Town of Monterey Awards Facilities Contract to Signature Health (March 2019)
Town of MontereyCity · TN- Disclosed value
- $16,000/month increasing to $22,500/month; 1.5% annual increases in 2020 and 2021
- From meeting minutes
- Approved
- Mar 4, 2019
- Renews
- Free account
The 30-second brief
The Town of Monterey Board of Mayor and Aldermen approved a 10-year lease with Signature Health for the nursing home facility, increasing monthly rent from $16,000 to $22,500 starting April 1, 2019, with scheduled 1.5% increases in 2020 and 2021. The agreement includes an option for a 10-year renewal with rent subject to renegotiation.
Signature Health holds this facilities contract with Town of Monterey. Its other public contracts on record include work for Buckeye Schools and Buckeye Local Schools.
The renewal date is on record. A free account shows it, with the renewals for every Town of Monterey contract.
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Contract details
- Contract type
- Facilities
- Amount
- $16,000/month increasing to $22,500/month; 1.5% annual increases in 2020 and 2021
- Document date
- March 4, 2019
- Term
- 10-year lease beginning April 1, 2019 with option for 10-year renewal
- Renews
- Free account
- Vendor
- Signature Health
- Agency
- Town of Monterey
- Source document
- town-of-monterey-meeting-minutes-2019-03-04_f9d.pdf (Meeting Minutes)
Signature Health's other public contracts
More Town of Monterey contracts
Questions about this contract
Who was awarded the facilities contract by Town of Monterey?
Signature Health was awarded this facilities contract by Town of Monterey, as recorded on March 4, 2019. The contract value is $16,000/month increasing to $22,500/month; 1.5% annual increases in 2020 and 2021.
How much is the Signature Health contract with Town of Monterey worth?
The Signature Health contract with Town of Monterey is valued at $16,000/month increasing to $22,500/month; 1.5% annual increases in 2020 and 2021, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in town-of-monterey-meeting-minutes-2019-03-04_f9d.pdf (Meeting Minutes), dated March 4, 2019 from Town of Monterey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Signature Health hold?
Signature Health 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 Town of Monterey currently buying?
Explore Town of Monterey's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.