The University Of Texas Permian Basin Awards Facilities Contract to 2033 Higher Education Development Foundation (November 2023)

The University of Texas System Board of Regents approved U. T. Austin's execution of a short-term ground lease and related agreements with The 2033 Higher Education Development Foundation for a new multi-functional football training complex. The agreement includes the demolition of an existing building and construction of the new facility, with authority delegated for related legal and ancillary agreements.

Document date · November 15, 2023

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Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

short-term ground lease and ancillary agreements; construction schedule not detailed in minutes

Renewal

First approval; future amendments possible as project progresses. Short-term lease with implied construction phase duration. Delegations allow for execution of any necessary ancillary agreements.

Document type

Minutes

Source document

university_of_texas_system_board_of_regents_minute.pdf

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The University Of Texas Permian Basin, TexasNot to exceed fair market value as determined by independent appraisalJun 28, 2022

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by The University Of Texas Permian Basin?

2033 Higher Education Development Foundation was awarded this facilities contract by The University Of Texas Permian Basin, as recorded on November 15, 2023.

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_texas_system_board_of_regents_minute.pdf (Minutes), dated November 15, 2023 from The University Of Texas Permian Basin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 2033 Higher Education Development Foundation hold?

2033 Higher Education Development Foundation 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 2033 Higher Education Development Foundation's profile

What is The University Of Texas Permian Basin currently buying?

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