This Government Contract opportunity from General Services Administration was posted on May 8, 2020. 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 LiquidSpace, Inc. for 819 ABOA square feet of office space located at 316 W 12th St, Austin, Texas. This agreement was made in response to Request for Lease Proposal No. 0TX2946. The total contract value is 273,780.00 dollars for an 18 month term, which includes a 12 month firm period. The financial structure of the lease is based on a shell rent of 222.86 dollars per square foot, with no additional costs for operations, TIA amortization, or lessor overhead. The agreement includes a discount rate of 5.00 percent and escalation rates of 2.50 percent for both rent and parking. The composite net present value of the offer is calculated at 208.08 dollars per ABOA square foot.
General Info
Contract Value
$273,780Place of Performance
TXSet-Aside
Award Issued Date
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Timeline
Submission Closed
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