This Government Contract opportunity from General Services Administration was posted on August 26, 2021. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Award Notice for General Services Administration (GSA): El Paso, TX (8TX3283)
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 awarded a sole source lease to Whitney Properties, LP on August 25, 2021, for office space located in El Paso, Texas, to support the Drug Enforcement Administration. The agreement covers 8,820 rentable square feet, providing a minimum of 8,465 ANSI/BOMA office area. The lease term is 17 years in total, with the first 15 years designated as firm. Following the firm term, the GSA maintains the right to terminate the lease by providing 90 days of written notice to the lessor. Financial terms for the fully serviced lease include an annual rent of 290,842.74 dollars, billed at 24,236.89 dollars per month for the first 15 years. For years 16 and 17, the annual rent adjusts to 284,181.52 dollars, billed at 23,681.79 dollars per month. The lease commencement is contingent upon the substantial completion and acceptance of the government's required improvements.
General Info
Contract Value
$4,834,056.56Place of Performance
El Paso, TX, USASet-Aside
Award Issued Date
Documents
1AI Contract Breakdown
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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