UM Partners with Harrison Street on P3 Structuring
University Of Maine-System Central OfficeHigher Ed · Orono, ME- Disclosed value
- $1,700,000 budget gap responsibility (shared structuring with Radnor)
- From minutes
- Document date
- Jun 22, 2022
The 30-second brief
The University of Maine is collaborating with Harrison Street alongside Radnor Property Group LLC on structuring a public‑private partnership for adaptive reuse of Coburn and Holmes Hall. The arrangement addresses a $1.7 million budget gap and targets project completion and hotel opening in late 2023.
Harrison Street holds this facilities contract with University Of Maine-System Central Office. Its other public contracts on record include work for Arkansas State Police Retirement System | State of Arkansas and City of Rockledge.
Term as filed: Closing anticipated August 1, 2022; hotel opening late 2023.
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Contract details
- Contract type
- Facilities
- Amount
- $1,700,000 budget gap responsibility (shared structuring with Radnor)
- Document date
- June 22, 2022
- Term
- Closing anticipated August 1, 2022; hotel opening late 2023
- Vendor
- Harrison Street
- Source document
- university-of-maine-system-finance-facilities-technology-committee-minutes-capital-projects-renovations-it-spending-jun-22-2022_8e1.md (Minutes)
Harrison Street's other public contracts
More University Of Maine-System Central Office contracts
Questions about this contract
Who was awarded the facilities contract by University Of Maine-System Central Office?
Harrison Street was awarded this facilities contract by University Of Maine-System Central Office, as recorded on June 22, 2022. The contract value is $1,700,000 budget gap responsibility (shared structuring with Radnor).
How much is the Harrison Street contract with University Of Maine-System Central Office worth?
The Harrison Street contract with University Of Maine-System Central Office is valued at $1,700,000 budget gap responsibility (shared structuring with Radnor), covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in university-of-maine-system-finance-facilities-technology-committee-minutes-capital-projects-renovations-it-spending-jun-22-2022_8e1.md (Minutes), dated June 22, 2022 from University Of Maine-System Central Office. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Harrison Street hold?
Harrison Street 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 University Of Maine-System Central Office currently buying?
Explore University Of Maine-System Central Office's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.