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  5. ›Operating Lease at Pusch Ridge 9-Hole Golf Course

Awarded contract·Town of Oro Valley·Arizona

Operating Lease at Pusch Ridge 9-Hole Golf Course

$1.5MSingle Award
Contract source

Description

The Town of Oro Valley, Arizona, requested proposals for the operating lease of the Pusch Ridge 9-Hole Golf Course. However, the contract was cancelled due to the Town receiving a single offer that was not in their best interests. The lease would have required the lessee to manage the golf course and its operations, consistent with modern management trends in the golf industry. • The contract was for the operating lease of a 9-hole golf course. • The Town of Oro Valley, Arizona, was the agency that created and decided to award the contract. • The contract was cancelled due to the Town receiving a single offer that was not in their best interests. • The lease would have required the lessee to manage the golf course and its operations. • The contract was posted on November 1, 2021, and the bid submission date was December 10, 2021.

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Sports and Recreation
NAICS
713910
Solicitation №
22018

Contract value

$1,500,000

The value of the contract is not explicitly stated in the document. However, the contract is for the operating lease of a 9-hole golf course, which could be a significant revenue source for the Town of Oro Valley. Based on industry benchmarks, the annual revenue of a 9-hole golf course can range from $200,000 to $500,000. Assuming a 5-year lease term, the total contract value could be estimated to be around $1 million to $2.5 million. However, this is a rough estimate and the actual value of the contract could be higher or lower, depending on various factors such as the specific terms of the lease and the financial performance of the golf course.

AI estimate from the award documents

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