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  5. ›LEASE AND OPERATION OF PELICAN HARBOR MARINA

Awarded contract·City of Palm Bay·Florida

LEASE AND OPERATION OF PELICAN HARBOR MARINA

$6MSingle Award
Contract source

Description

The City of Palm Bay, Florida, is seeking proposals for the leasing and operation of the Pelican Harbor Marina. The goal is to receive proposals for a fixed-term lease of 2 years with an optional renewal period of 1 year. The marina should provide high-quality services for the boating community and include repairs, improvements, and expansions to the existing facilities. The contract is expected to generate revenue for the city through a guaranteed rent payment and a percentage of the gross revenue. Key aspects of the contract include the lease term, rent payment, and revenue sharing. The city is looking for a vendor that can provide a high-quality marina with a variety of services. Some of the key services that the marina should provide include: • Marina maintenance and repairs • Fuel sales • Boat storage and launching • Marina amenities such as restrooms and showers • Security and parking The city is seeking a vendor that can provide these services and generate revenue for the city.

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Hospitality and Tourism
NAICS
713930
Solicitation №
35-0-2015

Contract value

$6,000,000

The value of this contract can be estimated based on the revenue generated by the marina. The contract is expected to generate revenue for the city through a guaranteed rent payment and a percentage of the gross revenue. However, the exact value of the contract is not explicitly stated in the provided text. To estimate the value, we can consider the average annual revenue of a marina, which can range from $1 million to $5 million. Based on this, the total value of the contract for the 2-year lease period could be estimated to be around $2 million to $10 million.

AI estimate from the award documents

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