EDCO Liquidation Comes with a Cost

Bedford’s share of the cost of liquidating the EDCO collaborative is expected to be around $72,000, Superintendent of Schools Philip Conrad told the School Committee Tuesday.

The assessment calculation follows a lease settlement of more than $2 million.

EDCO, an educational collaborative of 16 cities and towns formerly based on Middlesex Turnpike, has ended all programs and services because of financial difficulties.

Conrad said EDCO is “the first collaborative in state history to go out of business without having funds in hand to pay liabilities.”

According to the EDCO website, “The collaborative as an organization will close on June 30.” Conrad said, “That’s the goal for everyone. But if everything went to litigation it could take a long time.”

There are continuing legal actions by some member towns, he said, and the state Department of Elementary and Secondary Education is involved.

Mike Rosenberg can be reached at mike@thebedfordcitizen.org, or 781-983-1763

Keep our journalism strong! Support The Citizen Journalism Fund today. Contact The Bedford Citizen: editor@thebedfordcitizen.org or 781-325-8606

Share your enthusiasm for this article!

Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Inline Feedbacks
View all comments
Would love your thoughts, please comment.x