ContractRevenue Agreement • September 23rd, 2024
Contract Type FiledSeptember 23rd, 2024PROCUREMENT - NEW - REVENUE AGREEMENT* *The Administration is seeking approval to enter into contracts based on the material terms and conditions identified below, subject to final legal review. **S/MBE OR CT-Based Coding: S=Small, M=Minority, W=Woman Owned; C= CT-Based LEARNING MANAGEMENT SOFTWARE No. Contractor Contract No. Approval Amount Term Fund Source Program Director Purpose **S/MBE Or CT-Based 1 Electric Boat Corporation TBD $28,000,000 04/01/24-03/31/29 Revenue Alexandra Hain, Assistant Professor and Principal Investigator This revenue-generating agreement is a partnership between UConn, University of Rhode Island (URI), and Electric Boat to provide scalable support of workforce needs of the submarine industrial base in southern New England. The program expands upon the current UConn-URI Navy STEM coalition, the outreach "arm" of NIUVT. It is anticipated that revenue will be as follows: $5.0m +/- in FY 25, $2.6m +/- in FY26, and $20m +/- in FY27. The funds received wi
ContractRevenue Agreement • September 10th, 2024
Contract Type FiledSeptember 10th, 2024PROCUREMENT - NEW - REVENUE AGREEMENT* *The Administration is seeking approval to enter into contracts based on the material terms and conditions identified below, subject to final legal review. **S/MBE OR CT-Based Coding: S=Small, M=Minority, W=Woman Owned; C= CT-Based LEARNING MANAGEMENT SOFTWARE No. Contractor Contract No. Approval Amount Term Fund Source Program Director Purpose **S/MBE Or CT-Based 1 Electric Boat Corporation TBD $28,000,000 04/01/24-03/31/29 Revenue Alexandra Hain, Assistant Professor and Principal Investigator This revenue-generating agreement is a partnership between UConn, University of Rhode Island (URI), and Electric Boat to provide scalable support of workforce needs of the submarine industrial base in southern New England. The program expands upon the current UConn-URI Navy STEM coalition, the outreach "arm" of NIUVT. It is anticipated that revenue will be as follows: $5.0m +/- in FY 25, $2.6m +/- in FY26, and $20m +/- in FY27. The funds received wi