FACILITIESRECOMMENDED

IU Foundation to Lease DC Facility to Indiana University

The Indiana Commission for Higher Education is recommended to approve a 20-year lease for the Trustees of Indiana University to rent a Washington, D.C. facility from the Indiana University Foundation at $1,350,000 semi-annually, totaling an estimated $54 million. The building will consolidate IU’s Washington-based academic and business operations and provide expanded instructional and engagement space.

Document date · September 18, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
$1,350,000 semi-annually; estimated $54,000,000 over the term of the lease
Contract type
FACILITIES
Contract term
20 years, commencing January 1, 2026
Renewal
Initial lease term is 20 years commencing January 1, 2026; no renewal options or extensions are described in the document.
Document type
Agenda
Source document
indiana_commission_for_higher_education_meeting_ag.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Indiana Commission for Higher Education | State of Indiana?

Indiana University Foundation was awarded this facilities contract by Indiana Commission for Higher Education | State of Indiana, as recorded on September 18, 2025. The contract value is $1,350,000 semi-annually; estimated $54,000,000 over the term of the lease.

How much is the Indiana University Foundation contract with Indiana Commission for Higher Education | State of Indiana worth?

The Indiana University Foundation contract with Indiana Commission for Higher Education | State of Indiana is valued at $1,350,000 semi-annually; estimated $54,000,000 over the term of the lease, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in indiana_commission_for_higher_education_meeting_ag.pdf (Agenda), dated September 18, 2025 from Indiana Commission for Higher Education | State of Indiana. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Indiana University Foundation hold?

Indiana University Foundation 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 Indiana Commission for Higher Education | State of Indiana currently buying?

Explore Indiana Commission for Higher Education | State of Indiana's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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