FINANCIAL_SERVICESAPPROVED

Mcneese State University Awards Financial Services Contract to Louisiana Public Facilities Authority (April 2026)

The Board of Regents approved Southern University and A&M College's Phase I student housing project to be financed over 40 years through the Louisiana Public Facilities Authority, with a total issuance of about $53 million. The financing will support construction of two new four-story residence halls providing 500 beds for first- and second-year students.

Status
APPROVED
Document date
April 29, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Louisiana Public Facilities Authority
Agency
Mcneese State University · LA

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Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
approximately $53M (Phase I issuance)
Contract type
FINANCIAL_SERVICES
Contract term
40-year financing term
Renewal
Single 40-year public financing term through LPFA for Phase I; no renewal provisions noted.
Document type
Minutes
Source document
Board of Regents Minutes 2026-04-29

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Mcneese State University?

Louisiana Public Facilities Authority was awarded this financial services contract by Mcneese State University, as recorded on April 29, 2026. The contract value is approximately $53M (Phase I issuance).

How much is the Louisiana Public Facilities Authority contract with Mcneese State University worth?

The Louisiana Public Facilities Authority contract with Mcneese State University is valued at approximately $53M (Phase I issuance), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Board of Regents Minutes 2026-04-29 (Minutes), dated April 29, 2026 from Mcneese State University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Louisiana Public Facilities Authority hold?

Louisiana Public Facilities Authority 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 Louisiana Public Facilities Authority's profile

What is Mcneese State University currently buying?

Explore Mcneese State University's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Mcneese State University's profile

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