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  5. ›LEASE OF SPACE FOR DR. CHARLES RICHARD DREW ELEMENTARY…

Louisiana Orleans Parish School Board·Louisiana

LEASE OF SPACE FOR DR. CHARLES RICHARD DREW ELEMENTARY SCHOOL

Closes 9/1/2026$1.2M – $1.5MInvitation for Bid
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Description

The Orleans Parish School Board is seeking bids for the lease of space at Dr. Charles Richard Drew Elementary School. The lease is for a period of three years with the option to renew for two additional years. The space is approximately 22,833 square feet and includes utilities and limited parking. The monthly lease rate ranges from $15.00 to $18.00 per square foot. The successful bidder will be required to execute a lease agreement and provide certificates of insurance. • The lease is for a period of three years with the option to renew for two additional years • The space is approximately 22,833 square feet • The monthly lease rate ranges from $15.00 to $18.00 per square foot • The successful bidder will be required to execute a lease agreement and provide certificates of insurance • The bidder must submit a bid form and sign it • The bidder must provide a deposit in an amount equal to ten percent (10%) of the bid amount

Attached files

Contact

Paul A. Lucius(Executive Director of Procurement)

[email protected]

(504) 304-3917

Key dates

Opened
8/5/2026
Questions due
8/25/2026
Pre-bid meeting
8/20/2026
Site visit
8/20/2026
Closes
9/1/2026
Duration
3 years

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531110
Solicitation №
654321-27-FAC-00018

Budget estimate

$1,231,425 – $1,481,724

Based on the lease rate of $15.00 to $18.00 per square foot and the total space of 22,833 square feet, the estimated annual lease payment would be between $410,475 and $493,908. Over a three-year period, the total lease payment would be between $1,231,425 and $1,481,724. This estimate may vary depending on the actual lease rate and other factors.

AI estimate from the solicitation

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