This Pre-Solicitation opportunity was posted on February 2, 2016. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Govt seeks office lease, Las Cruces, NM
Contract Overview
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Project No. 6NM0081 is an award for office space located at 505 S Main St, Las Cruces, NM 88001, granted to Loretto Associates, LP. The agreement covers approximately 10,211 ANSI/BOMA Office Area square feet, which equates to 11,743 rentable square feet. The total contract price is $270,085.61 for a one-year term, with the first four months designated as firm. Financial terms include a total rate of $26.45 per square foot, consisting of $20.09 for shell rent and $6.36 for operating costs. The contract utilizes a discount rate of 5.00% and an escalation rate of 2.50% for both rent and parking. The composite net present value of the offer is calculated at $25.19 per ABOA square foot.
General Info
Agency
Contract Value
$270,085.61Place of Performance
819 Taylor Street, FORT WORTH, TX, 76102, USASet-Aside
Awardee
Loretto Associates, LPAward Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
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