FACILITIESAPPROVED

Hot Springs Memorial Field Commission Awards Facilities Contract to Lifenet Inc (July 2026)

The Board approved a short-term lease with LifeNet, Inc. for Hangar A-1, associated crew quarters, and 1.13 acres at Hot Springs Memorial Field from August 5 through December 31, 2026, at $2,432.80 per month. During the lease, the parties will plan hangar rehabilitation and negotiate a potential long-term agreement.

Status
APPROVED
Document date
July 21, 2026
Contract type
FACILITIES
Vendor
Lifenet Inc
Agency
Hot Springs Memorial Field Commission · AR

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,432.80 per month (building rent $2,020.35 plus ground lease $412.45); $24,244.16 per annum
Contract type
FACILITIES
Contract term
August 5, 2026 – December 31, 2026 (5 months), with option to renegotiate for additional periods
Renewal date
2026-12-31
Renewal
Initial 5‑month term ending December 31, 2026, with tenant option to renegotiate the lease for additional periods; rent subject to CPI-based adjustments on one-year anniversaries if renewed.
Document type
AgendaPacket
Source document
City of Hot Springs Agenda Packet 2026-07-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Hot Springs Memorial Field Commission?

Lifenet Inc was awarded this facilities contract by Hot Springs Memorial Field Commission, as recorded on July 21, 2026. The contract value is $2,432.80 per month (building rent $2,020.35 plus ground lease $412.45); $24,244.16 per annum.

How much is the Lifenet Inc contract with Hot Springs Memorial Field Commission worth?

The Lifenet Inc contract with Hot Springs Memorial Field Commission is valued at $2,432.80 per month (building rent $2,020.35 plus ground lease $412.45); $24,244.16 per annum, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Hot Springs Agenda Packet 2026-07-21 (AgendaPacket), dated July 21, 2026 from Hot Springs Memorial Field Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lifenet Inc hold?

Lifenet Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Lifenet Inc's profile

What is Hot Springs Memorial Field Commission currently buying?

Explore Hot Springs Memorial Field Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Hot Springs Memorial Field Commission's profile

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