REQUEST FOR PROPOSALS for

Ground Lease for Hangar Construction

City of Show Low Project FM-2724

The City of Show Low is soliciting proposals from interested parties for a ground lease at the Show Low Airport for the purpose of constructing aircraft hangers. The project shall take place at the Show Low Airport on the Private Hangar Development Area. The offeror’s proposal shall include a map or sketch showing the proposed leased area, any proposed infrastructure, a description of the hangar construction type, the intended aircraft type, and a cost proposal for lease terms. The City may elect to award multiple leases. Show Low Airport standard lease terms are an initial 25-year term with extensions to a maximum 49 term years. Current lease rates start at $0.335 per square foot per year with annual CPI adjustments.

A copy of the Request for Proposals, which includes proposal requirements, schedule, maps, along with other information is available online at http://showlowaz.gov/bids.aspx . It is the sole responsibility of the party responding to the Request for Proposals to obtain all information, addenda, updates, etc. to meet the submittal dates and requirements.

The due date for submittal is Wednesday, October 18th, 2023, at 4:00 pm. Submittals should be addressed to the City of Show Low, Jacob Allen, 180 North 9th Street, Show Low, AZ 85901. Written Questions must be submitted in writing via US Mail, email, or hand delivered to the City Hall no later than 2:00 PM on Thursday, October 12th, 2023. Submit written questions to: City of Show Low, project FM-2724, 180 North 9th Street, Show Low, AZ 85901or jallen@showlowaz.gov

Sealed Proposal

Proposal shall be submitted in a sealed envelope. The outside lower right-hand corner of the envelope shall be marked:

“Sealed Proposal of __(firm name)______________________________, For Ground Lease for Hangar Construction City of Show Low, AZ

Publish White Mountain Independent; 9/29/2023 & 10/6/2023