorari Reserve Fund.

Scope & details

The full contract record, as filed.

Contract amount

Approximately $166,026.95 in school tax refunds

Contract type

FINANCIAL_SERVICES

Contract term

Assessment years 2017–2027 (refunds tied to 2022–2023 reductions; 2025–2027 assessments committed at $50,000,000 barring >$1,000,000 capital improvements)

Renewal date

2027-12-31

Renewal

Settlement fixes assessments for 2017–2021, reduces them for 2022–2024, and commits to maintain assessments at $50,000,000 for 2025–2027 unless capital improvements above $1,000,000 occur. No recurring renewal; this is a one-time settlement of past and current assessment years.

Document type

Agenda

Source document

union_free_school_district_of_the_tarrytowns_board.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Union Free School District Of The Tarrytowns?

Siemens Corporation was awarded this financial services contract by Union Free School District Of The Tarrytowns, as recorded on January 16, 2025. The contract value is Approximately $166,026.95 in school tax refunds.

How much is the Siemens Corporation contract with Union Free School District Of The Tarrytowns worth?

The Siemens Corporation contract with Union Free School District Of The Tarrytowns is valued at Approximately $166,026.95 in school tax refunds, 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 union_free_school_district_of_the_tarrytowns_board.pdf (Agenda), dated January 16, 2025 from Union Free School District Of The Tarrytowns. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Siemens Corporation hold?

Siemens Corporation 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 Siemens Corporation's profile

What is Union Free School District Of The Tarrytowns currently buying?

Explore Union Free School District Of The Tarrytowns's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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