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TRANSPORTATIONPENDING

UNLV, TBC Set Long-Term Vegas Loop Station Deal

The Board of Regents of the Nevada System of Higher Education, on behalf of UNLV, is entering into an Operations and Management Agreement and Access License with TBC - The Boring Company to operate, manage, and maintain a Vegas Loop transit station on UNLV property at TBC’s sole cost and expense. The Agreement runs from the operations commencement date through the term of the related Development and Clark County Franchise Agreements, with an optional extension of up to 50 years, and provides UNLV with fare discounts, parking and advertising revenues, and detailed safety, insurance, and decommissioning protections. The access license grants TBC non‑exclusive rights to use the station site while preserving UNLV’s reserved campus and parking authorities.

Document date · June 22, 2026

Issuing agencyNevada System of Higher Education Board of RegentsVendorTbc - the Boring Company

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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
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
TRANSPORTATION
Contract term
Commencing on the Operations Commencement Date and expiring upon expiration of the Development Agreement, with an optional Extension Term of up to fifty (50) years if mutually agreed and if the Franchise Agreement is extended
Renewal
Base term commences on the Operations Commencement Date and is coterminous with the Development Agreement and Clark County Monorail Franchise Agreement; may be extended for a successive term of up to fifty (50) years upon mutual agreement, provided the Franchise Agreement has been extended and Developer is not in default. No unilateral termination for convenience is permitted by Developer; various survival, transition, and decommissioning obligations continue beyond termination.
Document type
Agreement
Source document
Nevada System of Higher Education Agreement Operations and Management Agreement and Access License 2026-06-22

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clark_county_board_of_commissioners_joint_meeting.pdf
AMENDED
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joint_meeting_agenda_clark_county_board_of_commiss.pdf
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AMENDED
Clark County, NevadaMay 3, 2023

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the transportation contract by Nevada System of Higher Education Board of Regents?

Tbc - the Boring Company was awarded this transportation contract by Nevada System of Higher Education Board of Regents, as recorded on June 22, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Nevada System of Higher Education Agreement Operations and Management Agreement and Access License 2026-06-22 (Agreement), dated June 22, 2026 from Nevada System of Higher Education Board of Regents. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tbc - the Boring Company hold?

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