Award Notice for Orlando, FL (8FL2489) - DHS & ICE

Classification Code: X NAICS Code: 531120 This serves as notice that the United States Government has accepted an offer to lease 49,420 rentable square feet of space yielding a minimum of 43,043 ANSI/BOMA office area square feet using the Full and Open Competition practices for a new lease for the United States Department of Homeland Security DHS) and United States Immigration and Enforcement (ICE). The lease has been awarded to the Procacci Orlando, LLC in Orlando, Florida. Commencing August 12, 2020 through August 11, 2040, the U.S. Government shall pay the Lessor annual rent as follows: August 12, 2020 through August 11, 2035, the U.S. Government shall pay the Lessor annual rent of $1,561,565.00 for a fully serviced lease at the rate of $130,130.42 per month. August 12, 2035 through August 11, 2040, the U.S. Government shall pay the Lessor annual rent of $1,689,068.60 for a fully serviced lease at the rate of $140,755.72 per month. Said rent shall consist of a shell rental in the amount of $1,272,565.00 annually for Years 1-15; $1,400,068.60 annually for Years 16-20. Said rent shall consist of an operating rent in the amount of $289,000.00 annually for Years 1-20. The lease terms are set at 20 years/15 years firm and has an expiration date of August 11, 2040.