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  5. ›2026 Municipal Hangar Bids - Aberdeen Regional Airport

City of Aberdeen·South Dakota

2026 Municipal Hangar Bids - Aberdeen Regional Airport

Closes 4/7/2026$141k – $170kInvitation for Bid
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Description

The City of Aberdeen is seeking bids for the lease of a municipal hangar located at the Aberdeen Regional Airport. The hangar is approximately 60 feet by 90 feet and may only be used for aviation purposes. The successful bidder will be required to execute a "Municipal Hangar Lease Agreement" within 20 days of the Notice of Award. The lease will be for a yearly term with a minimum annual rental amount of $14,100.00, plus sales taxes, and an annual increase of at least 3%. The bid procedure will involve a public opening and reading of bids, and the winning bid may be selected at the regular meeting of the Aberdeen City Council. Key considerations for the bid include: • The hangar's restricted use for aviation purposes only • The minimum annual rental amount and annual increase • The requirement for a certified check, cashier's check, or bank draft to accompany each bid • The possibility of an auction in the event of tie bids • The need for the successful bidder to execute a Municipal Hangar Lease Agreement within 20 days of the Notice of Award

Attached files

Contact

Jordan McQuillen(Finance Officer)

Key dates

Opened
3/12/2026
Closes
4/7/2026
Projected award
4/20/2026

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531110

Budget estimate

$141,000 – $170,000

Based on the minimum annual rental amount of $14,100.00, plus sales taxes, and an annual increase of at least 3%, the total budget for the lease of the municipal hangar could be around $141,000 to $170,000 over a 10-year period, assuming a steady annual increase. However, this is just an estimate, and the actual budget could be higher or lower, depending on various factors such as the actual rental amount, the length of the lease, and any potential changes to the lease agreement.

AI estimate from the solicitation

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