LEASEAPPROVED

City of Richmond Awards Lease Contract to Dicon Fiberoptics Inc (November 2024)

Richmond City Council approved a five-year lease extension with DiCon Fiberoptics, Inc. for the police department facility at 1689 Regatta Blvd. with an annual rent of $1,690,440 and optional renewals.

Document date · November 19, 2024

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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
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Scope & details

The full contract record, as filed.

Contract amount
Annual base rent $1,690,440; Operating expenses/utilities $508,283 (estimated); 5 one-year renewal options
Contract type
LEASE
Contract term
January 1, 2025 – December 31, 2029
Renewal date
2029-12-31
Renewal
Five one-year renewal options; amendment is second for this lease.
Document type
Agenda
Source document
City of Richmond Council Meeting Agenda November 2024

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the lease contract by City of Richmond?

Dicon Fiberoptics Inc was awarded this lease contract by City of Richmond, as recorded on November 19, 2024. The contract value is Annual base rent $1,690,440; Operating expenses/utilities $508,283 (estimated); 5 one-year renewal options.

How much is the Dicon Fiberoptics Inc contract with City of Richmond worth?

The Dicon Fiberoptics Inc contract with City of Richmond is valued at Annual base rent $1,690,440; Operating expenses/utilities $508,283 (estimated); 5 one-year renewal options, covering lease work.

What type of contract is this?

This is a Lease contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Richmond Council Meeting Agenda November 2024 (Agenda), dated November 19, 2024 from City of Richmond. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Dicon Fiberoptics Inc hold?

Dicon Fiberoptics 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.

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