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  5. ›Golden Shores Library Lease

Awarded contract·Mohave County Library District·Arizona

Golden Shores Library Lease

Won by Golden Shores Civic Association$6kSingle Award
Contract source

Awarded vendors

  • Golden Shores Civic Association

Description

The Golden Shores Library Lease is a contract between the Mohave County Library District and Golden Shores Civic Association for the lease of commercial space for the Golden Shores Branch. The contract has an initial term of 5 years, commencing on July 1, 2024, and expiring on June 30, 2029, with an option to renew for up to 5 additional 1-year periods. The monthly lease amount is $530.00. The contract was approved by the Board of Directors of the Mohave County Library District. Key aspects of the contract include: • Lease term: 5 years with option to renew for up to 5 additional 1-year periods • Monthly lease amount: $530.00 • Lease commencement date: July 1, 2024 • Lease expiration date: June 30, 2029 • Option to renew for up to 5 additional 1-year periods

Attached files

Key dates

Starts
7/1/2024
Ends
6/30/2029Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Real Estate
NAICS
531110
Solicitation №
24LS03

Contract value

$6,360

The contract value can be estimated by multiplying the monthly lease amount by the number of months in the contract term. The initial term is 5 years, which is 60 months. The monthly lease amount is $530.00. Therefore, the estimated contract value is $530.00 * 60 = $31,800.00. Additionally, there is an option to renew the contract for up to 5 additional 1-year periods, which would add another 5 years or 60 months to the contract term. This would increase the estimated contract value to $530.00 * 120 = $63,600.00. However, since the contract value is given as $6,360 in the budget section, this will be used as the estimated contract value.

AI estimate from the award documents

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