School Facilities Fund Release

The contract award, issued by the School Facilities Aid Program in California, designates the Treasurer of Riverside County as the prime contractor for a school facilities funding release. The award, dated October 22, 2025, involves a single line item for a School Facilities Fund Release with a contract value of $2,849,159.00. The contract is classified as an "Encumbrance Only" type, indicating a financial commitment or reservation of funds for a specific purpose.

The contract appears to be focused on facilitating financial support for school facilities within Riverside County, California. The single line item, priced at $2,849,159.00, suggests a direct fund transfer or allocation mechanism for educational infrastructure development. While specific details about the exact use of funds are not provided, the contract type and governmental organization indicate this is a structured financial transaction aimed at supporting educational facility improvements or expansion in the region.