university-system-of-maryland-research-centers-agenda-2025-06-04_ff1.pdf
UMGC Ventures: $69M IT contract extension considered
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Description
Approval sought for contract extension with UMGC Ventures, Inc., valued at $69 million for 18 months. Covers comprehensive information technology services, pending UMGC's reintegration of ventures and AccelerEd, LLC. Costs include personnel, operations, and administrative expenses.
Contract Details
Contract Amount
$69 million
Vendor
UMGC VENTURES
Agency
University System Of Maryland-Research Centers, MD
Contract Type
Information Technology
Document Date
June 4, 2025
Contract Term
18 months
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approvedIssuing Agency
University System Of Maryland-Research Centers
Higher Ed
Baltimore, MD
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