Russellville CBOC Succeeding Lease
Award Notice Posted
- Solicitation number
- 36C25625Q0452
- Agency
-
Veterans Integrated Service Network 16
Veterans Health Administration, Department of Veterans Affairs
- Awarded
- Set-aside
- No set-aside
Opportunity facts
- Contract number
- 36C25625L0009
- NAICS code
- 531120 Lessors of Nonresidential Buildings (except Miniwarehouses)
- Place of performance
- Russellville, Arkansas, United States
Notice details come from SAM.gov. Updated .
About this opportunity
The Department of Veterans Affairs Veterans Health Administration Veterans Integrated Service Network 16 awarded a sole source fixed-price contract valued at $4,929,324.10 to SI Property Investments LLC for a succeeding lease of the Russellville Community-Based Outpatient Clinic (CBOC). The contract covers the lease of 9,986 square feet of clinical medical space at 3106 West 2nd Court in Russellville, Arkansas, for a 10-year term beginning September 1, 2025, with an estimated annual cost of $463,961.25. The rental rate of $28.06 per rentable square foot, while higher than the local market range of $10.00-$18.00, was deemed fair and reasonable due to the existing medical build-out, and SI Property Investments was the only respondent meeting the agency's specific requirements within the designated geographical area.
Notice text
Fixed Price and Sole Source
Awarded contract 36C25625L0009 to SI PROPERTY INVESTMENTS LLC for 4929324.10 on 2025-08-26.
Files
| File | Type | Posted |
|---|---|---|
| Russellville CBOC JOFOC _ Final signed.pdf |
Notice history
| Notice | Type | Posted |
|---|---|---|
| This notice | Award Notice | |
| Russellville Succeeding Lease | Pre-Solicitation |
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