PROFESSIONAL_SERVICESAPPROVED

The University Hospital Awards Professional Services Contract to Anchor Health Properties (June 2026)

The University Hospital Board approved entering into a Predevelopment Agreement with Anchor Health Properties for up to $16 million in predevelopment activities for the new Medical Office Building project. Anchor Health Properties will initially fund predevelopment costs under a cost-reimbursement structure, with a master development agreement to be finalized later subject to Board approval.

Status
APPROVED
Document date
June 25, 2026
Contract type
PROFESSIONAL_SERVICES
Vendor
Anchor Health Properties
Agency
The University Hospital · NJ

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

Scope & details

The full contract record, as filed.

Contract amount
Up to $16 million in predevelopment activities; approximately $3.6 million in previously authorized preliminary work funded by state appropriations
Contract type
PROFESSIONAL_SERVICES
Contract term
Through completion of predevelopment phase for the Medical Office Building project (predevelopment activities authorized through at least August 2026 for certain preliminary work)
Renewal
Predevelopment Agreement covers up to $16 million in MOB project predevelopment, building on an existing Cost Reimbursement Agreement and prior authorization for approximately $3.6 million in preliminary work through August 2026; a separate master development agreement will be negotiated and brought back to the Board for approval.
Document type
Resolution
Source document
University Hospital Resolution Approving Predevelopment Agreement for Medical Office Building Development 2026-06-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by The University Hospital?

Anchor Health Properties was awarded this professional services contract by The University Hospital, as recorded on June 25, 2026. The contract value is Up to $16 million in predevelopment activities; approximately $3.6 million in previously authorized preliminary work funded by state appropriations.

How much is the Anchor Health Properties contract with The University Hospital worth?

The Anchor Health Properties contract with The University Hospital is valued at Up to $16 million in predevelopment activities; approximately $3.6 million in previously authorized preliminary work funded by state appropriations, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in University Hospital Resolution Approving Predevelopment Agreement for Medical Office Building Development 2026-06-25 (Resolution), dated June 25, 2026 from The University Hospital. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Anchor Health Properties hold?

Anchor Health Properties 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 Anchor Health Properties's profile

What is The University Hospital currently buying?

Explore The University Hospital's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View The University Hospital's profile

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