Search for new UF president costly

Bernie Machen to stay at urging of Gov. Scott

Headline Goes Here John Couwels/CNN

GAINESVILLE, Fla. - The University of Florida's president is staying put, but the search for a successor still wound up costing the school.

UF President Bernie Machen, who has led the school since 2004, agreed this week to remain on the job at the urging of Gov. Rick Scott and the chairman of the university's board.

But the university -- which began a search for a replacement last year -- will pay at least $41,000 to the Miramar Beach firm hired to help find a new president.

UF's contract with Greenwood/Asher & Associates called for a total payment of $95,000 in three installments plus up to $9,500 in expenses.

A university spokeswoman said Wednesday the school does not expect to pay the full amount because the search for a new president was suspended

Copyright 2013 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.