Description
Notice of Award Project: Department of Veterans Affairs Mid-Level Lease in New Orleans, LA Classification Code: X NAICS Code: 531120 Set Aside: VOSB Lease Award Date: July 2, 2026 This serves as notice that the Department of Veterans Affairs (VA) has accepted an offer, pursuant to RLP No. 36C10F24R0017 for Lease No. 36C10F26L0012 to lease 95,667 ANSI/BOMA square feet (or 102,842 rentable square feet) of medical and residential space and 95 parking spaces for a 20-year firm term at 12201 Levy Drive, New Orleans, LA 70128 for the New Orleans, LA Residential Rehabilitation Treatment Facility. The Lease has been awarded to the following Lessor: VET BUILD LLC 2740 St. Louis Street Suite A New Orleans, LA 70119-5518 The commencement date of this Lease, along with any applicable termination and renewal rights, shall be more specifically set forth in a Lease Amendment upon substantial completion and acceptance of the Space by the Government. Total Lease Contract Value (TLCV)*: $143,610,446.00 *The Total Lease Contract Value (TLCV) recited herein is the entire lease award amount at initial award, including the dollar value of option periods, if applicable, plus any lump-sum and/or amortized tenant improvement costs reflected in the rent schedule. Lump-sum tenant improvement costs based on allowances and definitized post-award/post-design are computed based on the lease ABOA SF and allowance value.
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