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FINANCIAL_SERVICESAPPROVED

Auburn University Board of Trustees Agenda Packet 2026-06-05

FTA-Funded Purchase of Technology Parkway Facility

$2,750,000Auburn University At MontgomeryFEDERAL TRANSIT ADMINISTRATIONJune 5, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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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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