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Lease agreementapproved

southern-illinois-university-board-of-trustees-meeting-minutes-april-16-17-2025_d83.pdf

SIU renews $6.9M lease with Blessing Hospital

$6,927,997Southern Illinois University-System OfficeBLESSING HOSPITALApril 17, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

SIU School of Medicine renews lease with Blessing Hospital for space in Quincy, Illinois, for an initial five-year term with an option for an additional five-year renewal. The total cost is $6.9 million plus $491,436 maintenance costs.

Contract Details

Contract Amount

$6,927,997

Vendor

BLESSING HOSPITAL

Agency

Southern Illinois University-System Office, IL

Contract Type

Lease agreement

Document Date

April 17, 2025

Contract Term

5 year term, option to renew for additional 5

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