FACILITIESAPPROVED

University Of South Florida-Sarasota-Manatee Awards Facilities Contract to Usf Research Foundation (August 2026)

USF plans to renew a 5-year lease with the USF Research Foundation totaling approximately $5.53 million for USF CONNECT space at BPB/3802 Spectrum Boulevard. The agreement maintains key incubator and innovation facilities supporting over 120 ventures.

Document date · August 25, 2026

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Scope & details

The full contract record, as filed.

Contract amount
$5,534,885.57 projected total over 5 years; approximately $1,106,977.11 annually
Contract type
FACILITIES
Contract term
5-year lease renewal commencing November 1, 2026
Renewal date
2031-10-31
Renewal
Lease renewal will run for five years starting November 1, 2026, with 3% annual base rent escalations and operating expense pass-throughs.
Document type
AgendaPacket
Source document
University of South Florida Board of Trustees Finance Committee Meeting Agenda Packet 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

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 August 25, 2026. The contract value is $5,534,885.57 projected total over 5 years; approximately $1,106,977.11 annually.

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 $5,534,885.57 projected total over 5 years; approximately $1,106,977.11 annually, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in University of South Florida Board of Trustees Finance Committee Meeting Agenda Packet 2026-08-25 (AgendaPacket), dated August 25, 2026 from University Of South Florida-Sarasota-Manatee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

View Usf Research Foundation's 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.

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