This Government Contract opportunity was posted on October 14, 2014. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Acquisition of leased space for the new Worcester Annex (Northampton VAMC) Clinic and Research Facility
Contract Overview
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The United States Department of Veterans Affairs has awarded a real property lease for the new Worcester Annex Clinic and Research Facility under solicitation VA24114R0457. The agreement spans a total of 10 years, consisting of an initial five-year firm term followed by a five-year non-firm term. The government maintains the right to terminate the lease with 90 days' notice after the first five years. Rent accrual begins only upon the formal acceptance of the space. Financial obligations include average annual rent of 281,232.00 dollars for the first term and 299,980.80 dollars for the second. Annual operating costs are projected at 220,694.24 dollars and 255,845.11 dollars for the respective terms. Additionally, a lump sum for tenant improvements is capped at 2,014,425.00 dollars, contingent upon space acceptance. The total projected cost to the government for the full duration of the lease is 7,303,185.70 dollars.
General Info
Agency
Contract Value
$2,014,425Place of Performance
Worcester, MA (See Map) 01655 USASet-Aside
Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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