This Government Contract opportunity from General Services Administration was posted on April 9, 2021. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
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The General Services Administration, through the PBS R7 Office of Leasing, has awarded a lease contract to Palacios Cerda & Associates Realty Co for office space located at 220 W Hillside Rd, Suite 3C, Laredo, Texas. The agreement provides 2,567 ANSI/BOMA Office Area square feet for a total contract price of 390,578.65 dollars. The lease term is set for seven years, with the first two years being firm. Financial terms include a total rate of 21.23 dollars per square foot, consisting of 13.09 dollars for shell rent and 8.14 dollars for operating costs. The contract specifies a discount rate of 5.00 percent and an escalation rate of 2.50 percent for both rent and parking. The composite net present value of the offer is calculated at 18.04 dollars per square foot.
General Info
Contract Value
$390,578.65Place of Performance
Laredo, TX, USASet-Aside
Award Issued Date
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Timeline
Submission Closed
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