School Facilities Fund Release

The contract award, designated as Encumbrance Only 0000003663, is issued by the School Facilities Aid Program to the Treasurer of San Mateo County in California. The contract, dated October 22, 2025, involves a single line item for School Facilities Fund Release with a total contract value of $5,626,489.00. The contract type is classified as "Encumbrance Only," which typically indicates a financial reservation or commitment of funds for a specific purpose.

The primary objective appears to be the release of funds for school facilities, with the entire contract amount of $5,626,489 allocated for this purpose. The contract specifies a single unit of measure with a unit price matching the total contract value, suggesting a comprehensive fund allocation for school infrastructure or facility-related investments within San Mateo County. While specific details about the exact nature of the facilities or the precise use of funds are not provided, the contract represents a significant financial commitment to educational infrastructure support.