Large Facilities Lease with UMass Building Authority
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Description
The Board of Trustees approved the FY26 facilities agreement with the University of Massachusetts Building Authority, exceeding $500,000 in annual lease fees.
Contract Details
Contract Amount
Varies (annual lease and assessment fees; exceeds $500,000 for FY26)
Vendor
UNIVERSITY OF MASSACHUSETTS BUILDING AUTHORITY
Agency
Salem State University, MA
Contract Type
FACILITIES
Document Date
May 21, 2025
Contract Term
FY26 (July 1, 2025 – June 30, 2026)
Renewal Date
2026-06-30
Renewal Info
Annual renewals supported by board budget approval. Specific renewal/amendment terms not detailed.
More from UNIVERSITY OF MASSACHUSETTS BUILDING AUTHORITY
More from Salem State University
academic_affairs_and_student_success_committee_mee.pdf
finance_facilities_committee_meeting_report_sep_24.pdf
finance_facilities_committee_meeting_report_sep_24.pdf
finance_facilities_committee_meeting_report_sep_24.pdf
salem_state_university_risk_management_and_audit_c.pdf
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