University Of South Florida-Sarasota-Manatee Awards Facilities Contract to Usf Research Foundation (May 2025)
University Of South Florida-Sarasota-ManateeHigher Ed · Sarasota, FL- Disclosed value
- Just under $10M additional cost for amended sublease; prior authorizations of $16.7M and $7.2M for buildouts
- From minutes
- Approved
- May 20, 2025
The 30-second brief
The USF Finance Committee authorized an amendment to the 20-year sublease with the USF Research Foundation to include additional MCOM Infectious Disease research space in the USF Research Park building. The expanded space will add just under $10 million in costs over the remaining 18.5 years, funded by research initiative funds.
Usf Research Foundation holds this facilities contract with University Of South Florida-Sarasota-Manatee.
Term as filed: Remaining 18.5 years of the original 20-year sublease term.
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Contract details
- Contract type
- Facilities
- Amount
- Just under $10M additional cost for amended sublease; prior authorizations of $16.7M and $7.2M for buildouts
- Document date
- May 20, 2025
- Term
- Remaining 18.5 years of the original 20-year sublease term
- Vendor
- Usf Research Foundation
- Source document
- University of South Florida Board of Trustees Finance Committee Minutes 2025-05-20 (Minutes)
Usf Research Foundation's other public contracts
More University Of South Florida-Sarasota-Manatee contracts
Questions about this contract
Who was awarded the facilities contract by University Of South Florida-Sarasota-Manatee?
Usf Research Foundation was awarded this facilities contract by University Of South Florida-Sarasota-Manatee, as recorded on May 20, 2025. The contract value is Just under $10M additional cost for amended sublease; prior authorizations of $16.7M and $7.2M for buildouts.
How much is the Usf Research Foundation contract with University Of South Florida-Sarasota-Manatee worth?
The Usf Research Foundation contract with University Of South Florida-Sarasota-Manatee is valued at Just under $10M additional cost for amended sublease; prior authorizations of $16.7M and $7.2M for buildouts, 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 South Florida Board of Trustees Finance Committee Minutes 2025-05-20 (Minutes), dated May 20, 2025 from University Of South Florida-Sarasota-Manatee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Usf Research Foundation hold?
Usf Research 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.
What is University Of South Florida-Sarasota-Manatee currently buying?
Explore University Of South Florida-Sarasota-Manatee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.