Civic IQ
CONTRACTDISCUSSED
Get alerts

Cambridge Reviews MIT PILOT Agreement Through 2044

City of Cambridge logoCity of Cambridge
Disclosed value
FY25 annual PILOT: $2.45M
From minutes
Document date
Apr 30, 2026
Renews
Free account

The 30-second brief

What it covers

Cambridge reviewed MIT’s existing PILOT agreement in its comparison of university contributions. MIT’s 40-year agreement runs from 2005 through 2044 and included a $2.45 million FY2025 contribution.

Who holds it

MIT holds this contract with City of Cambridge. Its other public contracts on record include work for Whiteside County and Kingman Regional Medical Center.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Cambridge contract.

Renewal date on recordLocked

Know when this contract comes back up.

See the renewal date

Free account · 30-second setup · No credit card

Contract details

Amount
FY25 annual PILOT: $2.45M
Document date
April 30, 2026
Term
40-year PILOT agreement from 2005 through 2044
Renews
Free account
Vendor
MIT
Agency
City of Cambridge
Source document
Cambridge Minutes Joint Finance Committee and Economic Development and University Relations Committee 2026-04-30 (Minutes)

MIT's other public contracts

Whiteside County, IllinoisCounty Approves $50,000 ARPA Grant to MIT · Aug 18, 2026$50KKingman Regional Medical Center, ArizonaBoard To Address MIT Research Records Request · Aug 13, 2026UndisclosedWhiteside County, IllinoisCommittee To Consider $50,000 ARPA Grant To MIT · Aug 8, 2026$50KMassHousing, MassachusettsMassHousing Funds MIT Deed Research Extension · Jul 14, 2026University Of Utah, UtahMIT Press Access Supports Urban Design Minor · Jun 29, 2026UndisclosedAll MIT contractsVendor profile

More City of Cambridge contracts

Salas O'brienCambridge Awards Geothermal Feasibility Study to Salas O’Brien · Oct 20, 2026UndisclosedCambridgeside GalleriaCambridgeside Galleria Booked for Anniversary Gala · Oct 14, 2026UndisclosedRkg Associates IncCambridge Housing Ordinance Study Prepared by RKG Associates · Oct 5, 2026UndisclosedMWRACambridge Approves $2.25 Million MWRA Water Purchase · Sep 28, 2026$2.3MMWRACambridge Plans $2.25 Million MWRA Water Purchase · Sep 28, 2026$2.3MAll City of Cambridge activityAgency profile

Questions about this contract

Who was awarded the government contract by City of Cambridge?

MIT was awarded this government contract by City of Cambridge, as recorded on April 30, 2026. The contract value is FY25 annual PILOT: $2.45M.

How much is the MIT contract with City of Cambridge worth?

The MIT contract with City of Cambridge is valued at FY25 annual PILOT: $2.45M.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Cambridge Minutes Joint Finance Committee and Economic Development and University Relations Committee 2026-04-30 (Minutes), dated April 30, 2026 from City of Cambridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does MIT hold?

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

What is City of Cambridge currently buying?

Explore City of Cambridge's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →
More City of Cambridge contracts →Browse all agencies in Massachusetts →