This Government Contract opportunity from General Services Administration was posted on November 21, 2022. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Award Notice for General Services Administration (GSA): Charleston, SC (1SC2109)
Contract Overview
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The General Services Administration awarded a lease to Venergy Group LLC on November 21, 2022, for the U.S. Geological Survey in North Charleston, South Carolina. The agreement provides 4,388 rentable square feet of space, yielding a minimum of 3,905 ANSI/BOMA square feet of flex, lab, and warehouse space. The lease term is 20 years, with the first 10 years designated as firm. Following the firm term, the government maintains the right to terminate the lease with 90 days written notice to the lessor. Financial terms for the first 10 years consist of an annual rent of 161,960.69 dollars, billed at a monthly rate of 13,496.72 dollars. For years 11 through 20, the annual rent for the fully serviced lease decreases to 143,158.50 dollars, or 11,928.88 dollars per month. The lease commencement is contingent upon the substantial completion and acceptance of government improvements. The facility must adhere to Facility Security Level I standards and specific seismic compliance certifications, while the lessor is subject to general clauses regarding leasehold interests and federal telecommunications prohibitions.
General Info
Contract Value
$2,983,708.28Place of Performance
North Charleston, SC, USASet-Aside
Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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