This Government Contract opportunity from General Services Administration was posted on September 7, 2017. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Solicitation Number 6LA0263 Award Synopsis
Contract Overview
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The General Services Administration has awarded a lease to J.B. Levert Land Co., LLC for 5,118 rentable square feet of office space, providing a minimum of 5,008 ANSI/BOMA office area square feet and one parking space for the United States Coast Guard in Mandeville, Louisiana. This ten-year agreement commenced on September 1, 2017, and is scheduled to run through August 31, 2027, with the first five years established as a firm term. For the initial five-year period, the government pays a fully serviced annual rent of 158,206.09 dollars, calculated at 30.91 dollars per square foot. This amount includes 88,234.32 dollars for shell rental, 34,188.24 dollars for operating expenses, and 35,783.53 dollars for amortized tenant improvements. The annual rent decreases to 122,422.56 dollars for the final five years of the lease. The government maintains the right to terminate the agreement after September 1, 2022, provided 90 days written notice is given to the lessor.
General Info
Contract Value
$791,030.45Place of Performance
DCSet-Aside
Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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