LIB Commercial Lease 274 East First Avenue, Columbus

The Ohio Real Estate RE05721-14 Indefinite Delivery Vehicle (IDV) is a state-level contract designed to provide comprehensive real estate services for the Ohio Department of Administrative Services. This master contract enables state agencies and authorized entities to procure real estate-related solutions, specifically focusing on services within the UNSPSC 80130000 category of real estate services. The IDV is structured to facilitate efficient and standardized acquisition of real estate support, allowing government entities to access pre-negotiated terms and pricing for their property-related needs.

The contract is awarded to WOOD STONE COLUMBUS FIRST AVE II LLC and will be active from July 1, 2025, through June 30, 2027, with a statewide geographic coverage across Ohio. As a real estate contract type, this IDV is administered by the Ohio Department of Administrative Services (DAS-Administrative Services), providing a streamlined procurement mechanism for state agencies. While specific contract value details are not provided, the IDV represents a strategic approach to managing real estate service acquisitions with a defined two-year performance period.