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Awarded contract·Bay County, FL·Florida

Regional headquarters for FWC

Won by Game and Fresh Water Fish Commission$5MSingle Award
Contract source

Awarded vendors

  • Game and Fresh Water Fish Commission

Description

The contract is a lease agreement between Bay County, FL, and the Game and Fresh Water Fish Commission for a regional headquarters. The lease term is 50 years, and the Commission will pay an annual rent of $1.00. The Commission must construct an administration building and appurtenant structures on the leased premises within two years of the lease's execution. The contract includes provisions for termination, assignment, and subletting. The key aspects of this contract include the lease term, rent, and construction requirements. • The lease term is 50 years, commencing on March 1, 1979, and ending on February 28, 2029. • The annual rent is $1.00, payable on the first day of March each year. • The Commission must construct an administration building and appurtenant structures on the leased premises within two years of the lease's execution. • The contract includes provisions for termination, assignment, and subletting.

Attached files

Key dates

Starts
3/1/1979
Ends
2/28/2029
Duration
50 years

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Government
NAICS
531110
Solicitation №
HIST-164

Contract value

$5,000,000

The contract value is difficult to estimate, as the annual rent is $1.00, and there is no explicit mention of the total contract value. However, considering the construction requirements and the 50-year lease term, the contract value could be substantial. Assuming an average annual construction and maintenance cost of $100,000, the total contract value could be around $5 million.

AI estimate from the award documents

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