University of MSBT|Audit Committee Awards Facilities Contract to SYNTIRO (June 2026)

The Finance, Facilities & Technology Committee approved a lease between the University of Maine at Augusta and Syntiro for space at 125 Community Drive starting October 1, 2026, with up to six years of term. The agreement will generate about $33,540 in first-year rent with 3% escalators and a total potential value of roughly $178,065.

Scope & details

The full contract record, as filed.

Contract amount

approximately $33,540 first year; total potential value about $178,065

Contract type

FACILITIES

Contract term

initial one-year term beginning October 1, 2026, with five additional one-year renewal options (total potential term six years)

Renewal date

2032-09-30

Renewal

Lease consists of an initial one-year term with five additional one-year renewal options at approximately 3% annual rent escalations, for a total potential term of six years.

Document type

Minutes

Source document

University of Maine System Board of Trustees Finance, Facilities & Technology Committee Minutes 2026-06-24

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by University of MSBT|Audit Committee?

SYNTIRO was awarded this facilities contract by University of MSBT|Audit Committee, as recorded on June 24, 2026. The contract value is approximately $33,540 first year; total potential value about $178,065.

How much is the SYNTIRO contract with University of MSBT|Audit Committee worth?

The SYNTIRO contract with University of MSBT|Audit Committee is valued at approximately $33,540 first year; total potential value about $178,065, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in University of Maine System Board of Trustees Finance, Facilities & Technology Committee Minutes 2026-06-24 (Minutes), dated June 24, 2026 from University of MSBT|Audit Committee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does SYNTIRO hold?

SYNTIRO 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 SYNTIRO's profile

What is University of MSBT|Audit Committee currently buying?

Explore University of MSBT|Audit Committee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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