USM Adjusts NOAA Port Lease Costs
Board Of Trustees-Mississippi State Institutions Of Higher LearningHigher Ed · Jackson, MS- Disclosed value
- $1,472,416.56 annual rent; up to $32,431,591.30 over full term exclusive of adjustments
- From agendapacket
- Document date
- Feb 19, 2026
- Renews
- Free account
The 30-second brief
The University of Southern Mississippi amended its Port of Gulfport lease with NOAA, raising annual rent by $13,209.72 to $1.472 million. The 20-year lease has 15 firm years and CPI-based operating and insurance adjustments.
National Oceanographic & Atmospheric Association (Noaa) holds this facilities contract with Board Of Trustees-Mississippi State Institutions Of Higher Learning. Its other public contracts on record include work for Alcorn State University.
The renewal date is on record. A free account shows it, with the renewals for every Board Of Trustees-Mississippi State Institutions Of Higher Learning contract.
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Contract details
- Contract type
- Facilities
- Amount
- $1,472,416.56 annual rent; up to $32,431,591.30 over full term exclusive of adjustments
- Document date
- February 19, 2026
- Term
- 20 years, with 15 years firm; effective October 1, 2025
- Renews
- Free account
- Vendor
- National Oceanographic & Atmospheric Association (Noaa)
- Source document
- Mississippi Board of Trustees of State Institutions of Higher Learning Board Book 2026-02-19 (AgendaPacket)
National Oceanographic & Atmospheric Association (Noaa)'s other public contracts
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Questions about this contract
Who was awarded the facilities contract by Board Of Trustees-Mississippi State Institutions Of Higher Learning?
National Oceanographic & Atmospheric Association (Noaa) was awarded this facilities contract by Board Of Trustees-Mississippi State Institutions Of Higher Learning, as recorded on February 19, 2026. The contract value is $1,472,416.56 annual rent; up to $32,431,591.30 over full term exclusive of adjustments.
How much is the National Oceanographic & Atmospheric Association (Noaa) contract with Board Of Trustees-Mississippi State Institutions Of Higher Learning worth?
The National Oceanographic & Atmospheric Association (Noaa) contract with Board Of Trustees-Mississippi State Institutions Of Higher Learning is valued at $1,472,416.56 annual rent; up to $32,431,591.30 over full term exclusive of adjustments, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Mississippi Board of Trustees of State Institutions of Higher Learning Board Book 2026-02-19 (AgendaPacket), dated February 19, 2026 from Board Of Trustees-Mississippi State Institutions Of Higher Learning. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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