Auburn University Board of Trustees Agenda Packet 2026-06-05
FTA-Funded Acquisition of Technology Parkway Facility
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Description
Auburn University is acquiring an 11.49-acre property with a 28,955-square-foot building at 177 Technology Parkway for $2.75 million to house the College of Engineering’s Vehicle Research and Innovation Laboratory. The purchase is funded by the Federal Transit Administration, reflecting a federal investment in the facility.
Contract Details
Contract Amount
$2,750,000 (facility acquisition funded by Federal Transit Administration)
Vendor
FEDERAL TRANSIT ADMINISTRATION
Agency
Auburn University At Montgomery, AL
Contract Type
FINANCIAL_SERVICES
Document Date
June 5, 2026
Renewal Info
One-time capital funding for property acquisition; ongoing grant or funding terms are not detailed in the document.
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