This Government Contract opportunity was posted on April 4, 2017. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
5LA0341- New Orleans, LA Lease Proposal 8946 rsf Office
Contract Overview
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This lease agreement, identified by solicitation number 5LA0341, awards a contract to OCP Office Owner, LLC for office space located at 365 Canal St, New Orleans, LA 70130. The agreement covers approximately 7,779 ANSI/BOMA Office Area square feet, which equates to 8,946 rentable square feet. The total contract value is $1,856,482.15 for a 10-year term, consisting of five firm years. Financial terms include a total rate of $18.47 per square foot, comprising $10.69 for shell rent and $6.58 for operating costs, along with additional allocations for security and amortization. The contract utilizes a discount rate of 5.00% and an escalation rate of 2.50% for both rent and parking. The final offer was evaluated with a composite net present value of $16.08 per ABOA square foot.
General Info
Agency
Contract Value
$1,856,482.15Place of Performance
Not specifiedSet-Aside
Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
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Earlier notices in this NAICS code
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