X--Notice of Award of Springfield, MO CBOC Lease
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The Department of Veterans Affairs awarded a lease contract on February 18, 2016, to Fedcar-Carnegie Management and Development Corporation for a new Community Based Outpatient Clinic (CBOC) located in Springfield, Missouri. The lease covers 68,000 net usable square feet of space, with an associated provision of 408 parking spaces. The lease agreement has a firm term of 20 years, ensuring long-term tenancy for the facility. The financial terms include an annual unserviced rent of $2,635,439 for the first year, along with a lump sum payment of $8,655,762 allocated for the tenant improvements and build-out of the space to meet the specific needs of the Springfield CBOC. The lease was managed by the Office of Construction & Facilities Management within the Department of Veterans Affairs, reflecting the agency's commitment to expanding healthcare facilities for veterans in the Springfield area.
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