This Government Contract opportunity from General Services Administration was posted on August 20, 2019. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Lease Award Synopsis
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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The United States Government has awarded a new lease to 211 Fort Washington Associates in Detroit, Michigan, for the United States Bankruptcy Court. The agreement provides 61,039 rentable square feet, which includes a minimum of 53,077 ANSI/BOMA office area square feet and five structured parking spaces. The lease was established through Full and Open Competition and is managed by the General Services Administration. The financial terms of the fully serviced lease include an annual rent of 1,594,338.68 dollars, broken down into 1,125,559.16 dollars for shell rental and 468,779.52 dollars for operating rent, resulting in a monthly payment of 132,861.56 dollars. The contract spans a total of 15 years, with the first 10 years being firm. The government maintains the option to terminate the lease after July 31, 2029, provided they give the lessor 90 days written notice.
General Info
Contract Value
$31,133,128.7Place of Performance
ILSet-Aside
Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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