This Government Contract opportunity from General Services Administration was posted on March 5, 2020. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Award Notice for Columbia, SC - 8SC2171 - USMS
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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The General Services Administration has awarded a new lease to Queen Street, LLC for the United States Marshals Service in Columbia, South Carolina. The agreement covers 8,450 rentable square feet, providing a minimum of 8,201 ANSI/BOMA office area square feet. The lease term spans 15 years, from February 1, 2020, through January 31, 2035, with a firm period of 10 years. The government maintains the option to terminate the lease after January 31, 2030, provided a 90-day written notice is given to the lessor. Financial terms for the fully serviced lease vary over the duration of the contract. Following an initial rent-free period from February 1, 2020, to April 30, 2020, the annual rent is set at 228,184.19 dollars from May 1, 2020, through April 30, 2030, and decreases to 190,881.00 dollars annually from May 1, 2030, through January 31, 2035. The total rent is comprised of a shell rental of 109,914.98 dollars annually for the first ten years and 118,300.00 dollars annually for the final five years, combined with a consistent annual operating rent of 72,581.00 dollars throughout the 15-year term.
General Info
Contract Value
$3,179,200.85Place of Performance
DCSet-Aside
Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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