New Lease Expansion Awarded in Smelterville, ID
Award Notice Posted
- Solicitation number
- 12034316L0408A
- Agency
-
Region 1 - Northern Region
Forest Service, Department of Agriculture
- Awarded
- Set-aside
- No set-aside
Opportunity facts
- Contract number
- 12034316L0408
- NAICS code
- 53112 Lessors of Nonresidential Buildings (except Miniwarehouses)
- PSC
- X1AA Lease/Rental Of Office Buildings
- Place of performance
- Smelterville, Idaho 83868, United States
Notice details come from SAM.gov. Updated .
About this opportunity
The Department of Agriculture Forest Service R1-Northern Region awarded a lease expansion contract to J M RANCHES, LLC for 9,610 RSF of office, warehouse, and special storage space, and 39,160 square feet of wareyard in Smelterville, ID. The awarded contract, valued at $421,634.18, was determined to be fair and reasonable after market research revealed four comparable properties within the determined price range. The award notice indicates that the existing lessor's offer was selected due to necessary updates to meet federal requirements such as ABAS, FPLS, and seismic standards.
Notice text
On 19 July 2024, a lease expansion was awarded to the existing Lessor of a 9,610 RSF of office, warehouse, and special storage space, and39,160 square feet of wareyard in Smelterville, ID. Market research revealed four comparable properties available for lease within the market value determined price range. The existing Lessor's offer was determined to be fair and reasonable at the time of award due to necessary updates to be in-line with Federal requirements (ABAS, FPLS, Seismic standards, etc.).
Awarded contract 12034316L0408 to J M RANCHES, LLC for 421634.18 on 2024-07-19.
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