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  4. ›Notice of Intent to Exercise Lease Renewal Option

U.S. Department Of Agriculture·New Mexico

Notice of Intent to Exercise Lease Renewal Option

Closes 10/2/2026$1.5M – $2.5MSole Source
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Description

The United States Department of Agriculture (USDA) has issued a notice of intent to exercise a five‑year renewal option on an existing lease for 1,442 rentable square feet (RSF) located in Taos, New Mexico. This renewal will extend the agency’s occupancy of the space for an additional five years under the same lease terms, providing continuity of federal operations in the region. The opportunity does not involve a competitive bidding process; it is an internal lease renewal. • Location: Taos, NM • Size: 1,442 RSF • Lease term: Existing lease + 5‑year renewal option • Agency: USDA (U.S. Department of Agriculture) • NAICS code listed: 531120 (Lessors of Residential Buildings and Dwellings) • Primary contact: Ed Budzinski (email: [email protected]) • No submission deadline, pre‑bid meeting, or site visit required – internal renewal.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Ed Budzinski

[email protected]

Key dates

Opened
9/29/2026
Closes
10/2/2026
Duration
5 years

Last updated

Details

Type
Sole Source
Industry
Government
NAICS
531120
Solicitation №
127EAB16L0204

Budget estimate

$1,500,000 – $2,500,000

No explicit payment amount is disclosed. Assuming a modest market rate of roughly $20 per rentable square foot per month for office space in Taos, NM, the annual lease cost would be about 1,442 RSF × $20 × 12 ≈ $346,000. Over the five‑year renewal, total lease expenditures could range from $1.5 million (lower‑end market rates) to $2.5 million (higher‑end rates). This estimate reflects typical commercial lease pricing, regional cost variations, and the possibility of negotiated terms.

AI estimate from the solicitation

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