This Government Contract opportunity from Department Of Veterans Affairs was posted on November 19, 2020. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
X1DB--36C26320L0012 618 New-Replacing Lease Rice Lake, WI CBOC Lease PoP: 10-year Firm, 10-year Non-Firm
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The Department of Veterans Affairs, through Network Contract Office 23, awarded contract 36C26320L0012 to Highlands Development, LLC for the lease of the Rice Lake CBOC located at 320 South Access Road, Rice Lake, WI. The facility provides 13,750 ABOA square feet and 14,555 RSF, along with 50 parking spaces, 25 of which are reserved exclusively for government use. The agreement includes a 10-year firm term followed by a 10-year non-firm term, with an estimated delivery date not to exceed November 1, 2021. Financial terms include a total award amount of 2,750,000.00, which encompasses 2,695,000.00 for tenant improvements and 55,000.00 for FSL II, payable in a lump sum upon completion and acceptance. Annual rent for the first five years of the firm term is set at 550,000.00, consisting of 398,750.00 in shell rent and 151,250.00 in operating costs. This rate increases to 570,625.00 for years six through ten of the firm term, with further adjusted rates provided for the non-firm term options.
General Info
Contract Value
$2,750,000Place of Performance
MNSet-Aside
Award Issued Date
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Submission Closed
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