Michigan Technological University Awards Construction Contract to Rise Development Llc (August 2023)

Michigan Technological University approved authorization for the President and/or CFO to negotiate and execute a design-build agreement with RISE Development, LLC, for the $62 million East Hall student housing project. RISE Development, LLC was selected through an RFP process for the new campus facility.

Document date · August 3, 2023

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Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $62,000,000

Contract type

CONSTRUCTION

Renewal

None indicated; action covers negotiation and execution of a definitive design-build agreement for the project, with possibility for related future agreements.

Document type

Agenda

Source document

michigan-technological-university-agenda-2023-08-03_f60.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Michigan Technological University?

Rise Development Llc was awarded this construction contract by Michigan Technological University, as recorded on August 3, 2023. The contract value is Not to exceed $62,000,000.

How much is the Rise Development Llc contract with Michigan Technological University worth?

The Rise Development Llc contract with Michigan Technological University is valued at Not to exceed $62,000,000, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in michigan-technological-university-agenda-2023-08-03_f60.pdf (Agenda), dated August 3, 2023 from Michigan Technological University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rise Development Llc hold?

Rise Development Llc 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 Michigan Technological University currently buying?

Explore Michigan Technological University's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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