CONTRACTAPPROVED

Town of Monterey Awards Facilities Contract to Signature Health (March 2019)

Town of Monterey
Disclosed value
$22,500/month starting April 1, 2019 (previously $16,000/month)
From meeting minutes
Approved
Mar 4, 2019
Renews
Free account

The 30-second brief

What it covers

The Town of Monterey Board approved a 10-year nursing home lease with Signature Health, increasing monthly rent to $22,500 starting April 1, 2019, with scheduled rent escalations in 2020 and 2021. The agreement includes an option for a 10-year renewal with rent subject to renegotiation at that time.

Who holds it

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.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Monterey 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

Contract type
Facilities
Amount
$22,500/month starting April 1, 2019 (previously $16,000/month)
Document date
March 4, 2019
Term
10-year lease starting April 1, 2019, with an option for a 10-year renewal; rent increases 1.5% on January 1, 2020 and January 1, 2021
Renews
Free account
Source document
town-of-monterey-meeting-minutes-2019-03-04_8b3.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 $22,500/month starting April 1, 2019 (previously $16,000/month).

How much is the Signature Health contract with Town of Monterey worth?

The Signature Health contract with Town of Monterey is valued at $22,500/month starting April 1, 2019 (previously $16,000/month), 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_8b3.pdf (Meeting Minutes), dated March 4, 2019 from Town of Monterey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

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.

Work in government? Get Civic IQ free →