FACILITIESRENEWED

Parking License Renewed for Northington Terrace Spaces

Williamsburg City Council renewed a 59‑month license agreement with the William & Mary Real Estate Foundation for 26 parking spaces on and adjacent to the Northington Parking Terrace serving the VCU Health Center. The agreement sets a rate of $86.26 per space per month with a 3% annual increase and remains in effect as long as the building operates as a medical facility.

Status
RENEWED
Document date
August 13, 2026
Contract type
FACILITIES
Vendor
William & Mary Real Estate Foundation
Agency
Williamsburg Redevelopment & Housing Auth. · VA

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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 amount
$86.26 per space per month with 3% annual increase
Contract type
FACILITIES
Contract term
59 months
Renewal
Renewal of a prior license agreement; term is 59 months aligned with the fiscal year, with a 3% annual rate escalation, and automatic termination if the building ceases to be used as a medical facility.
Document type
Agenda
Source document
City of Williamsburg Agenda 2026-08-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Williamsburg Redevelopment & Housing Auth.?

William & Mary Real Estate Foundation was awarded this facilities contract by Williamsburg Redevelopment & Housing Auth., as recorded on August 13, 2026. The contract value is $86.26 per space per month with 3% annual increase.

How much is the William & Mary Real Estate Foundation contract with Williamsburg Redevelopment & Housing Auth. worth?

The William & Mary Real Estate Foundation contract with Williamsburg Redevelopment & Housing Auth. is valued at $86.26 per space per month with 3% annual increase, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Williamsburg Agenda 2026-08-13 (Agenda), dated August 13, 2026 from Williamsburg Redevelopment & Housing Auth.. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does William & Mary Real Estate Foundation hold?

William & Mary Real Estate 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 William & Mary Real Estate Foundation's profile

What is Williamsburg Redevelopment & Housing Auth. currently buying?

Explore Williamsburg Redevelopment & Housing Auth.'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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