Award
California FOIA #1000035987
MYR 160 Eddy St
Recipient
WILLIAM PENN HOTEL LP
Award Amount
$3,958,725.00
Ceiling
$3,958,725.00
Awarded
April 15, 2025
Identifier
1000035987
The City of MYR (Mayor's Office) issued a purchase order to William Penn Hotel LP for a total of approximately $3.96 million, under a grant contract titled 'MYR 160 Eddy St'. The contract, starting on April 15, 2025, and ending on May 23, 2080, includes multiple payments, with a notable initial award of $3,761,290 and subsequent payments totaling $197,435. The procurement is categorized under grants for higher education, indicating a focus on educational or institutional development. The award is part of a larger, multi-billion dollar contract portfolio related to grants, with the city acting as the grantor. The award involves a single vendor, William Penn Hotel LP, and is associated with a grant solicitation process. The contract's scope appears to be long-term, possibly for a development or service project at Eddy Street, with notable ongoing financial commitments. The award is located within the jurisdiction of the city of MYR, and the country code is 'US'. The NAICS code for the relevant business/industry is not explicitly provided in the source data. Contact information for the buyer is not specified, but the buyer's name is MYR Mayor. The location is associated with the city of MYR, and the awardee is William Penn Hotel LP. Likely competitors for similar awards could include other hotel chains, hospitality service providers, or institutional service companies, but none are explicitly named in the source data.
Description
MYR 160 Eddy St