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  5. ›Notice of Intent to Award: Mississippi Department of…

Awarded contract·Mississippi Department of Finance and Administration·Mississippi

Notice of Intent to Award: Mississippi Department of Rehabilitation Services (Ridgeland, Madison County)

Won by Business Park Partnership LP$6MSingle Award
Contract source

Awarded vendors

  • Business Park Partnership LP

Description

This notice announces the intent to award a lease for office space in Ridgeland, Mississippi to Business Park Partnership LP on behalf of the Mississippi Department of Rehabilitation Services. The lease is slated to begin on January 1 2027, but final approval must come from the Public Procurement Review Board at its December 2026 meeting. No financial terms, lease length, or detailed specifications are disclosed. The agency’s contact is Eric Davis ([email protected], (601) 853‑5100). The vendor’s address is 660 Katherine Drive, Flowood, MS. Key points: • Intent to award a non‑construction lease for state office space. • Award pending PPRB approval; no final award date yet. • No monetary or term details provided, making valuation speculative. • Single‑vendor award; likely a sole‑source procurement.

Attached files

Key dates

Bids closed
1/1/2027
Starts
1/1/2027

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Real Estate
NAICS
531120

Contract value

$6,000,000

No monetary figures are disclosed, so we must estimate based on typical market rates for office space in the Ridgeland/Madison area. Assuming a mid‑size office of roughly 10,000 sq ft at an average lease rate of $15‑$20 per square foot per month, annual rent would range from $1.8 M to $2.4 M. If the lease term is a common three‑year period, total contract value would be approximately $5.4 M‑$7.2 M. Given the lack of term length, a conservative midpoint estimate of $6 M is reasonable.

AI estimate from the award documents

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