This Government Contract opportunity from General Services Administration was posted on February 14, 2020. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Award Notice for Miami, FL - 6FL0456 - EOIR & ICE
Contract Overview
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The General Services Administration has awarded a new lease to Bel Biscayne, LLC for the Executive Office for Immigration Review and U.S. Immigration and Customs Enforcement in Miami, Florida. The agreement covers 122,849 rentable square feet, providing a minimum of 106,875 ANSI/BOMA office area square feet. This lease was established through Full and Open Competition under NAICS code 531120 and spans a firm 17-year term from October 1, 2019, through September 30, 2036. The financial structure of the fully serviced lease involves escalating annual rent payments over four distinct periods. From October 2019 to September 2021, the annual rent is 5,653,510.98 dollars, increasing to 6,045,387.19 dollars from October 2021 to September 2026, then to 6,186,663.54 dollars from October 2026 to September 2031, and finally reaching 6,327,939.89 dollars from October 2031 to September 2036. These payments are divided between a shell rental, which increases periodically over the 17-year term, and a consistent annual operating rent of 1,133,896.27 dollars.
General Info
Contract Value
$104,106,975.06Place of Performance
DCSet-Aside
Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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