Description
The Federal Aviation Administration is seeking a competitive lease for 5,374‑6,374 RSF of industrial flex space in Savoy, Illinois to support FAA field operations. The lease must be for a contiguous, first‑floor area with specific office, technical, and shop spaces, 24‑hour access, dedicated HVAC, and security requirements. The lessor must fund all tenant improvements (TI) and will be reimbursed by the FAA within 90 days of substantial completion; no progress payments are allowed. The award will be based on the lowest‑price‑technically‑acceptable evaluation, including base rent, TI reimbursement, and any additional costs such as parking.
• Minimum 5,374 RSF, maximum 6,374 RSF, contiguous first‑floor space.
• Must provide 10 overnight government parking spaces plus 15 general spaces; cost included in rent.
• Lease term 10 years with 120‑day termination right; no firm‑term commitment beyond that.
• Lessor funds all build‑out; FAA reimburses after occupancy.
• Evaluation is LPTA (lowest price technically acceptable).