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FACILITIESAPPROVED

medical-university-of-south-carolina-agenda-2024-10-11_116.pdf

Dental Medicine Lease and Renovation Approved by MUSC Board

$748,173.90 (lease); $3,922,500 (estimated renovation costs)Medical University Of South CarolinaMEDICAL UNIVERSITY HOSPITAL AUTHORITYOctober 11, 2024

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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

The MUSC College of Dental Medicine received approval for a new five-year internal lease from the Medical University Hospital Authority for GPR clinical space in Florence, with lease totaling $748,173.90 and an estimated $3.92 million in renovations. Term starts December 2025 and includes two optional five-year renewals.

Contract Details

Contract Amount

$748,173.90 (lease); $3,922,500 (estimated renovation costs)

Vendor

MEDICAL UNIVERSITY HOSPITAL AUTHORITY

Agency

Medical University Of South Carolina, SC

Contract Type

FACILITIES

Document Date

October 11, 2024

Contract Term

Five (5) years: [Estimated Start December 2025] with two five-year extensions possible

Renewal Date

2030-12-31

Renewal Info

Lease term five years, with two optional five-year extensions at negotiated rates. Major renovation budgeted at $3.92 million.

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