FTA-Funded Purchase of Technology Parkway Facility
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Description
Auburn University authorized acquisition of 11.49 acres and a 28,955-square-foot building at 177 Technology Parkway in Auburn for $2.75 million, funded by the Federal Transit Administration. The facility will house the College of Engineering’s Vehicle Research and Innovation Laboratory.
Contract Details
Contract Amount
$2,750,000
Vendor
FEDERAL TRANSIT ADMINISTRATION
Agency
Auburn University At Montgomery, AL
Contract Type
FINANCIAL_SERVICES
Document Date
June 5, 2026
Renewal Info
One-time, grant-funded capital acquisition; no renewal term is associated with the funding arrangement described.
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