This Government Contract opportunity was posted on March 14, 2016. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Award Notice, Govt Lease, Baton Rouge, LA
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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This lease agreement, issued under solicitation 4LA0219, awards a contract to Down by the Riverside LP for general office space located at 5757 Corporate Blvd, Baton Rouge, LA. The agreement covers approximately 5,037 ANSI/BOMA Office Area square feet, with a total rentable area of 5,793 square feet. The total contract value is $1,333,948.10 for a 10-year term, which includes an initial five-year firm period. Financial terms include a total rate of $26.48 per square foot, consisting of $22.31 for shell rent and $4.17 for operating costs. The contract specifies 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 $21.82 per usable square foot.
General Info
Agency
Contract Value
$1,333,948.1Place of Performance
Not specifiedSet-Aside
Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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