Master agreement CTR079153

The Arizona Master Agreement CTR079153 is a comprehensive contract vehicle designed to facilitate office space leasing for state government agencies, specifically tailored for the Arizona Department of Corrections, Rehabilitation and Reentry (ADCRR). The IDV provides a structured mechanism for securing and managing office space, with specific provisions for lease terms, rental rates, and tenant improvements. This master agreement enables precise procurement of office facilities, offering flexibility in space allocation, parking arrangements, and potential lease extensions.

The master agreement is awarded to Don Dan and Dave Smith LLC, with Arizona Correctional Industries (ACI) serving as the contracting organization. The contract spans a five-year period from November 1, 2025, to October 31, 2030, with a state-specific focus on Arizona. The lease covers approximately 18,000 rentable square feet located at 4441 E. McDowell Road in Phoenix, with an initial rental rate of $11.00 per square foot, incrementally increasing to $25.38 per square foot by the contract's final year. The agreement includes provisions for 35 covered and 50 open parking spaces, with an option for a five-year renewal based on fair market value determination.