Civic IQ
FACILITIESAPPROVED

fy26_all_funds_budget.pdf

Large Facilities Lease with UMass Building Authority

Varies (annual lease and assessment fees; exceeds $500,000 for FY26)Salem State UniversityUNIVERSITY OF MASSACHUSETTS BUILDING AUTHORITYMay 21, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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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.

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