Broward Health Medical Center Awards Facilities Contract to Centurion Foundation Inc (November 2025)

The Board adopted Resolution FY26-07 designating the Broward Health North medical office building as a qualifying P3 project and authorizing comprehensive agreements with a Centurion-controlled special purpose entity. The Centurion Foundation Inc. will finance, ground lease, and master lease the facility to the District under long-term agreements tied to 2025A tax-exempt bonds.

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

Ground Lease: 50 years; Facility Lease: 30 years; Tax-exempt bonds 2025A term not specified

Renewal

Ground Lease initial term of 50 years with conditions for early termination and reversion of improvements to the District; Facility Lease term of 30 years with early purchase and termination options tied to payoff of bond-related loan balance; renewal beyond those terms not specified.

Document type

Minutes

Source document

North Broward Hospital District Board Meeting Minutes Nov 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Broward Health Medical Center?

Centurion Foundation Inc was awarded this facilities contract by Broward Health Medical Center, as recorded on November 19, 2025.

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 North Broward Hospital District Board Meeting Minutes Nov 2025 (Minutes), dated November 19, 2025 from Broward Health Medical Center. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Centurion Foundation Inc hold?

Centurion Foundation Inc 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 Centurion Foundation Inc's profile

What is Broward Health Medical Center currently buying?

Explore Broward Health Medical Center's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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Broward Health Medical Center Awards Facilities Contract to Centurion Foundation Inc (November 2025)

Scope & details

Related contracts

Frequently asked questions

Who was awarded the facilities contract by Broward Health Medical Center?

What type of contract is this?

Where was this contract approved?

What other contracts does Centurion Foundation Inc hold?

What is Broward Health Medical Center currently buying?

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