Merced College joins UC Merced Promise Housing project

Scope & details

The full contract record, as filed.

Contract amount

$108,557,000 total project budget (including $100,000,000 State grant award allocated $50M to Merced College and $50M to UC Merced, plus $8,557,000 additional Regents-approved funding)

Contract type

FACILITIES

Contract term

30 years, with two optional 10-year extensions for Merced College

Renewal

Agreement provides an initial 30-year term with two optional 10-year extensions at Merced College’s option via the governance structure. At the end of the term, Merced College is entitled to its interest in Promise Housing at fair market value determined through a defined appraisal and condition assessment process; its rights and interests cannot be sold without its acceptance.

Document type

Agreement

Source document

University of California Merced and Merced Community College District Intersegmental Housing Agreement 2026-07-18

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Merced College?

Merced Community College District Merced College was awarded this facilities contract by Merced College, as recorded on July 18, 2026. The contract value is $108,557,000 total project budget (including $100,000,000 State grant award allocated $50M to Merced College and $50M to UC Merced, plus $8,557,000 additional Regents-approved funding).

How much is the Merced Community College District Merced College contract with Merced College worth?

The Merced Community College District Merced College contract with Merced College is valued at $108,557,000 total project budget (including $100,000,000 State grant award allocated $50M to Merced College and $50M to UC Merced, plus $8,557,000 additional Regents-approved funding), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agreement record.

Where was this contract approved?

This contract appears in University of California Merced and Merced Community College District Intersegmental Housing Agreement 2026-07-18 (Agreement), dated July 18, 2026 from Merced College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merced Community College District Merced College hold?

Merced Community College District Merced College may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Merced College currently buying?

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