Cost Proposal - 005-RFP-0599-2024 - Leaed Office Space -Waterloo.xlsx

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Attached to
Lease Office Space - Waterloo
Solicitation number
005-RFP-0599-2024
Issued by
Black Hawk County, Iowa

About this file

This document is a Cost Proposal for a Request for Proposal (RFP) issued by the Iowa Department of Administrative Services to lease an office facility ranging from 15,000 to 17,000 rentable square feet located in Waterloo, Iowa. The facility will house approximately fifty (50) staff. The initial lease term is intended to be ten (10) years. The Cost Proposal requires the successful Proposer to provide space planning, floor planning, and construction or renovation services, with the costs of these services to be included in the base rent. The Agency plans to amortize the cost of tenant improvements over the life of the lease and requires the leased office space to be connected to the Iowa Communications Network (ICN).

The Cost Proposal Matrix outlines the various cost components, including base rent, tenant improvements, and operating expenses such as insurance, taxes, utilities, maintenance, and janitorial services. The Proposer is required to indicate whether the operating expense items are actual or estimated, and whether they are firm for the term of the lease or require annual adjustment. The Proposer is also asked to provide any offers and incentives available to the Agency.

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Sheet1

Cost Proposal - 005-RFP-0599-2024 - Leased Office Space - Waterloo.
Cost Proposal
The Cost Proposal shall include all costs associated with the development of the proposed facility. The successful Proposer shall be responsible for providing space planning and floor planning services per the Agency’s requirements and for the execution and management of the construction or renovation work required. The costs of these services shall be included in the base rent. The Agency will not pay for the fees of Realtors, architects, engineers, or others required by the Proposer in order to prepare a Proposal in response to this RFP.
Cost Proposal Matrix
The Proposer shall provide the Cost Proposal in the following format: The State prefers a Full-Service Gross Lease.
DescriptionYear 1-10
Cost per rentable sq. ft. - Base Rent$0.00
Cost per rentable sq. ft. - Tenant Improvements$0.00
Cost per rentable sq. ft. - Operating Expenses
For the following indicate actual or estimate expense: and whether the items's expense is firm for the term of the resulting Lease, or if the item requires annual adjustment:
Operating ExpensesActual or EstimatedFirm or annual adjutments
A.) Insurance$0.00
B.) Taxes$0.00
C.) Utilities$0.00
D.) Interior maintenance$0.00
E.) Exterior maintenance, incl. grounds & parking areas$0.00
F.) Trash removal$0.00
G.) Snow removal$0.00
H.) Pest control$0.00
I.) Janitorial services$0.00
J.) Any other applicable fees or services$0.00
Total Cost per rentable sq.ft$0.00
Total Annual Cost ( Total cost x 12 months)$0.00
As a narrative to the Cost Proosal Matrix above, the Respondent shall provide the following information:
1.) Lease Term: The Agency intends that the intial term of the Lease shall be for ten (10) years.
2.) Tenant Improvements: The Agency plans to amortze the cost of the tenant improvements over the life of the lease. Respondent shall State the amortization rate.
Amortization rate0.00%
3.) ICN Connection: Leased office space is required to be connected to Iowa Communications Network (ICN). Property not connected will need connection. ICN identified coneection cost will be added to Respondents cost proposal by the evaluation committee.
4.) Provide any offers and incentives available to the Agency

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