Description
The U.S. Army Corps of Engineers is soliciting bids for the lease of approximately 100 acres of land at Fort A.P. Hill in Virginia for agricultural purposes. The lease term will be for up to 5 years, with the option to renew for an additional 5 years. The successful bidder will be required to enter into a lease agreement with the U.S. Army Corps of Engineers and comply with all terms and conditions, including payment of annual rent and a performance guarantee. The lease will be awarded to the highest-priced offer that complies with the terms and conditions of the Invitation for Bid.
• The leased land will be used for crop production or mowing.
• The lessee will be responsible for paying annual rent in advance.
• The lessee will be required to provide a performance guarantee in the amount of 20% of the annual rent.
• The lessee will be required to comply with all applicable federal, state, and local laws and regulations.
• The lessee will be required to maintain the property in good condition and repair any damage caused by their activities.