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Borough Plans $2M Acquisition for Hospital Expansion

Borough of Kenai Peninsula logoBorough of Kenai Peninsula
Disclosed value
$1,980,000 purchase price + up to $50,000 closing/due diligence (total $2,030,000)
From agenda
Document date
Jun 16, 2026

The 30-second brief

What it covers

Kenai Peninsula Borough proposes purchasing two adjacent parcels for $2,030,000 to support medical facility expansion, with the property incorporated into the operating agreement with Central Peninsula General Hospital, Inc.

Who holds it

Central Peninsula General Hospital Inc holds this real estate contract with Borough of Kenai Peninsula.

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Contract details

Contract type
Real Estate
Amount
$1,980,000 purchase price + up to $50,000 closing/due diligence (total $2,030,000)
Document date
June 16, 2026
Vendor
Central Peninsula General Hospital Inc
Agency
Borough of Kenai Peninsula
Source document
Kenai Peninsula Borough Agenda 2026-06-16 (Agenda)

Central Peninsula General Hospital Inc's other public contracts

Borough of Kenai Peninsula, AlaskaHospital Operating Agreement Continues With Central Peninsula General · Oct 20, 2026UndisclosedBorough of Kenai Peninsula, AlaskaPREF Funds Sought for CPH Dermatology Expansion · Aug 15, 2026$2.1MBorough of Kenai Peninsula, AlaskaCPGH Authorized to Develop Dermatology Clinic · Aug 15, 2026$2.9MBorough of Kenai Peninsula, AlaskaOperating Agreement to be Amended with Central Peninsula General Hospital · Jun 16, 2026UndisclosedBorough of Kenai Peninsula, AlaskaOperating Agreement Amended for Hospital Property Expansion · Jun 16, 2026UndisclosedAll Central Peninsula General Hospital Inc contractsVendor profile

More Borough of Kenai Peninsula contracts

Central Peninsula General Hospital IncHospital Operating Agreement Continues With Central Peninsula General · Oct 20, 2026UndisclosedChumley’s IncLandfill Seep Repair Contract Awarded to Chumley’s Inc · Oct 20, 2026$415KFoster Construction LLCLandfill Transfer Site Contract Awarded to Foster Construction · Oct 20, 2026$323KAlaska Demolition LLCBorough Seeks Demolition Award for Fairview Avenue Site · Oct 5, 2026$38.6KAlaska Permanent Capital ManagementInvestment Plan Presentation Scheduled With Alaska Permanent Capital · Oct 5, 2026UndisclosedAll Borough of Kenai Peninsula activityAgency profile

Questions about this contract

Who was awarded the real estate contract by Borough of Kenai Peninsula?

Central Peninsula General Hospital Inc was awarded this real estate contract by Borough of Kenai Peninsula, as recorded on June 16, 2026. The contract value is $1,980,000 purchase price + up to $50,000 closing/due diligence (total $2,030,000).

How much is the Central Peninsula General Hospital Inc contract with Borough of Kenai Peninsula worth?

The Central Peninsula General Hospital Inc contract with Borough of Kenai Peninsula is valued at $1,980,000 purchase price + up to $50,000 closing/due diligence (total $2,030,000), covering real estate work.

What type of contract is this?

This is a Real Estate contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Kenai Peninsula Borough Agenda 2026-06-16 (Agenda), dated June 16, 2026 from Borough of Kenai Peninsula. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Central Peninsula General Hospital Inc hold?

Central Peninsula General Hospital Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Borough of Kenai Peninsula currently buying?

Explore Borough of Kenai Peninsula's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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