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  5. ›Lake City GTA PTO

Florida Department of Revenue (REV)·Florida

Lake City GTA PTO

Closes 5/15/2026$3.5M – $5.3MInvitation for Bid
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Description

The Department of Revenue (REV) is seeking a lease for a General Tax Administration (GTA) and Property Tax Oversight (PTO) office in Lake City, Florida. The lease term is 10 years with 10 one-year renewals. The office space must be between 12,536 and 13,856 square feet. The selected offeror will be responsible for all design and construction costs. The agency is looking for a full-service (gross) or turn-key rental rate. The lease commencement date is October 1, 2027. • The office space must be within or abutting the specified boundaries in Lake City. • The selected offeror must provide a breakdown of the budgeted Tenant Improvement (TI) costs. • The agency has specific design and construction requirements, including security system and electronic locks. • The selected offeror must comply with all specifications outlined in the Invitation to Negotiate (ITN).

Attached files

Contact

John Mangar(Response Contact)

[email protected]

(850) 717-6886

Key dates

Opened
5/15/2026
Questions due
6/18/2026
Pre-bid meeting
6/3/2026
Closes
5/15/2026
Projected award
8/31/2026
Duration
10 years

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531110
Solicitation №
730:0446

Budget estimate

$3,500,000 – $5,300,000

The budget for this opportunity can be estimated based on the lease term and the office space size. Assuming an average annual rent of $20 per square foot, the total rent for the 10-year lease term would be approximately $2.5 million to $3.3 million, depending on the actual office space size. Additionally, the selected offeror will be responsible for all design and construction costs, which can be estimated to be around $1 million to $2 million, depending on the scope of work. Therefore, the total budget for this opportunity can be estimated to be around $3.5 million to $5.3 million.

AI estimate from the solicitation

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